North America office report fourth quarter 2008 [electronic resource]
Language: English Series: North America Office Report ; Fourth Quarter 2008Publication details: [S.l.] JLL 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 146876-1001 |
Reports that declines in leasing activity, together with large new deliveries with pre-leasing levels below 50%, have pushed vacancy rates steadily upwards. As a result, quoted rents have been pushed down by approximately 2.1% in the second half of 2008, while effective rents have experienced greater declines as landlord concessions continued to increase throughout the year.