|“I guess I can describe it as the Tale of Two Cities,”
Greg says. (So, long and a little confusing?) The downtown/suburb
divide has caught his eye, though he admits "worst" isn't the word he'd
use. The CBD has been a strong performer since pulling out of the recession, with occupancy tightening
and rents on the increase faster than in the suburbs ($40/SF-plus for
prime Class-A space). And CTF has been responsible for some huge deals this year, including MarkWest Energy Partners’ 215k SF lease for the entire Tower I at Park Central (broker: CT's Doug Wulf). But Greg questions whether companies will pick up activity in the fall, given the amount of uncertainty across the US. “With the election being in November, I think a lot of tenants are in a wait-and-see mode,” he says.