June 22, 2022
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Vital Signs: U.S. office rents going up despite supply growth

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Asking rents for office space in the U.S. averaged $35.91 per square foot annually in February, up 0.7 percent from three months ago, according to the Yardi Matrix National Office Report. The average rents in New York City and San Francisco are the highest in the nation, with Manhattan at $74.10 per square foot and…

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