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<br />Commerelal Real Estate by Sector
<br />1.Office
<br />Demand for office space is stronger than nationwide as this area hasa faster absorption ofoffiCt, space. As
<br />a result, rent pricesrosefas[er than nationwide and
<br />vacancyrate is lower inthisarea.
<br />Net AbeorptlmW Net Ahawptlm Sits
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<br />ms Q5-377,59B-606.496
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<br />i1.6%
<br />lafb Q3 {91,049-7,CC6,978
<br />3D% $26
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<br />696,085 $13584M
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<br />2A23O1 203,686.024 -480,685
<br />-783.947 $316MM
<br />91%
<br />2. Muldfarril
<br />Remand for multifamily space is stronger than nationwide asthfs area has a faster absorption of
<br />multifamily space. As a result, rent prloes rose faster than nationwide and Vacancy rate is lower in this area.
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<br />252a03 3,239 10,931 ll $1,515 $1,499 75%
<br />2o:o Qa 2,025 7;;57 ILI% $1,49B $1,479 7S%
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<br />2 W 262,912 2,945 12,003 6.6%
<br />WtUQ3 270,009 3,700 9,435 6396
<br />I
<br />& Retail
<br />Demand for recall space is etrongar than nationwide as this area has a faster absorption of retail space. As a
<br />result, rent prices rose faster than nationwide and vacancy rate is lower in this area.
<br />Nat AbeorptlallW Net AbeOrpYWWU MerbtRentamwtA MMlat Ra KW Vaunry Rob
<br />MOMha aMoreaa
<br />2 W-125.491 915549 2,5% $20 2.696
<br />]4393 694,660 831,178 4,l% $19 3,0%
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<br />2.o2aQ3 209,115290 7A% $251335M $17B
<br />2 43 20B,983,836 7.4% $215.64M $97
<br />,$, Industrial
<br />lDamand for industrial space is stronger than nationwide as this area has a faster absorption cf industrial
<br />;& —m. As a result, rent prices rose faster than nationwide abd vacancy rate is 1— in this area.
<br />NM:Abaept SF Nat Abewptrd5F4 MArlwt Rard CmNAb Harlot R.*W rirncy Rde
<br />Morrrlra C
<br />leae� 1,141,846 6,097,044 7.6% $9 43%
<br />2A23Q3 550,450 3,869,543 B,4% $8 3.9%
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<br />Amazon.com Services LLC Confidential Page 11 of 31
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