- Q3 office absorption up 12% quarter-over-quarter, driving 31% y-o-y growth in January-September 2025 net absorption.
- Q3 new supply of 2.3 million sq ft, down q-o-q but pushed nine-month 2025 supply to 10.5 million sq ft.
- Rentals rose 8.0% y-o-y as developers priced new buildings above market rates, especially in prime markets with low vacancy.