A Fresh Take on CRE

Asking Rents Drop, Taking Rents Tumble: Great Research from G&E

In advance of posting the Grubb & Ellis market report for the month of December, I thought it would be helpful to explain what Net Effective Rents are, which I did in my last post.



Now that you have this wonderful knowledge, here is the latest report which goes into more detail on market and breaks down asking rents on a direct and sublet basis. By the way, the difference between direct and sublet asking rents: 27%!!


If you've been thinking about when to take advantage of this crazy market, now is the time. Without any further ado, here's the report:
http://feeds.feedburner.com/Brokered-ThoughtsOnNycCommericalRealEstate