He thinks it is partially due to consumers overbuying out of fear.
VOA: standard.2010.05.08
With changes in reimbursement, healthcare reform and an effective competitor campaign against overbuying technology, buyers had indeed changed, much faster than anyone suspected.
It is unlikely that this deal will start a new round of overbuying in the office market, but it is an extremely welcome marker in the struggle to resume activity in the real estate capital markets.