• Absorption in 2020 30% higher than in 2019, with Q4 posting 3.7 million sq. ft. of positive net absorption
  • Expansions to existing sites dominate transactions in Q4, with 2.5 million sq. ft. of gross leasing activity in Q4 being attributed to build-to-suit pursuits
  • Population boom continues as area sees out of market companies and people relocating due to a business friendly environment, proximity to a major interstate (I-85), favorable cost of living