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$11B total in H1 2023 still outpaces other urban markets.
The average premium renewal rate change increased quarter over quarter at 9.77%.
But investors remain keen on life sciences inventory as well as medical offices.
Florida and California are facing challenges while the Midwest and Northeast experience strong growth.
June was the fifth consecutive month of annual rent growth of over 7%.
It displaced Midwestern Kansas City, Mo., from the top perch.
And they exceed 12% than the costs experienced by single-family home renters.
St. Louis and Madison also move up, according to CBRE, as top five markets the same as a year ago.
Federal agencies have long struggled to determine how much office space they really need.
Pre-pandemic, workers filled 80% capacity 4 days a week, report says.