The cooldown in the industrial sector, typically illustrated by the decline in leasing activity and increase in the amount of new supply hitting the market, now has another indicator: rising amounts of sublet space.
Industrial Sublet Space Quickly Rises to All-Time High in New York
Available Sublet Space Has Increased 103% Over the Past Year
CoStar Analytics
June 27, 2023 | 4:08 P.M.
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