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The plan is to transform the latest office property into 430 rental units.
While there were some positive signs, unknowns on federal policies paint a cloudy picture.
The developer is finding success in the Sunshine State, currently.
The fund aims to capitalize on low supply rental areas that are in high demand.
Additionally, rents are up more than seven percent year-over-year.
The financial services giant is planning to move to a new 650,000 square foot office.
The 36-story building contains a mix of hotel rooms, medical clinics, and staff residences.
However, leasing is picking up momentum.
It would also include more than 350,000 square feet of facilities.
Major tenants, including Southeast Toyota left vacant space on the market.