Midtown 2Q 2018 Market Report

Class A rents (on a gross basis) in Midtown grew from $36.24/SF in 1Q to $37.19/SF in 2Q, an increase of 2.6%, or 10.4% on an annualized basis. For class B properties, rents increased from $23.87/SF to $26.10/SF, an astonishing increase of 9.3% for the quarter, or 37.2% annualized. If rent is any indicator, Midtown is on fire.

Published: Sep 18 | 2018 Download
Share: Email