North Fulton's vacancy rate dropped to 26.4%, its first decline since Q3 2023, despite remaining near a high level. Limited new supply and efforts to revitalize assets are expected to further reduce vacancies. Leasing slowed in Q2, with a 10% drop in the first half compared to last year, but recent deals suggest occupancy will rise in the latter half. Key leases include Boehringer Ingelheim, Kuros Biosciences, and ShipXpress.
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