Tech companies have accounted for the majority of the leasing activity this year, but office investors still have some concerns about supply-demand imbalance.

The transaction in Huntersville, which closed on July 5, is the largest financing deal for Trez Forman in North Carolina this year. So far in 2018, Trez Forman has lent approximately $98 million in construction and acquisition financing for North Carolina residential projects.

Meanwhile, the vacancy rate in the District rose to 14% in Q2 -- an increase of 170 basis points (bps) year over year and the city's highest vacancy rate since 2014.