• Net absorption was 127,576 sq. ft. in Q4 2019, which helped revive the Southeast submarket’s annual 2019 net absorption to positive 35,417 sq. ft.
  • The average direct asking lease rate increased to $26.50 per sq. ft. FSG, up 1.2% quarter-over-quarter.
  • Direct vacancy decreased by 82 bps from Q3 2019 to 11.4%.
  • Tuscany Village, located in the Greenwood Plaza micromarket, traded hands for $64.9 million, making it the largest investment sale in the submarket this quarter.
  • Leasing activity in the Financial Services sector was driven by Computershare signing a 282,802-sq.-ft. sublease at Millennium Plaza.