• The average asking lease price closed at US$4.71/Sq. Ft./Year, US$0.04 above Q4 2019.
  • The construction indicator is at its highest point in the last three years with 765 thousand sq. ft. due to five speculative spaces in development.
  • The vacancy rate closed at 1.7%, which is 230 basis points less than in the same period of the previous year (4.0%).