"We expect to see activity climb during 2005," the brokers note in their March Market Update report. The 117 tenants are seeking 1.58 million sf of office space. Two of them are seeking a total of 245,000 sf. One tenant is in the market for 50,000 sf and 14 are seeking between 24,000 sf and 49,999 sf for a total of 489,000. A total of 31 tenants are seeking between 10,000 sf and 24,999 sf for a total of 480,500 sf. There are 23 tenants seeking between 5,000 and 9,999 sf for a total of 155,897 sf.
But the largest number of tenants are those seeking less than 5,000 sf. There are 46 small tenants in the marketplace, who together are in the market for 127,282 sf.
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