Southeast

“The nature of work is changing; today's employees require flexibility and inspiration within their workday routines,” says Mark Vollbrecht, principal for ZRG.

"We've had our eye this market for quite some time, and our patience has paid off."

VyStar Credit Union approached the ownership about its interest in the building at 76 S. Laura St. earlier this year and a purchase and sale agreement was signed within three weeks of the initial meeting between the buyer and seller.

It is a portfolio-wide program that offers flexible leasing terms.

It will acquire middle market, multi-tenant office buildings located in urban infill and suburban locations in non-gateway US markets.

HFF officials state that the six-property portfolio is 100% leased on a triple-net basis.

In our exclusive audio interview, NKF's research director Marianne Skorupski says rising office vacancy rates could be a sign that the expansion mode has ended, or at least is taking a breather.

“We aggressively seek opportunities like this one where both the property and the market are poised for growth."