During Q1 2021, the engineering and manufacturing sector’s leasing accounted for about 18% of the total leasing, up from 11% in Q1 2020. The IT-BPM accounted for about 47% of the total leasing, driving demand. The average deal size in the IT-BPM was about 37,500 square feet. Interestingly, EdTech companies accounted for 7% of the total leasing.

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