Sentences with phrase «leasing overall dropped»
The UBS agreement at the Midtown tower was the second - largest in 2016, when Manhattan leasing overall dropped to 28.1 million square feet, its lowest in seven years and a 30 percent decline from a recent high in 2013, according to a report last week from Jones Lang LaSalle Inc., a Savills Studley competitor.
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He also anticipates rents will drop significantly if carriers» legislatively subsidized small - cell pricing continues to be forced on municipalities unabated, given the overall lack of transparency in the cell tower lease market.
The overall occupancy rate for seniors housing properties dropped 90 basis points year - over-year to 88.8 percent, a drop that is likely due to new supply and properties still in lease - up phases.