Report | Boston Office Insight - Q1 2016
Greater Boston continued its strong run with a fifth consecutive quarter of positive net absorption to start 2016. Market wide, overall vacancy rates now stand at just 13.9 percent.
The Class A suburban market is seeing especially strong growth, with further rent growth expected. Already, 53 percent of the 3.5 million square feet of new supply set to deliver over the next two years is preleased.
VC money also continues to pump into Boston. The city trailed only Silicon Valley in VC funding last year, with Boston’s biotech sector being the main draw. Biotech grabbed over a 40 percent share of the city’s VC investment in 2015.
Learn more about what’s happening right now in Boston—and what we can expect over the next couple months—by downloading our Q1 2016 US Office Insight.
To access the report, simply complete the form.