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Many are waiting for the right opportunity but it is instrumental to see what their strategies are.
In fact, new office leasing in 5-star buildings has declined.
It's investing in Orange County, Ann Arbor, Boston, Seattle, and Roosevelt Field.
The vibe at national conference last week leaned to the positive for 2024.
The bar is very low as 2023's total was down by 60%.
Austin had the most slippage among six key markets.
Huntsville, Ala., is an interesting case, as are Columbus, Ohio; Bentonville, Ark.; and Knoxville, Tenn.
Portland and Greenville have been identified as outperformers.
Building stronger, personal relationships with underwriters can pay off.
Marcus & Millichap sees strong tenant demand in markets such as Louisville, Seattle-Tacoma, Portland, and Boston.