May recorded 723,000 sq. ft. in leasing activity, bringing the year-to-date total to 1.93 million sq. ft.

Vacancy remained at 20.9% while availability increased by 30 basis points (bps) to 27.7%.

Tenant demand increased by over 625,000 sq. ft. with 25 additional tenants seeking space in preparation for a statewide reopening on June 15.