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Flex providers, relocations from Manhattan drive Brooklyn leasing activity

• Flexible space providers have accounted for nearly 1/3 of all new, private sector leasing activity since 2015.

• With new product coming online in droves in Brooklyn, Manhattan firms have increasingly found value in the office opportunities afforded by New York’s most populated borough.

• Impressively, Brooklyn has garnered significant interest from out of market firms – a testament to the borough’s strong talent pool and increasingly popular Brooklyn brand.

Source: JLL Research

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