Bradford Allen is pleased to share with you our latest office market report.
This quarter in the downtown office market:
- Absorption levels improved but remained negative at -300,000 s.f. for Q2
- Direct vacancy increased to 18.4%
- The gross asking rate for the market is $42.87 p.s.f.
- Sublet availability slightly increased from 3.9% in Q1 to 4.1% in Q2
