Jones Lang LaSalle Reports Manhattan Trophy Buildings Cement Rent Gains As City’s Office Market Continues to Improve

Jones Lang LaSalle Reports Manhattan Trophy Buildings Cement Rent Gains As City’s Office Market Continues to Improve

NEW YORK, NY – October 4, 2011 – (RealEstateRama) — Jones Lang LaSalle reported in its summer 2011 Skyline Review that demand for New York trophy office properties remains strong and steady despite continued economic uncertainty and volatility in the stock market. Manhattan has seen average asking rental rates for tower floors at the city’s prime addresses rise faster than any other segment of the market.

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