HSBC signed a 265,000-square-foot in the 65-story office towner, which is currently under construction.

As the vacancy rate moved down, rents also inched up, finishing the first quarter at $6.43 per square foot.

Debt funds, life insurance companies and banks are out-competing the agencies on market-rate multifamily deals.

Iman Brivanlou, managing director of Income Equities at TCW says the firm is bearish on CBD office and CBD residential.

Hudson Pacific will build a 546,000-square-foot class-A tower with a total investment of $340 million to $360 million.

The vacancy rate in the nation's top industrial has fallen to .4%, while the construction pipeline surpasses 30 million square feet.

The developer acquired a 40,888-square-foot land site in Downtown Bellevue for the project.

"The working model of coming in five days a week is something that we aren't going to see for a while in some industries," according to Rob Gilman of Anchin.