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Market Analysis <br /> <br />CBRE VALUATION & ADVISORY SERVICES 18 © 2025 CBRE, INC <br />absorption for next year is projected to be positive 21,630 square feet, indicating an improvement from the <br />current year. <br /> <br /> <br />The submarket is projected to achieve completions of negative 848 square feet at the end of the current <br />year, which indicates a decline from the previous year’s completions of positive 2,500 square feet. The <br />submarket is projecting completions of negative 9,345 square feet for next year, which indicates a decline <br />from the current year. <br />  <br />  <br />City Council 17 – 34 2/17/2026