Predictions a few years ago all pointed to the decline of the office market, stating the reshaping of the American workplace and dramatic technological changes as the main causes. However, the exact opposite seems to be occurring as office vacancies hit record lows and overtake the last office peak that was reached in 2001. The […]
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Viewing posts from: Boston Office Space
Boston’s office market in particular is one of the country’s strongest and is currently ranked as the 6th tightest office market nationwide. The most recent announcement of GE moving its world headquarters to Boston’s Seaport combined with established fortune 500’s and a continued influx of new startup technology and life science companies, make Boston’s office […]
Read MoreThe rising tide continues for office rents across all submarkets of Boston. View a breakdown of Boston Class B office rents by neighborhood below. The Back Bay takes the high water mark at $62/SF on Newbury Street, however, the Seaport continues to experience the fastest rent growth and limited value options under $40/SF. Wondering what […]
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