"Despite a record amount of new construction deliveries, vacancy remains at a historic low and well below the national average of 4.2%."

"The overall asking rental rate rose moderately in the first quarter of 2022 to $45.55 per square foot, an increase of 1.6% from the previous year, as rents are expected to increase in 2022"

"Baltimore’s availability rate reached a peak in the first quarter of 2022 at 17.7%, the highest the market has seen in over 5 years"

"Overall availability rate decreased for a fourth straight quarter, dropping 70 basis point to 15.3% in Q1 2022"

"The overall full service asking rent increased to $26.44 per square foot, up by 4.3% compared to last year"

"Nashville office leasing trends remain strong as organizations continue to regain pre-pandemic strategic clarity"

"Under construction and build-to-suit projects for life science tenants have surged resulting in a sharp increase in leasing activity with most space being pre-leased"