Source: Goodwin Commercial real estate is kicking off the year with renewed energy. Several sectors are showing signs of resilience and growth — from data centers to offices and luxury retail. As moderating inflation and stabilizing financial conditions lift investor confidence, a broader recovery in commercial real estate is likely around the corner. On March […]
Source: Avison Young – Boston Office Market ReportOffice 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 […]
New data from Colliers, Savills, and Cushman & Wakefield show that office leasing activity in Greater Boston increased significantly in late 2025, signaling early signs of stabilization in the region’s office market. While vacancy remains elevated, market participants report that demand has stopped declining and is beginning to reverse in key submarkets.
The historic, mostly vacant office building would include over 250 apartments, with ground-floor retail. Source: Boston.comBy Beth Treffeisen Boston developer Synergy is moving to launch the city’s largest office-to-housing conversion yet, filing plans last Wednesday to transform an 11-story, mostly vacant Downtown Crossing office building into more than 250 apartments. The project would convert the upper […]
By Randyl Drummer, Ryan Ori, Katie Burke As far as commercial real estate services firms are concerned, dealmaking is back. After years of trying to predict when the industry would improve, the five biggest of those companies — CBRE, JLL, Cushman & Wakefield, Colliers and Newmark — raised their financial outlooks for 2025 after posting […]
Gary Higgins Massachusetts’ tech sector shed more than 8,200 jobs last year, marking the second-worst decline nationwide, according to CompTIA’s State of the Tech Workforce 2025 report released Tuesday. The state’s tech workforce shrank 2.6%, falling from 319,416 jobs in 2023 to 311,165 in 2024. Only California reported a greater loss, with more than 51,000 […]
Gary Higgins In its fifth annual Massachusetts Talent and Competitiveness Survey 2025, McKinsey & Co., working with the Massachusetts Business Roundtable, identified three main obstacles to doing business in the Commonwealth: high costs of doing business, high living expenses, and aging infrastructure. Business leaders met Thursday to review the survey results and discuss strategies for […]
By Victor Rodriguez Manhattan Office Market Surges Beyond Pre-Pandemic Levels In a first, new leases for initial six months of 2025 surpass some years leading up to pandemic The Manhattan office market is showing remarkable strength, with new leasing in the first half of 2025 surpassing levels seen in many years before the pandemic. CoStar reports […]
Activity surges to highest level in more than five years By Phil Mobley Growing economic uncertainty was not enough to stem the tide of tenants’ appetite for U.S. office space in the first quarter of the year. Office-seeking companies leased an estimated 115 million square feet in the first three months of 2025, according to preliminary […]
By Anthony Russo Demand for office in Manhattan is picking up to levels not seen in 10 years as the sector continues to recover from the pandemic, according to the latest market report from Transwestern. Net absorption in the city exploded to 5.7 million square feet in the three months ending September- the highest levels seen in […]
