Family Office Briefing on research byTranswestern·Jan 31, 2025
Downtown Manhattan Office Research Report - Q4 2024
Downtown Manhattan office leasing dipped below 500,000 SF in Q4 2024 — family offices should consider co-GP opportunities with well-positioned operators.
OfficeQ4 2024
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | -351.4Thousands SF |
| Overall Vacancy Rate | 21.0% |
| Overall Vacant SF | 19.2MSF |
| Asking Rent | $55.09PSF |
| Sales Volume | $99.9Millions |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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