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ngka Investments will own one-third of 570 Fifth Ave., a one-million-square foot building that Extell plans to develop.
The deal highlights the growing importance of data to decision-makers.
Growing companies focused on AI were particularly strong in collaborative office formats.
Miami was one of the priciest markets for industrial construction in the US.
Manhattan office leasing velocity totaled 8.7 million square feet.
The nation's top cities averaged just 4,600 new jobs per market last month
Prices will stay high and could go higher, while inventory remains scarce.
Traffic congestion is climbing in most markets as employers urge workers back to the office.
31 large institutions withstood a hypothetical 40% drop in valuations.
An influx of supply impacted Florida rents, while New York markets continued double-digit growth.