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Midtown Concessions

STARTING RENT & NET EFFECTIVE RENT

TENANT IM

$/sf

$/sf

Starting NER

$95.00

$10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $110

-18.8% -19.1%

-17.6%

$85.00

-14.4% -15.7%

$75.00

$86.77

$85.90

$65.00

$81.90

$75.74

$74.61

$55.00

$70.22

$69.77

$67.50

$64.83

$45.00

$62.86

$65.65

$35.00

$25.00

2015

2016

2017

2018 2019 YTD

201

New Leases Only

30