[EastSideHBG]

Cont'd


Absorbtion Rates

Total square footage absorbed in the 1st qtr. Numbers in parenthesis indicate space that became available and was not leased:

Harrisburg
Class A - (6400)
Class B+ - 8,424
Class B - (13,123)
Class C -
Total - (11,099)

East Shore
Class A - (13,200)
Class B+ - 28,100
Class B - 2,700
Class C - (8,400)
Total - 9,200

West Shore
Class A - 17,000
Class B+ - 9,600
Class B - 15,400
Class C - 3,300
Total - 45,300


Space Breakdown

The market report rates office space in the following categories:

• Class A - Buildings are modern, top-of-the-line structures that command the highest rents and attract the most upscale tenants.
• Class B+ - Newer buildings that have been substantially upgraded.
• Class B - Older buildings with some rennovations and upgrades.
• Class C - Older buildings that haven't been upgraded.
• NOTE - The suburbs typically have more Class B+ and Class B space than Class A. Harrisburg has an equal amount of the three classifications.

Damn!!! That makes the competition even crazier I bet. :nuts: