• 2.0 million sq. ft. of positive net absorption was recorded in Q4 2018, pushing year-end 2018 net absorption to over 4.5 million sq. ft., the highest annual level since 2006.
  • The overall average direct asking lease rate increased 6.4% year-over-year, but dipped by $0.06 this quarter to $8.16 per sq. ft. NNN.
  • 2018 was a record-setting year for overall sales volume, reaching nearly $1.7 billion.
  • Nine buildings comprising 1.5 million sq. ft. delivered in Q4 2018, totaling 35 projects and 5.0  million sq. ft. on the year.