Fourth Quarter Promises, Annotated

reprints


CO 1-8 Page 22Early indications suggest that the period between October and December will clock in as the most active fourth quarter since 2007, just before Manhattan’s office market imploded.

And while lease flow in 2012 was a far cry from 2011, when deals by Condé Nast and Nomura Holding straddled the million-square-foot precipice, a bevy of eleventh-hour transactions by Microsoft and Kaye Scholer in the fourth quarter of 2012 helped close the gap.

SEE ALSO: California’s Life Sciences Industry Generates $376B Per Year: Report

The Commercial Observer reviewed fourth-quarter leasing in Midtown South with Cushman & Wakefield Director of Research Jonathan Mazur last week in an bid to gleam a snapshot of the quarter. An annotated guide, after the jump.

[scribd id=119518708 key=key-2kh3u8ll5gk6jzxi3gwc mode=scroll]