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Real estate investment money is once again looking for opportunity, and uptown buildings like the 400 S. Tryon tower (below) could come into play.
 
The California Public Employees? Retirement System, for example, recently announced a $16B ?back to basics? investment strategy for income-generating properties. But owners of buildings uptown (yes, ?uptown,? it's an elevation thing), may decide to hold rather than sell in hopes of a better market later, JLL local analystKay Gilreath tells us. CBRE's Ryan Clutter adds that the driver will be whether current owners feel they can get a good return on their original investment.

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