Sublease Space Hits Record Levels in Market
The fallout from the current health crisis continues to affect Greater Boston’s office market, with fundamentals wavering further during the third quarter of 2020.
The fallout from the current health crisis continues to affect Greater Boston’s office market, with fundamentals wavering further during the third quarter of 2020.
Economic shocks from the COVID-19 pandemic left their mark on the Boston office market, which registered record levels of negative absorption in the second quarter.
Bill McCall likes to joke that he’s accurately predicted eight of the last four recessions in Massachusetts. His glass-half-empty perspective is influenced by his brokerage firm’s tenant advisory specialty in helping companies drive the best bargain with landlords.
You have 240 days to go on your lease, and the place is certain to be sold by then. So, what can you do?