The site is in a market that's offering constrained supply.

Currently, the firm subleases space at the location.

These are all taken into account in making decisions on space occupancy, with some help from AI.

Availability in the submarket is at its lowest levels since 2018.

Some are seeking opportunities amid a challenging environment.

The high supply is also weighing on occupancy and demand.

The property recently converted office space into more apartments.

But the market is offering strong value to tenants.