"There are fewer opportunities and fewer buildings that can meet the market," said Mark Weiss of Cushman & Wakefield. "We went from weak market to a tight market within a year. Premium buildings and premium locations have great pricing power."
Adam Henick reflects on the leasing frenzy, stating, "In one fell swoop all that supply was taken off the market because Chobani leased the entire building," which exemplifies the increasing competition for prime office spaces.
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