In April, leasing volume in Manhattan decreased by 7.7% from the prior month and 43.9% from the previous year, according to Colliers’ April Manhattan Office Report. This drop in demand resulted in an increase of 0.3 percentage points to 17.4%, matching February 2022’s record high for availability rate. Negative absorption during this period totaled 1.35 million square feet while available supply rose 74
“JLL Facilitates Sale of Logistics and Distribution Center in Carol Stream and I-290 Area”
JLL has successfully sold two top-quality industrial properties in the North DuPage County submarket of Chicago. The firm acted as