Landlords like to have leases signed in the spring, when they can command the highest rent because so many people are moving for work or school.
"The buildings that are commanding the highest rents are the best-located, best-quality buildings".
The Gherkin illustrated how skyscrapers tend to be filled with tenants: just like their construction, it is often from the ground up, with the top floors commanding the highest rents.
The Westside, where those those and other big sales took place, is the L.A. area's core market for investment, according to CBRE, in part because it consistently commands the highest rents in the region.
In new luxury rental projects, said Brian G. Edwards, the director of leasing at the Halstead Property Company, another Manhattan brokerage, developers must "include such design features as well as more services and amenities to meet consumer demand and to command the high rents in today's market".
But the Meadowlands commands among the highest rents and has one of the lowest vacancy rates in the 11-county northern and central New Jersey industrial market, which is itself "experiencing unprecedented levels of leasing activity," according to Grubb & Ellis, the commercial brokerage and real estate services firm.
In Archstone, the buyers are getting a company that commands the highest rent among large-scale apartment companies, according to Green Street Advisors, of Newport Beach, Calif.
The tower, which was designed by Gordon Bunshaft with, Mr. Solow says, his help, commands some of the highest rents in the city and offers breathtaking views.
Sheldon H. Solow's swooping 50-story office tower on West 57th Street with the giant red "9" in front is half empty, a stunning development for a building that commands some of the highest rents in Manhattan.
