Transit Hub Perspective Summer 2018 | Page 19

19 Class A market year-over-year comparison Class A Average Asking Rental Rates 2016 vs 2017 Class A Vacancy Rates 2016 vs 2017 2016 2016 $15 $15 Urban Transit Hubs Suburban Transit Hubs 2016 2016 Suburban NJ 2017 2017 $20 $20 2017 2017 Overall Transit Hub Market $25 $25 17.2% 10% 10% 15% 15% $35 $35 $30 $30 20% 20% $40 $40 28.4% 25% 25% $45 $45 30% 30%