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Developers Say New Leases Represent ‘Early Indicator’ Of Boston Office Market’s Recovery
Executives from MP Boston, Hines and WS Development expressed optimism that a string of new leases shows Boston's office market is turning a corner.
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Executives from MP Boston, Hines and WS Development expressed optimism that a string of new leases shows Boston's office market is turning a corner.
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Boston's return-to-work efforts seem to be picking up as vacation season has died down and the Orange Line has reopened.
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These were the top deals in Boston during the last week.
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Boston's office vacancy rate in the fourth quarter surpassed that of the dot-com bust, the Great Recession and the height of the pandemic.
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Small and midsized biotech firms are slowing their lab growth amid market challenges, but the big pharmaceutical companies are helping pick up the slack.
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Investors and tenants are increasingly pushing developers to create more sustainable buildings, adding to the pressure from government emissions mandates.
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Hundreds of thousands of square feet have been made available for sublease from Boston tech companies that have begun consolidating their workforces.
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New Balance's development arm filed a letter of intent for a 78-unit residential project steps away from its Boston Landing campus.
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ARX Urban acquired a three-building multifamily property in Framingham for $2M less than its original listing price.
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Boston's office vacancy rate has surpassed the peak of the Global Financial Crisis, but researchers say the market is showing early signs of a shift.
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