These are boom times for WeWork. The co-working giant has been scooping up Boston office space at a torrid clip, some 1.5 million square feet in 16 buildings, from downtown towers to Fort Point warehouses. That’s nearly a Hancock Tower of desks that it rents from landlords and then sublets on flexible terms to everyone […]
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Viewing posts from: Downtown Office
Vacancies are low and the construction pipeline is deep this summer in Boston. Business demand focused on urban Boston continues to fuel a prolonged positive cycle. There was 1.5M SF of net tenant commitments in Q2, launching a combined 3.6M SF of office and lab construction for tenants like Amazon, MassMutual, Sanofi and State Street. […]
Read MoreASSIGNMENT: A cool “SoHo like” office building located in Boston’s Midtown/South Station neighborhood experienced its Flagship tenant, over 35,000 SF, go into sudden bankruptcy. The building was going from 100% occupied to possibly 46% vacant overnight. The building was perceived to be a less desirable option due to under improved spaces and new availability of improved […]
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