• Vacancy decreased 10 bps this quarter to 14.7%.
  • Average asking lease rates increased $0.15-per-sq.-ft. to $18.65.
  • New office development continues with 85,000-sq.-ft. Muir Woods Research & Technology Center breaking ground in Wauwatosa in August.
  • HSA Commercial plans to add 120,000-sq.-ft. office building to the Mayfair Collection.