• The overall year-to-date absorption activity is 30.7% greater than the prior year.
  • Vacancy has steadily declined since 2008.
  • The direct average asking lease rate stood at $29.90 per sq. ft., increasing 5.4% from Q2 2018.
  • 30 buildings are under construction at the close of Q2 2019, totaling 4,902,396 sq. ft.