• Net absorption was negative for the first time since Q4 2009, driven by 257,387 sq. ft. of negative net absorption in the suburbs.
  • Vacancy increased by 1.0% quarter-over-quarter, the largest jump since 2009.
  • At the end of Q3 2020, office space under construction totalled just under 2.3 million square feet.
  • Available sublease space increased 11.2% quarter-over quarter.