NOT FOR REPRINT
Page Printed from: globest.com/markets/southeast/?page=41
Sign In To follow
Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The duo is planning to modernize the building.
Plus, there's a preferred equity investment worth $43 million.
It's a roller coaster of data to follow, with 0.2% month-over-month growth and a 0.8% drop year over year.
Demand for office space has grown for over 12 months, ending the three months through June up 17% year-over-year.
Law firms and financial sector companies dominated "high-rise" leases and paid highest rents.
"Equity levels piggybacked on some of the biggest home-price spikes we've seen in recent years."
It could be even worse if years before 2012 were included.
Tech investors drove down share prices because they don't like longer-term horizons on data centers.
South Florida and Tampa Bay are its biggest focuses.
You may find yourself having to change over the software you depend on.