Struggles to secure financing in the lending market have the developer reconsidering.

Also, vacancy at the end of the year fell significantly to 4.2 percent.

Other categories saw modest changes for the most part.

The developer agreed to purchase the Netflix-occuppied property for $38 million.

It comes after the loan defaulted in November.

Rents only grew modestly — but it's significant when put in a broader light.

The company hopes to add more than 1.3 million SF of office and retail to its portfolio.

Vacancies have dipped by 260,015 square feet year-over-year in 2024.