- Q1 2020 demonstrated an optimistic start to the year with 60,851 sq. ft. of positive absorption, decreasing the vacancy rate by 20 basis points quarter-over-quarter to 20.3%.

- The demand for move-in ready spaces continued for small to medium sized tenants looking for flexible leases.

- COVID-19's status as a global crisis has slowed tour activity across all industries and has delayed decision making for active tenants in the market.