• Driven by occupancy in newly constructed space, positive net absorption of 593,000 sq. ft. was posted in Q3 2019.
  • The average direct asking lease rate increased 3.3% year-over-year to $28.80 per sq. ft. FSG.
  • Direct vacancy decreased 128 bps year-over-year to 11.5%.
  • Investment sales volume totaled $781.6 million in Q3 2019, bringing the year-to-date volume to nearly $2.4 billion.