The space currently under construction nationally adds up to an expansion of current stocks of only 1.1%, as high lending rates and low demand continues lowering office space development.
Tag: Boston MA
The office space market is facing challenges including rising delinquencies and potential defaults. Up to 30% of all loans for office properties are set to mature by the end of 2026, posing a great challenge…
At the end of May, the national listing rate for office space rested at $37.72 per square foot, six cents above the previous month but still down year-over-year. San Diego saw the largest drop in…
At the end of May, vacancy rates continued climbing in Western tech markets, while there are indications that the glut of life sciences space may lead to oversupply in select areas.
During the last couple of decades, what constitutes “the place to be” for people working within a certain industry has changed quite a bit. To that end, although cities such as Los Angeles and New York…
With 92.7 million square feet of office space currently under construction, new starts have seen a steep decline since before the pandemic. Still, the industry has silver linings, the foremost of which is a booming…
Midtown Manhattan's Plaza District stole the show in Q4 2023 as the most expensive office submarket for the second year in a row, while the larger top 10 was dominated by California and the Bay…
Combining vintage architecture and modern glass towers, coworking spaces in Boston's Back Bay neighborhood have something for just about everyone. Here are a few of the best Back Bay has to offer.
