Holding Steady

As we head into the fall, the North I-680 Corridor's inventory continues to be limited. The overall vacancy rate decreased to 8.1 percent in the current quarter, from 8.6 percent in the previous quarter. Rental rates dropped slightly to $0.62 per square foot. During the quarter, there was 93,517 square feet of absorption. Four sales occurred during the quarter, which is an increase from the previous period.