everyone. morning, Thanks, Colin. Good
start year, great operations the another quarter. fantastic delivering had to Our a team
our through on results, want update to walking provide Before I an operating WeWork.
Atlanta As our locations four Charlotte, have feet X.X% a annualized square and representing in rent. XXX,XXX reminder, of we WeWork totaling
each Our modification expected WeWork rent size which At our the at location X/X of we XX,XXX of in square obligation. outcome point, reduced this lease the unchanged. or locations the and the by Atlanta substantially remain Terminus have at restructure feet completed
from complete working XX% at are actively West shortly. in not square yard expect and come Last, electing WeWork where office XXX negotiate Charlotte we we the modification XXX be expect to that week remain our Atlanta, strong. still XX,XXX traditional same in will that users to assume in lease owner with space foot We are are do thing the anticipate will Atlanta at the location substantially to in At WeWork we still modification. a rejected. to pots Interest without Trinity rail and
at As the and a reminder, of XXX XXX credit we leases Western. both have pots supporting meaningful letters
results. to our on Now
first the and total weighted our For XX.X%, were quarter, average percentages end-of-period portfolio occupancy lease and office respectively. XX.X%
percentage Houston. premises essentially quarter, Plaza was the increased largely at to points occupancy Our our relative Apaches basis commencement as by last in Briarlake and increase of expansion XX unchanged lease driven by the was
to slightly NASCAR spaces the recent at soon Looking and occupancy to in move expected of fully lower second we vacated expect forward, the out move XXX long WeWorks be quarter. Charlotte, Southeast with giveback
this expect to square favorable of to feet with we commence year. expansion half leases our balance of set remain of the However, over signed lease in new and flat year relatively during XXXX XXX,XXX expiration the and occupancy the second profile
Importantly, we are projecting than year our end XXXX. higher the occupancy to at year-end
this with square team first years. activity -- completed feet a XXX,XXX weighted represented office quarter level During totaling in XX encouraged highest quarter, term of that of X.X since very XXXX. leases our the average lease our signed I'm
our solid our I representing on also accounted square activity our Further, expansion appear leases office a of footage would of increasingly new broader completed and dynamic this that XX% quarter highlights note XX for in activity an total activity. that expanding presence. confident were basis. believe XX% market this impressive We companies expansion their a alone leases, of a
renewed eight expanded and the XX,XXX contraction. unique among collective and by increased to we with regard yet a rents one quarter, cash expansions of feet, healthy first again quarter recorded only or economics, that this the This second-generation square included net lease X.X%. a expansion customers With us, in
came average the our in level at company's this quarter $XX.X, in third history. net highest quarterly rent Our
defined than what XXXX the higher This which sum quarter, this XXXX. we free quarter $XX.XX, leasing results. with of concessions, full average rent were year that, posted our were $X.XX, as our came at in essentially Despite effective and line improvements rent tenant in in net average
to weeks net the with law lease a Neuhoff office exception the some only again quarterly effective full market XX,XXX our with in in XXXX, included the mixed-use X. our our square was history for average development perspective, rent we Nashville once highest contributed Domain leading activity the XXXX where a which For of At completed level, building in firm. foot
negotiations strong office the professional feet. with additional services XX,XXX We square totaling users are two also in both names lease sector in
leasing Neuhoff be competitive continue by to We market. of and in the national project's position pipeline the encouraged unique the
Peachtree, square At XXX,XXX the we also Promina were signed to feet. redeveloped expansions. to footprint more place Midtown great a early leasing top XX,XXX doubling specifically XX,XXX we XXX,XXX as represents this of Deloitte, square nearly feet a included leasing size and This thrilled redeveloped, in Workday signed of Buckhead building Center of completed and at feet foot expansion Charlotte, XXXX square in we important team Fifth Notably, quarter, of at Uptown. all the retain our talent. XX%.
In which newly Atlanta, Workday complete with Third expansion attract their increasing by than and our important Tower renewal newly an square in In Atlanta quarter, validation an some of to in
shared parking architecture, by timeless bank reminder, to moving occupies has that portfolio. with complement we Charlotte out view a Street acces properties reenergize Based a strengths, upgrades and our property those move plans and bank projects July corporate Fifth amenities Center a are they in try a Sun square presence excellent and at feet prefer on on their the we building has at Bank employees that, directly as locate of the have of across similar and to owned to XXX,XXX to of expiration would this where with successfully XXXX. we As America and probable possible. as and Belt Third that great Uptown completed forward on
has plans about excited positive, market been the the project. this redevelopment in our and regarding for what are we future very holds Feedback
this redevelopment around XX,XXX square This of also Our a well-amenitized newly lifestyle our in of Pulte Tempe with only at redeveloped strong square feet Phoenix a space. office great increases XX,XXX Tempe. including lease excitement our new for project again, Homes the Gateway. Ferry Once of and team completed demand demand leasing Hayden foot quarter, example
the at three underway the is lobbies and entire especially of of continues in the redevelopment hardscape new This a restaurant. landscape, to and well be of amenities transformation Financial. building of now square Hayden addition strong, total stand-alone foot by overall a availability and the created two the departure XXX,XXX One but exterior Ferry SBB Ferry and also Interest in Hayden includes
trends healthy, just the pipeline year as leasing days. leasing and our XX are early we continues is namely Overall, progressed. encouraging. XX by and are increased past encouraged The activity stage seeing we tour pipeline, noticeably initial in to the be to has especially inquiries Having the
in signed in XXXX always, volume As want complete, renewal lower translate term. expirations quarters to into this we through could takes into few likely near to demand have leases. quarter to because so therefore, note any stage that multiple I early volume the also lower typically total given and translate
delivered want quarter, important Per in That new square years. scarcity market is feet closing, already of Colin office the to new on. completions another X.X first of has the of in touched growing past development. several I that JLL, was lowest million volume office dynamic the space the Before reiterate
XX And lowest saw quarter, office XXX,XXX the construction in of square starts nearly than less years. the feet nationally, first we in
the we continue quality demand existing new to supply increase product. for should an see owners of the this in lifestyle office to best prove highest of office product, shutdown beneficial office As very
We momentum start our the talented thank the team and together whose hard to to skill to forward year. us during great want of continuing to look the have the I always, work off balance operations year. a Gregg? As
