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Hines executive Colin Shepard speaks with's AlysonGrala about the office market during Real Estate 2010. Watch the full video onGlobeSt.TV.

A lot of buildings that had a significantly greater debt,Shepherd said, were not in a position where they could not replacedebt when it came due.


Recently, for tremendous product, Shepherd said, "we have seencap rates drop as low as 7 again," which he says is an indicationthat there is capital again. "There is capital on the sidelinesthat wants to get into the market and there are very few deals thatare transacting. There are very few landlords that are willing tosell in this marketplace, which has oddly enough driven to thescarcity of product."

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Natalie Dolce

Natalie Dolce, editor-in-chief of and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel,, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including and Museums New York magazine.