Investors have increased their spending here by 50 percent in that time
frame, with more than $ 958 million in office sales transactions this year, including the $ 372.5 million sale of US Bancorp Tower to TPF Equity REIT at a price of $ 338 per sq. ft. Almost 50 percent of the 1.5 million sq. ft. under
construction is pre-leased, and tenants looking for large blocks of space are being forced to wait
until next year.