• Net absorption was negative for the second straight quarter, driven by 206,422 sq. ft. of negative net absorption in the suburbs.

• Vacancy increased by 10 bps, quarter-over-quarter, ticking up to 14.6%.

• At the end of Q4 2020, office space under construction totalled just over 2.0 million square feet.

• Available sublease space increased 35.1%, quarter-over quarter.