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Class A and trophy buildings comprised more than three-fourths of the leases in 2024.
The projected slowdown comes as more supply enters the market.
It has broken ground on a $2 billion biologics manufacturing facility in Wilson, N.C.
The luxury brand might be willing to pay for 65,000 square feet of retail space.
A net of 28 residents are moving into the metro area every day.
The most favorable rates can be found on upscale finishes and new Class As.
A spokesperson expects a deal to close in April after the loan hit special servicing last month.
The property was bought at a $105 million discount.
CVS, Walgreens, and Big Lots have been closing locations in the city.
The city is expected to be among the top three markets for rent growth this year.