By Greg Ryan The downtown Boston office market has captured the lion’s share of local attention — and alarm — since Covid-19 upended the five-day, in-office workweek. But now there’s cause for concern across the Charles River for the 12 million square feet of offices in Cambridge. A CBRE report this month found that, for the first time since the […]
ABG Commercial Advisors Q4 Boston Office Market Report At the end of last year, Boston’s Office market finished the fourth quarter with a vacancy rate of 9.6%, down from the third quarter numbers of 9.8%. While the absorption rate is down from third to fourth quarter, rental rates showed a slight increase. Furthermore, vacant sublease […]
Q1 2013 Office Trends from Reis Reports Here are some significant and noteworthy trends from the Office sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports: The office vacancy rate declined 0.1% to 17% at the end of the quarter, […]
