• Both multi-tenant and combined (single-tenant and multi-tenant) vacancy rates decreased to 5.9% and 4.7%, respectively.
  • The average asking lease rate increased to $13.39 per-sq.-ft. NNN for multi-tenant properties, and increased to $13.22 per-sq.-ft. NNN for the overall market.
  • Retail sales were $52.4 million in Q2 2018.
  • The largest transaction of the quarter was the sale of the 61,000-sq.-ft. Pick ‘n Save at 2538 Ironwood Drive in Sun Prairie for $12.3 million.