Q4 2020 Erhardt Land Report

Office Market Breakdown

Class C 270,727

Major Leases Quarter Leased Building Name

Class A, 1,461,477

Leased SF

Tenant Name

Deal Type

1Q2021

100 Carillon Parkway

General Dynamics

77,955

New

Baypoint Commerce Center/805 Executive Center Drive W CrossBorder Solutions

Class C, 62,111

1Q2021

31,322

Sublease

1Q2021

15950 Bay Vista Drive

Vology

11,046

Sublease

Class B, 494,014

Overall Leasing Activity and Absorption Overall Leasing Activity and Absorption

Overall Direct Vacancy and Rental Rates

-100,000 -50,000 0 50,000 100,000 150,000 200,000 250,000 300,000 -100,000 -50,000 0 50,000 100,000 150,000 200,000 250,000 300,000

$10.00 $15.00 $20.00 $25.00 $30.00 $35.00

10.0% 12.0% 14.0% 16.0% 18.0%

0.0% 2.0% 4.0% 6.0% 8.0%

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD

$0.00 $5.00

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1Q21

Direct Net Asking Rental Rate

Direct Vacancy Rate

Leasing Activity

Direct Net Absorption

Leasing Activity

Direct Net Absorption

42 Cushman & Wakefield