Tech Layoffs Add to Office Market Woes
Potential layoffs at Amazon and deep cuts to Twitter’s workforce are adding to the headwinds faced by a Boston office market in the midst of a year-long retreat.
Silicon Valley Finds Remote Work Easier to Begin than End
Technology companies that led the charge into remote...
Blame TAMI Tenants for Office Market Softness
New stats show that Boston has been particularly hard-hit, and slower to rebound than other major metropolises like Washington, New York, Seattle, and Los Angeles.
The 2020 Turkey Awards: You’re Building What?
While 2020 has been downright disastrous in so many ways, it has truly excelled at delivering a bumper crop of big, fast juicy gobblers to skewer, from doomed projects to idiotic proposals.
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.
Tech Giants’ Embrace of Remote Work May Be Slow
Silicon Valley and Seattle giants – Facebook, Microsoft, Apple, Twitter – were the first to send their employees home as the virus spread to the U.S. Now they’re among the last to return them to the office. Some of their employees might never go back.
TAMI Tenants in the Hunt for Downtown Offices
The downtown Boston office market had another record year marked by peak rents, limited supply and significant large deal activity. Year-end absorption should eclipse 2.2 million square feet, as compared to 1.2 million square feet at the end of 2017.
