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Significant liquidity is evident in the debt markets, particularly for well-located quality assets such as class-A office, 55 Green, which had multiple groups providing compelling proposals to finance the asset.
Despite a challenged submarket with total availability increasing past 30% during the first quarter, leasing activity for One Park 10 has been strong and recent transactions have taken occupancy to more than 65%.
The top-tier office markets were off to a slow start this year, wrapping up what looks like one of the worst quarters of the last five years as fewer than 30 office deals closed across the top four markets.
“Recognize what you're good at and continue to utilize those unique assets toward pursuing your goals.” That was one of the many pieces of advice we received from the women we recently <b>EXCLUSIVELY</b> chatted with at JLL, who didn't always know the CRE industry was right for them.