By Grant Welker Boston Office Market Showing Early Signs of Recovery Two key metrics suggest Boston’s office market may be turning a corner. Vacancy rates in the city have declined for the fourth consecutive quarter, and leasing activity has reached its highest level since 2019. According to JLL, the city’s office vacancy currently stands at 21.1%, […]
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 […]
The commercial real estate retail market has experienced minimal change in the first quarter of 2015. The retail market saw the vacancy rate held at 3.9%; vacancy rates are determined by a “percentage of the total amount of physically vacant space divided by the total amount of existing inventory.” The Boston retail market includes the […]
