• Q2 2020 absorption was 331,867 sq. ft. for Class A space, and 97,145 sq. ft. overall due to negative Class B and C absorption

• Leased sq. ft. was down 42% in Q2 2020 versus last quarter, and net asking rates declined 77-basis-points (bps) to $15.55 per sq. ft.

• Investment sales were slow as buyers, sellers and lenders took a pause to await clarity in the capital markets space, although a significant amount of dry powder remains for real estate