Posted on Friday, August 01, 2014 at 9:31 am CDT
Cogent Realty Advisors released a new report detailing the latest developments in Manhattan's commercial real estate leasing industry. The company found that rental rates for offices in Manhattan have increased by an average of 3.7% compared to the last quarter of 2013, with notable reductions in office space vacancy accompanying the increasing prices. Cogent Realty Advisors is a Manhattan-based office leasing specialist and broker, offering clients a variety of informational resources and strategies for satisfying their office space needs.
Source: Cogent Realty Advisors, Inc.