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.
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.
Boston's return-to-work efforts seem to be picking up as vacation season has died down and the Orange Line has reopened.
These were the top deals in Boston during the last week.
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.
Small and midsized biotech firms are slowing their lab growth amid market challenges, but the big pharmaceutical companies are helping pick up the slack.
Investors and tenants are increasingly pushing developers to create more sustainable buildings, adding to the pressure from government emissions mandates.
Hundreds of thousands of square feet have been made available for sublease from Boston tech companies that have begun consolidating their workforces.
New Balance's development arm filed a letter of intent for a 78-unit residential project steps away from its Boston Landing campus.
ARX Urban acquired a three-building multifamily property in Framingham for $2M less than its original listing price.
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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