In the aftermath of the recession, sublease space ballooned to more than 17 million square feet in May 2009 but it is quickly declining and a lower supply of sublease space could push rents higher. Sublease space is often 20 ...Read More
In the second quarter of 2009, there was 16.4 million square feet of sublease space compared to just under 6 million in early 2007. The market was flooded with space and that number just serves to highlight how bad ...Read More