NEW YORK-Despite an uptake in leasing activity, landlords continue to remain apprehensive as some businesses are working out ways to use less space per employee.
Companies that remained silent during the height of the economic downturn are now entering into leasing commitments.
According to Studley, a commercial real-estate brokerage firm , office tenants around the US signed leases for 161.3 million square feet as of June 2010, a 5.7% increase over the year before. For the full story, go to Wall Street Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
