Since August is nearly over, I suppose I should post the Grubb & Ellis August Office Market Report. So, here are the highlights:
• Available supply dips below 51.5 million for the first time in 16 months
• Overall direct asking rents remain flat
• Downtown shows sign of promise—One World Trade Center gets new partner
• Midtown sublease supply reaches a six-month low
http://feeds.feedburner.com/Brokered-ThoughtsOnNycCommericalRealEstate