Brokers report that much of the buying is from foreign investors.
And brokers report the tenants are doing so with a great deal more enthusiasm.
Even so, brokers report that buyers do seem to have become more selective.
Indeed, several brokers report heightened activity, primarily from new law firms and financial services companies.
In another shift, brokers report that the profile of the $5 million buyer has changed from the 1980's.
Suburban brokers report some evidence of a pick-up in sales over the last two months.
Many brokers report that prices are, on average, higher than they were a few years ago, at the depth of the real estate recession.
Brokers report sizable interest from law firms and others looking to trade up neighborhoods.
Brokers report that the worst of those fears have subsided.
Many brokers report that investment capital, both foreign and domestic, is dribbling back into the market.