He said that the state doesn't have figures on solar leasing activity but that energy and agriculture agencies are developing information to help farmers make leasing decisions.
The downtown office vacancy rate surprisingly dropped from 5.0 per cent last quarter to 4.4 per cent, however, there was limited leasing activity in the downtown market.
In terms of shielding themselves, airlines have been increasing leasing activity, which does give them more flexibility in terms of capital requirements.
Concerns over cost reduction and a cautious approach by occupiers had a negative impact on real estate leasing activity across key markets during 2012.
Most of the leasing activity came from expansion and renewed optimism in the oil sector, with spinoff growth in service companies and other industries serving this sector.