• Net absorption has remained positive since Q4 2009, and reached 369,668 sq. ft. for the quarter, the highest total since Q1 2018.
  • In the past five years, vacancy has declined by 730 basis points, falling from 21.5% to 14.2%, and availability has declined by 560 basis points, from 25.0% to 19.4%.
  • At the end of Q3 2019, office space under construction totalled just under 2.5 million square feet.