A surge in large leases of 100,000 sq. ft. or more during the second half of the year boosted positive net absorption and reduced available space options in .
experienced another solid quarter of activity during Q4 2017, with year-end total net absorption reaching 926,448 sq. ft., the highest annual total since 2011.
Construction completions, large lease transactions and healthy market activity propelled office market to a historic close in 2017.
Persistent deal flow and an increase in expansionary tenants have emerged as distinct trends in the market.
Demand from tenants in the I-680 Corridor increased to 2.3 million sq. ft. in Q4 2017, as larger blocks of space and competitively low rents draws attention.