• Monthly leasing activity totaled 2.75 million sq. ft., 87% above the five-year monthly average of 1.47 million sq. ft.
  • Year-to-date leasing activity was down 8% compared to the same period last year.
  • Renewals totaled 104,000 sq. ft. in November, bringing the year-to-date total to 4.34 million sq. ft.
  • The availability rate was down 20 bps month-over-month but was up 60 bps year-over-year.
  • Net absorption was positive 440,000 sq. ft. in November, bringing the year-to-date total to negative 2.89 million sq. ft.