Source: Avison Young – Boston Office Market Report
Office leasing momentum increased in late 2025, with several Boston submarkets reporting stronger renewal and relocation activity, according to Avison Young’s latest office market report. Much of the demand is concentrated in modern, amenity-rich buildings, as tenants continue to consolidate into higher-quality space.
Large renewals and expansions helped stabilize occupancy levels downtown and in key suburban clusters, while Class B and older assets continue to face competitive pressure. Brokers report that tenants remain selective but are more willing to commit to longer-term leases when space meets evolving workplace needs.
The data suggests that while vacancy remains above historical averages, the market has moved past its lowest point and is beginning to see more consistent deal flow heading into 2026.