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brdd | 4 years ago

Totally false. We saw many commercial units between $35-50/sf IG and just signed on one at $37/sf.

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jeffbee|4 years ago

"At the first quarter of 2021, the overall citywide asking rent was $73.76 per square foot (psf) down 12.0% from the peak of $83.82 psf with the Class A citywide figure at $77.66 psf, down 10.0% from $86.31 psf,. Direct space continues to be marketed at near record levels for the time being with the citywide Class A direct asking rent at $84.47 psf and the CBD Class A direct asking rent at $85.71 psf" — Cushman and Wakefield

"Totally false" — Internet rando

jedberg|4 years ago

> Cushman and Wakefield

Aka a company with a vested interest in convincing you that the $75 price they are offering you is totally in line with the average and it's really good and you should just take it.

htormey|4 years ago

Also, are these figures factoring in things landlords are doing now to sweeten the deal without dropping the per month/sq price?

I.e giving months away for free or other incentives like that? Anecdotally I’ve heard office rent is way down as well.