• The vacancy rate in the Milwaukee market climbed to 14.8%. The availability rate climbed to 16.8%.
• The average asking lease rate increased $0.09per-sq.-ft. to $19.52 gross.
• The Milwaukee market negatively absorbed 35,089 sq. ft. of space.
• The sales volume of office properties in Q1 2020 dipped to $29.1 million.
• R2 Companies purchased the 84,805-sq.-ft. office building at 222 East Erie Street in Milwaukee from Silver Young Partners for $9.65 million.