While office rents are showing a flattening in the rate of appreciation, the actual rents achieved are at near peak level. The robust nature of achievable office rents is reflected in the continued advancement of office-building sale prices. Both A and B buildings continue to demand increasing prices.
These increases seem to reflect the narrowing of current investment choices in product and location.
David A. Fuss
Wilkes Artis, Chtd.
[email protected]
American Property Tax Counsel (APTC)
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