•The overall industrial availability rate decreased 40 bps to 10.3% in Q4 2017 – a more active quarter-over-quarter performance compared to the 20 bps decline in availability rate from Q2 2017 to Q3 2017.

•Average asking net rents were flat quarter-over-quarter, decreasing $0.02 down to $7.85 per sq. ft.

•The market saw 45,554 sq. ft. of positive absorption in Q4 2017. YTD absorption reaches 209,771 sq. ft.

•The Burnside Industrial Park currently has 122,871 sq. ft. of industrial space under construction with plans for additional growth in the development to approximately 300,000 sq. ft., suggesting growth and demand for space in the park is on the rise.