• The office market experienced a 2.4% decrease in vacancy quarter-over-quarter from 13.2% in Q1 2018 to 10.8% in Q2 2018. 

• The office market was active in Q2 2018 with 79,716 sq. ft. of positive absorption. 

• Average asking net rents increased by $0.08 per sq. ft. quarter-over-quarter up to $12.46 per sq. ft. in Q2 2018.

• The downtown market saw the majority of activity this quarter as 73,847 sq. ft. of space in the downtown market came off the market. The remaining 5,869 sq. ft. of positive absorption occurred in the suburban market.