Office

The trajectory is expected to continue for the next two years.

This mark's OpenAI's first office lease in the city.

With vacancy rate highest since 2012, campus 90% leased fetches twice the average price.

"Green shoots appear to be emerging," according to Colliers.

The plan is to convert the asset into up to 600 apartment units.

It is the second largest office deal in Florida history.

The bank is also adding 26,000 square feet of space.

An increase in transaction volume would confirm the industry's comfort level with current pricing.