The median cap rate for office buildings equals $28\mathrm{.}5\%$ in Midtown Manhattan and $31\mathrm{.}9\%$ in Downtown Manhattan.

One reason for this difference could be investors expect that Midtown office buildings $\_\_\_\_\_\_\_\_\_\_$ Downtown office buildings in the future.

will generate more stable NOI than

will have higher vacancy rates than

will be shut down sooner than

will earn less NOI than