28 spaces hit the market as available in the subject area in the last 7 days, equating to what seems to be a consistent weekly ~167,000 SF;

12 spaces (over 1,000 SF) came off the market equating to a mere ~53,000 SF;

Checking Back In on East Cambridge/Kendall Square: this is a 5,000,000 SF office area, with a direct availability of a mere 4.2% & 7.7% (886,000 SF) total availability rate, substantially less than its big brother Boston;

12 spaces (over 1,000 SF) came off the market in Boston equating to ~53,000 SF.

The availability rate in Boston ticked up slightly to an all-time recent high of 13.1%, equating to ~15,300,000 SF.

18 spaces hit the market as available in the subject area in the last 7 days, equating to 170,000 SF, roughly in the range (yet higher end) of recent weekly additions;

ONLY 5 spaces (over 1,000 SF) came off the market equating to 140,000 SF, albeit 4 of the spaces were full floors removed from the sublease market in the lower block of 10 St. James.

DID YOU KNOW?: the 213 acre “LMA” (Longwood Medical & Academic Area) is home to 7 world class hospitals and 11 private & public secondary and colleges & universities.  Pre-COVID, 111,000 people a day come to the LMA!  2.6 million patients are treated in the LMA – EVERY YEAR!  Also, the LMA has its own power generation facility called “MATEP”.

Sadly, the availability rate in Boston rose to an all-time recent high at 13.4%, a substantial uptick, equating to 15,100,000 SF.

20 spaces hit the market as available in the subject area in the last 7 days, equating to ~164,000 SF;

11 spaces (over 1,000 SF) came off the market ~52,000 SF;

The Harvard Square-Central Square marketplace is a 2.0mm SF office market of mostly class C & B buildings – with “Class A pricing” (average ask of $61.39/SF).  The availability rate here is 13.8% equating to ~485,000 SF

The availability rate in Boston held for the last 2 weeks at 13.0% equating to ~15,000,000 SF.