Because Stage 1075 was the first for-sale condo product in Mid-Market, there wasn't a benchmark on how a product of this type would do; however, it is 50% sold, pointing to the confidence in the area.

Savvy value-add players are heading to Orange County, where there are ample opportunities for office redevelopment.

Potential sellers in the Midwest have taken a step back and hesitated to put their properties on the market.

A number of well-built and well-located properties have gotten refreshed, and investors see opportunities.