STRONG DEMAND SPURS SUSTAINED INCREASE IN RENT
Takeaway
Businesses relocating from higher-cost East and West Coast markets continue to show a strong preference for Uptown. They are drawn to its amenity-rich setting, ample nearby luxury retail and residences and growing pool of top-tier buildings. Owners have been able to steadily increase negotiated rent in the last several years and further rent increases are likely in 2018.