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While year-to-date deal activity across all the top markets diminished amid the COVID-19 crisis, Dallas simply dropped less than other heavyweight markets such as Manhattan and Los Angeles.
Even with some challenges, companies may find that market conditions and availability of sublease space could provide opportunities to elevate and explore future options at a reduced overall investment.
At a sale price of $275 million, Cupertino-based developer Hunter Properties recently disposed of Phase I of Coleman Highline, a 1.75 million-square-foot mixed-use campus.