Cbre Group Inc · NYSE:CBRE
Cbre — Q3 2026 Earnings Presentation
13 slides from Cbre's earnings presentation, 2026
Slide 1: Strong F&B and Apparel Demand Tighten Manhattan's Retail Market
FIGURES | MANHATTAN RETAIL | Q3 2026 FIGURES | MANHATTAN RETAIL | Q3 2026 Strong F&B and Apparel Demand Tighten Manhattan’s Retail Market 81.9 4.8% $51.4B 278.4K $707 Consumer Confidence NYC Unemployment NYC Quarterly Retail Sales NYC Retail Job Count PSF Average Prime Corridor Asking Rent Note: Arr
Slide 2: Economic Overview and Leasing Activity
FIGURES | MANHATTAN RETAIL | Q3 2026 FIGURE 1: Seasonally Adjusted Total Employment Economic Overview 5,000 4,862 Notable challenges persist, from elevated energy costs and interest rates to lingering 4,683 4,800 geopolitical and technological uncertainties. Despite these concerns, the U.S. economy
Slide 3: Leasing Activity by Neighborhood
FIGURES | MANHATTAN RETAIL | Q3 2026 In Q3, the Upper East Side led Manhattan neighborhoods in both leasing volume and transaction FIGURE 3: Four-Quarter Aggregate Leasing Velocity4 count, with nearly 97,000 sq. ft. leased across 15 deals. Increased activity along 86th Street and Second Avenue drove
Slide 4: Apparel Activity and Top Lease Transactions
FIGURES | MANHATTAN RETAIL | Q3 2026 The apparel sector was also active in Q3, completing 16 transactions totaling more than 92,000 FIGURE 6: Most Active Neighborhoods by Sq. Ft. Leased | Q3 2026 sq. ft. This sector was bolstered by the aforementioned TJ Maxx deal at 150 East 86th Street. Neighborho
Slide 5: Availability
FIGURES | MANHATTAN RETAIL | Q3 2026 FIGURE 8: Count of Direct Ground-Floor Availabilities Availability Direct ground-floor availability across Manhattan’s 16 premier shopping corridors declined 11% 300 # of Direct Ground Floor 282 quarter-over-quarter and 12% year-over-year to 151 spaces. Availabil
Slide 6: Average Asking Rent
FIGURES | MANHATTAN RETAIL | Q3 2026 bps year-over-year to 13.6%. The quarterly decrease was driven largely by tightening availability FIGURE 10: Year-over-Year Asking Rent Change in SoHo and Upper Madison Avenue, two of the market’s most active corridors. Along Spring Street in SoHo, the rate fell
Slide 7: Taking Rent Index
FIGURES | MANHATTAN RETAIL | Q3 2026 FIGURE 12: Taking Rent Index (Taking/Asking %) Taking Rent Index The taking rent index—which measures achieved rents relative to asking rents across 90% 85.6% Manhattan’s 16 prime retail corridors—increased 160 bps in Q3 2026 to 85.6%, up 430 bps from 83.8% 81.3%
Slide 8: Average Asking Rents by Corridor
FIGURES | MANHATTAN RETAIL | Q3 2026 FIGURE 13: Average Asking Rents* | Q3 2026 Total direct ground floor Quarter-over- Year-over-year Neighborhood Corridor Parameters Q3 2026 Q2 2026 Q3 2025 availabilities quarter change change Q3 2026 Upper West Side Broadway | 72nd to 86th Streets 14 $250 $248 0.
Slide 9: Retail Corridors
FIGURES | MANHATTAN RETAIL | Q3 2026 Retail Corridors Overall Aggregate Average Asking: $559 PSF (2.3%) | Overall Average Asking Rent: $707 PSF +4.2% UPPER EAST SIDE MIDTOWN HERALD SQUARE FLATIRON SOHO SOHO DOWNTOWN T H I RD A V E NU E F I F T H A V E NU E 3 4 T H ST RE E T B RO AD W AY P RI NCE ST
Slide 10: Retail Corridors: Midtown
FIGURES | MANHATTAN RETAIL | Q3 2026 Retail Corridors: Midtown Overall Average Asking Rent: $900 PSF (0.4%) UPPER EAST SIDE MIDTOWN MIDTOWN HERALD SQUARE T H I RD A V E NU E F I F T H A V E NU E F I F T H A V E NU E 3 4 T H ST RE E T 72nd Street to 60th Street 59th Street to 49th Street 49th Street
Slide 11: Retail Corridors: Midtown South
FIGURES | MANHATTAN RETAIL | Q3 2026 Retail Corridors: Midtown South Overall Average Asking Rent: $599 PSF +11.4% Park Avenue FLATIRON Square Union BRO A D W A Y SOHO 23rd Street to 14th Street P RI NCE ST RE E T Q3 Rent: $355 PSF Broadway to W. Broadway Square Park Madison Q-on-Q Change: (4.2%) Q3
Slide 12: Retail Corridors: Downtown
FIGURES | MANHATTAN RETAIL | Q3 2026 Retail Corridors: Downtown Overall Average Asking Rent: $218 PSF (2.7%) DOWNTOWN B RO AD W AY Chambers Street to Battery Park Q3 Rent: $218 PSF Q-on-Q Change: (2.7%) South Ferry Station City Hall Trinity Pl. Trade Center One World Brookfield Place . Source: CBRE
Slide 13: Market Area Overview Definitions
FIGURES | MANHATTAN RETAIL | Q3 2026 Market Area Overview Definitions Definitions Availability: Direct space that is actively marketed; includes spaces for immediate and future occupancy. Taking Rent Index: Percentage of direct ground floor asking rents achieved. Quarterly totals reflect the quarter