• Relatively strong leasing activity from fitness, furniture, restaurant, and discount retailers pushed demand positive with 246,108 sq. ft. of net absorption in 2019.
  • The overall vacancy rate was 11.0% for H2 2019, a decrease of 120 basis points from the same time period in 2018.
  • The overall asking lease rate remained unchanged from H1 2019 at $14.00 per sq. ft./NNN/per year.