Slow like a tortoise goes the market for first quarter 2019. Humbly, Q1 2019 mimics the leasing activity of Q1 2018 as competition for higher quality and flex industrial buildings has stiffened. Rents are now the highest they have ever been for industrial buildings in the past 10 years. Year over year rent growth is 5%. Market sale price per s.f. has reached an all-time high at $192 per foot. Cap rates are also the lowest the market has ever seen. In addition, this year is proving to be on fire with sales volume as Q1 2019 reached $5.2B just shy of last quarter’s $5.3B. This quarter, smaller buildings asked higher price per s.f.