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Brooklyn Market Reports

Brooklyn Office Market

Average Asking Rent (Price/SF) $47.85
Availability Rate (%) 17.5%
Net Absorption (SF) 132,560

Strong leasing outpaced limited additions to availability during the second quarter, resulting in positive quarterly absorption of 132,560 square feet. Absorption was positive in five of the six Brooklyn submarkets-all but Downtown Brooklyn.

Brooklyn Office Market Report
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