Posted at 1:50 p.m., Thursday, January 25, 2007
Downtown office space got pricier in 4th quarter
Advertiser Staff
Downtown Honolulu office space got pricier during the fourth quarter, in keeping with national trends of lower vacancies translating into higher prices.A report by Colliers International found that rates averaged $34.20 in downtown during 2006's last three months, or 8.6 percent higher than a year earlier. Nationally, Colliers reported that downtown office rents rose 6.4 percent during the fourth quarter.
