Greenwich rents creep up on city.The balance between demand and corporate givebacks Givebacks is a union term for the reduction or elimination of previously won benefits. was good news for Fairfield property owners in the first quarter of 2006, infusing them with a confidence that then translated into higher asking rents, says CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) . In total, average asking rent countywide coun·ty·wide adv. & adj. Throughout a whole county: found at locations countywide; a countywide search. Adj. 1. rose $1.14 per s/f or 4% from last year to $28.72 per s/f. In areas with restricted availability like Greenwich, however, asking rent is rapidly approaching Manhattan pricing. Space in properties around the train station, in fact. goes for upwards of $80.00 per s/f--for sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. space. |
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