Regional availability continues to increase.
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Market fundamentals tighten, but options for tenants remain plentiful in most areas.
Pockets of leasing activity push availability downward.
"Tenants active in Suburban Chicago, yet overall market fundamentals remain soft. "
"Availability tightens, even as leasing velocity slows. "
"Tightening availability pushes development pipeline forward."
"Availability continues to decline pushing asking rents up higher. "
"Rents hold fairly flat over the year, ranges vary greatly by submarket. "
"Activity in Northern Virginia outpaces the District; construction tepid despite demand for new space. "
"Overall fundamentals shift in favor of tenants; rent growth flattens over the quarter while availability creeps up."
"Demand for top-tier space keeps availability stable, despite a robust development pipeline. "
"Flight to quality persists as tenants demand top-tier space and amenities. "
"Large tenants are making moves as concessions reach record levels. "