According to excerpts from the story:
The overall Grand Rapids office leasing market is steadily improving with landlords having to offer fewer concessions and businesses considering leasing as interest rates rise.
"I think the growing demand for medical office space and other service users in medical research related fields over the long term will help grow demand in our market," said Bill McGee, vice president of Wells Fargo Bank NA in Grand Rapids.
Downtown, with more access to new businesses, condo developments, attractions and activities, has turned out to be a draw for new tenants.
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