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United States | Boston, MA

Report | Boston Office Insight - Q3 2016

Summary

Vacancy continues to tighten across the Greater Boston area as office space becomes harder and harder to find. In Cambridge, direct vacancy now sits at 1.5 percent, forcing many tenants back into Boston's Downtown, the Seaport and the Back Bay.

Boston's CBD saw leasing activity spike during Q3 after a slower start to the first half of 2016, recording 15 of the area's 28 leases over 20,000 square feet. The CBD's overall leasing volume is up 50 percent year-to-date compared to this same time last year.​

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