Average transaction size by flex space operators doubled since 2015

Flex space operators have nearly doubled average transaction size, reaching 36,590 sq ft in H1 2024. Post-pandemic demand shift to large conglomerates fueled growth, adding 27 million sq ft from 2020-2023. Flex stock hit 67 million sq ft in H1 2024, poised to exceed 100 million by 2026.