by admin | Jan 17, 2023 | blog, Commercial Real Estate
The Boston Metro office market closed 2022 with a turbulent fourth quarter, hitting a record vacancy rate of 17.4%. According to data from Collier’s, Boston had 369,000 square feet of negative office absorption in the fourth quarter of 2022 alone. For the year...
by admin | Sep 27, 2022 | blog, Commercial Real Estate
Office space demand in the Boston Metro is alive and well, especially for newer Class-A buildings. The latest report from Boston Bisnow states that Class-A developers are attracting new tenants at an improved pace from a year ago, with major tenant agreements lined up...
by admin | Jul 5, 2022 | blog, Commercial Real Estate, Small Business Tips
A number of Boston Metro offices once offered coffee shops and arcades to attract fresh talent. Now, many employers are exploring new ways to draw employees back to the office. The Boston Globe recently examined the office perks a few local companies are testing. Here...
by admin | Dec 1, 2021 | blog, Commercial Real Estate
While employees have gradually returned to offices in the Boston Metro, companies are still grappling with pandemic-era challenges. An emerging consensus suggests that the days of large office headquarters may be winding down. A recent article in the Commercial...
by admin | Jul 6, 2021 | blog, Boston Metro Area, Commercial Real Estate, Market Updates
Demand for Boston Metro office space is signaling the start of a commercial real estate recovery, according to an analysis by CBRE. Downtown Boston is leading the way with office space inquiries posting a record high. As of the second quarter of 2021, nearly one-third...