0 Boston Office Market Shifts to the Financial District

Office at 100 summer st in Boston's financial districtThe Downtown Boston Office Market continues to be strong as firms seek better value options than the high-priced Seaport or Back Bay submarkets. Pricing in the Class B market is still in the low-to-mid $30’s PSF downtown, while the Seaport has pushed into the low to mid $40’s.

B&T recently reported that “the popularity of the Seaport and Back Bay, where office building vacancy rates have been at historical lows in recent months, has been a boon to the city’s traditionally staid, button-down financial center, where younger and tech-related firms have opened up shop.”

Additional information is available on the Banker & Tradesman website.

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