PowerPoint Presentation
Summary of Economic Scenarios Midtown South Class A Market
Short U
2019 2020 2021
Sharp V
2019 2020 2021
Net Absorption
0.7
-0.6 -0.4
Net Absorption
0.7
-0.9 1.0
Vacancy
5.1% 12.7% 15.0% 103.56 $94.40 $83.34 13.6% -8.9% -11.7%
Vacancy
5.1% 14.2% 10.8% 103.56 $89.47 $87.25 13.6% -13.6% 2.5%
Asking Rent Rent Growth
Asking Rent Rent Growth
Long U
2019 2020 2021
Net Absorption
0.7
-0.6 -1.1
Vacancy
5.1% 13.0% 18.4% 103.56 $93.60 $74.43 13.6% -9.6% -20.5%
Asking Rent Rent Growth
Source: Cushman & Wakefield Research Absorption in MSF. Asking rents are gross, all classes, per square foot. Vacancy and rent growth are annual average % (changes) versus year-end. Class A figures are for direct space only.
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