Jones Lang LaSalle Reports Manhattan Office Market Recovery Continues to Pick Up...

Jones Lang LaSalle Reports Manhattan Office Market Recovery Continues to Pick Up Steam in Second Quarter of 2011

NEW YORK, NY – July 7, 2011 – (RealEstateRama) — Jones Lang LaSalle announced that overall average asking rental rates increased and overall vacancy rates decreased in every building class and every submarket of Manhattan’s office market in the second quarter of 2011. Class A buildings in Midtown and Midtown South posted gains in rents while Class B product in both submarkets saw rates fall slightly.

SHARE

Shea Communications is a media relations firm that works with local, national and international media to manage sensitive client issues and to advance clients' new business development goals. Experts at crafting and delivering messages, Shea Communications personnel develop and implement strategies across all media.

Contact:

Mark Faris
Senior Account Executive

Shea Communications
18 East 41st Street
Suite 1501
New York, NY 10017

Phone: 212-627-5766
Fax: 212-627-5430

Previous article184 KENT COMPLETES 8,000-SF LEASE TO RIVER SCHOOL
Next articleWidespread Abuse by Mortgage Servicers Hurts Homeowners, Investors, Taxpayers, Economy