Key takeaways

  • A large mixed use business park comprised of five buildings which can be used as office or retail came on the market
  • Due to an abundant addition of office space, the Airport submarket saw a rise in vacancy from 4.71% to 23.24%
  • Retailer's focus continues to be on smaller stores that are closer to their customers
  • Industrial space remains in high demand and rents are still climbing due to the lack of available inventory