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Developers have until Dec. 2025 to reach deal for mixed-use mega-project.

South Florida is 20 points ahead of the national average in office return rates.

The company is planning to invest $5 billion.

Steady or flat values and transaction volumes are expected for rest of 2024.

Some are already jumping into opportunities while others will wait and see.

And yet many have kept up with rising rents because of increases in household income.

Rents in midsize markets surge due to high capex and borrowing costs.

The buyer's long-standing relationship with this lender allowed them to move quickly.