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Tenants may benefit from the increase in space within the Sixth Avenue Corridor as several large office blocks become available over the next few years.
New York, NY (PRWEB) August 26, 2014
Highlighting the duality of landlord versus tenant driven markets, Savills Studleys most recent research entitled Shifts Along Sixth Avenue examined a subset of midtown buildings located on and around Sixth Avenue, designated the Sixth Avenue Corridor. As the leading global commercial real estate services firm specializing in tenant representation, Savills Studley explains how a change in available office stock has pushed rent prices up throughout the corridor, even as the submarket is likely to become increasingly tenant friendly.
Key research highlights includes:
For the complete study please visit savills-studley.com/research/shifts-along-sixth-avenue.
About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firms comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 25 offices in the U.S. and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 27,000 professionals and over 600 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).
For more information, please visit http://www.savills-studley.com and follow us on Twitter @SavillsStudley and LinkedIn.
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