• The fourth quarter’s 13.9% vacancy rate dropped 20 basis point (bps) from the previous quarter and decreased 220 bps year-over-year.
  • Net absorption for Q4 2017 was 44,862 sq. ft.
  • The average asking rate for Q4 2017 was $19.09 per sq. ft.
  • Year-to-date capital flows have been dominated by Public/REITs (43%).