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.

Some 8% of the portfolio has been at or near underwater condition up until this point, according to Mizuho REIT analyst Richard Anderson.

The addition of thousands of new residences, as well as new amenities, has changed its East Loop neighborhood.

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%.