• Q4 2019 closed with net absorption of 13,470 sq. ft. and total 2019 net absorption of 98,777 sq. ft.
  • The quarter registered nearly 60 new leases totaling 194,500 sq. ft. of gross absorption.
  • The vacancy rate of 14.1% remained unchanged compared to Q3 2019.
  • The market-wide asking rate declined by $0.44 per sq. ft. quarter-over-quarter but increased by $0.06 per sq. ft. year-over-year.