Office space in Cambridge is always in great demand. The overall vacancy rate of office market in Cambridge declined from 10.8% in 2012 to 9.0% in 2013. According to the Greater Boston Market Viewpoint Report conducted by Colliers International, the direct asking rent for Class A and Class B office in East Cambridge have both […]
Figures for quarter 4 are out and Boston’s retail market remained relatively stagnant. In fact, the vacancy remained at a constant 4.4% between quarters and vacant subleased space only increased by a negligible 38,829 square feet. Over the past year, Boston’s retail market has experienced an overall decrease in vacancy rates from 4.5% in Q1 […]
Quarter 4 figures are out and Boston’s office market ended the quarter with a vacancy rate of 9.9%. The vacancy rate decreased from 10.2% during quarter three, indicating a higher demand for office space in the Boston area. In the first quarter of 2012, vacancy rates stood at 10.8% and have continued to decline steadily since. In […]
Rental rates are up 6.4% year-over-year in 2012, reports Trulia. The median monthly rent for Boston is now a steep $2,400. Most brokers expect an increase in demand during the early months of the calendar year due to lease expirations from the previous year. However, there is some relief for individuals looking to lease a […]
