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Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
The brand, which operates TurboTax and Credit Karma, will take floors five through seven.
The building has been central to a hotly contested battle between USIP and DOGE.
Already, it has paid back one of the property's $168 million loan.
The city also fueled its strongest leasing first quarter since 2018.
Some property types are facing complex challenges, says Crexi.
Newmark looks at what sets these submarkets apart at each stage of growth.
The anticipated move led to a KBRA downgrade.
With trades seeing discounts of up to 75%, sellers slash asking prices for prime, but empty properties.
Leasing is up 10% from the average between 2015 and 2019 in the submarket.
The property type might not be as flashy as Class As but they can work.