A surge in large block leasing activity led to record year

  • Office tenants signed six leases greater than 100,000 sq. ft. in Q4 2018, bringing the annual total of large block leasing to 26 deals for 7.1 million sq. ft. These large deals accounted for more than half of the 13.8 million sq. ft. leased in 2018, which was a 20-year record high for gross leasing activity.