Quote:
Originally Posted by Aaamazarite
Check out page 4 of this report that just came out:
http://www.ngkf.com/Uploads/FileMana...ket-Report.pdf
The University City office submarket has the highest asking rents in the entirety of Southeastern PA and had the third highest year-to-date absorption of office space. It also has the third lowest office vacancy rate in Southeastern PA. |
Wow, demand sure is high. That's probably why SY is so confident that they can build their JFK towers and lease them out relatively soon.
I think that uCity Square gets at least two buildings under construction that clear 200 ft by 2021.