Highs & Lows
After experiencing a murky third quarter that dampened positive expectations, the fourth quarter came to a bit of a rescue to finish
the year on a high note. The overall vacancy rate decreased to 19 percent, a decrease of 60 basis points from the third quarter.
Overall weighted asking rents slightly decreased this quarter. Absorption ended the year with positive 89,521 square feet as leasing
activity finished strong.
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