Rents are stabilizing toward more sustainable, balanced levels.

Rent growth climbed 19% YoY, according to Cushman & Wakefield; space now fetching $8.36 per square foot.

NIC report shows occupancy up 3.4 percentage points, climbing a fourth straight month.

Refi includes 2 NYC office buildings encompassing 2.2M SF, credit extensions to increase REIT's cash flow.