Boston Office Rents Drop 10 Percent from Peak
Office vacancies in Boston rose slightly in the first quarter, and a wave of expiring leases in coming months will provide hints at the future direction of the market.
Boston Office Rents Keep Sliding Despite Demand Bounce
Over the past 12 months, office tenants’ active space requirements have increased nearly 26 percent, according to new JLL research.
Boston Office Vacancies Near 16 Percent Amid Class B Slump
Boston office vacancies hit 15.7 percent in the first quarter but signs of a gradual recovery are starting to emerge in the post-pandemic outlook, according to a brokerage report.
Historic Uptick in Vacancies As Office Construction Booms
Office vacancies and sublease listings soared during the third quarter as companies continued to hold off on long-term real estate decisions, according to local brokerage research.
Lab Market Remains Resistant to COVID-19 Disruption
Greater Boston’s life science cluster remains an island of stability in the commercial real estate world while other property sectors reel from COVID-19 disruption.
LoopNet Adds Meeting Function for Virtual Tours
The largest platform for commercial real estate listings is launching a service that combines virtual building tours with an online meeting capability for up to 20 participants simultaneously.
Report Predicts Steep Office, Retail Rent Drops
Office rents are expected to decline by 14.3 percent in Greater Boston while retail rents drop 9.7 percent in 2020 as the two property sectors absorb the effects of the COVID-19 pandemic, according to a research report.
Boston Properties Withdraws 2020 Guidance Amid Rent Uncertainty
Slowdowns in leasing, potential unpaid rents and delays in new tenant move-ins because of construction moratoriums are casting doubt on Boston Properties’ anticipated revenues for the rest of 2020, executives said.
Boston Office Leasing Slowed Before COVID-19 Hit
Boston’s office market had its slowest quarter in more than three years even before the brunt of COVID-19 impacts began to affect companies’ expansion strategies, according to a new research report.
Office Tenants Take a Step Back Amid Uncertainty
Boston’s once-booming office market is starting to reflect concerns of a global recession, as tenants pull back on leasing activity.
East Cambridge Lab Rents Hit Triple Digits
East Cambridge maintained its position as the region’s top destination for lab tenants, with asking rents topping $101 per square foot triple-net in the fourth quarter.
Charting Office Rents From A Transit Perspective
The MBTA Red Line was unquestionably the Pain Train of the first post-Labor Day workweek, with mechanical snafus making for a series of nightmare commutes.
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