Water Street and Midtown are both set to deliver in Q1 2021 bringing 557,000 sq. ft. online.
Asking rates have remained stable; however, there has been an increase in TI allowances and rent abatement.
The I-75 corridor had a bump in activity as vacancy decrease 7.7% year-over-year and suburban office gained momentum through the pandemic.
East Heights Union (150,000 sq. ft.) delivered Q3 and West Heights Union (150,000 sq. ft.) will deliver Q4 2020.