Declines signal tenants may be maxed out on how much income they can devote to rent.
Tag: tenants
Corporate Tenants Dump Excess Office Space, Sending Shivers through the Market
More companies are looking to dump excess office space by renting it out to new tenants, flooding the market with additional supply that could depress U.S. office rents. With many employees planning to keep working from home for the foreseeable future, big corporate tenants in city centers say they have a surplus of office space.… Continue reading Corporate Tenants Dump Excess Office Space, Sending Shivers through the Market