• Vacancy increased 10 basis points this quarter to 14.0%.
  • Average asking lease rates decreased $0.14 per-sq.-ft. from $18.68 to $18.54.
  • Downtown Milwaukee continues to be shaped with new, large construction projects, highlighted by the groundbreaking of the $132.6 million BMO Tower.
  • There continues to be a large and active pipeline of potential users in the Milwaukee market, particularly for spaces downtown.