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Office Statistics

United States | Boston, MA

Report | Boston Office Statistics - Q1 2011

Summary

The Boston office statistics reported improvement quarter-over-quarter, although there remains significant differences across all submarkets.
• Vacancy in the Financial District is 15.6% versus 5.1% in the Back Bay.
• Submarkets along Route 128 have vacancy rates in the mid-teens while those alongside I-495 are experiencing vacancy rates in the 20s.
• Net absorption was positive in the three Cambridge submarkets.

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