Construction activity has returned in the Northeast. From Central New Jersey to Portland, Maine, new construction has reemerged, particularly in the major markets of Manhattan and Boston. Nearly 38 percent of the 48.0 million square feet (msf) currently under construction in U.S. markets are located in the Northeast.
Posts Tagged ‘office leasing’
21st October 2010 While leasing has improved nationally from third quarter, 2009 to the present, there are differences in the pace of improvement between and within markets and certainly between CBDs (Central Business Districts) and Non CBDs (suburban markets). In the CBDs leasing is up 31.6% year over year while in the suburbs it is […]
It’s hard to feel confident on a consistent basis these days when the stock market is so volatile, employment growth is weak and consumer and business confidence ebb and flow. But the strength in US office and industrial leasing is irrefutable – it’s in the books and these stats won’t be adjusted. Office leasing is […]