In the 10 biggest New York office deals of 2022, tenants got 7% of the lease term rent-free, compared with 3% in 2019, according to CompStak.

CompStak has very accurate information and is able to share specifics on each deal, unlike some other data providers that anonymize and average it. The data they have is so valuable that it might be able to be the basis for a lot of other tools.

CompStak’s more than 35,000 members deliver authenticated data encompassing all of the U.S. for CRE professionals that include appraisers, brokers and investors.

The banks’ troubles could add hundreds of thousands of square feet to markets already struggling with high vacancies, according to a report from CompStak that tracked the banks’ office footprints.

In 2021, tech firms represented 6.5 percent of South Florida office deals, and 11 percent of office square footage leased, according to CompStak.

There’s no such thing as a free lunch, as most everyone knows. You have to pay for what you want. In the office leasing work, That is apparently also true according to a CompStak analysis of lease transaction data, as the cost of concessions is going up.