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CRE participants signal increased retail development, while office development is flat and industrial takes a pause.
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.
The $215M price is a 66% discount of the appraised value in 2020.
You may find yourself having to change over the software you depend on.
It features 893,000 square feet of space.