The Boston office landscape, like many markets across the U.S, still has a lot of uncertainty. Occupancy is lower than expected, retail and restaurant tenants in office assets are being hit hard and subleasing is spreading. How are owners responding to the needs of a shifting market? Are they bailing tenants out financially? To what degree is office occupancy being impacted moving forward? What is being done to plan for the unknown?
Join Bisnow on July 9 along with Oxford Properties US Head of Office Chris Mundy and Boston Realty Advisors Managing Director and Partner Whitney Gallivan for an update on the Boston office market, where it is today and what it means for tomorrow.
Our content will touch on:
- Are owners offering financial support to retail tenants?
- Subleasing is on the rise nationwide. What does the rise in subleasing mean for the state of the office market today? Are your tenants doing the same?
- What occupancy rate is the Boston market seeing and how does Boston compare to the other markets in the U.S?
- How does the slower-than-expected return to office properties shape plans going into the fall? Will there be extensive interior changes or installations for more measures to ensure social distancing?
- Coworking is heavily in question given the limited demand and inevitable decrease in density. How are coworking tenants faring and what kind of conversations are being had?
There will also be plenty of time for questions.