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Over the past few years, deals completed greater the 50,000sf have landed as follows:
2008 – 22 deals completed, 14 went to Class A (63.6%)
2009 – 18 deals completed, 13 went to Class A (72.2%)
2010 – 14 deals completed, 10 went to Class A (71.4%)
2011 YTD – 10 deals competed, 6 went to Class A (60.0%)
If activity stays up, the Class A inventory could tighten quickly, which will bring hope to Class B and C buildings.
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