0 Boston Office Vacancy Rate Dips Below 13% in 1st Quarter

Office building at 1 Federal St. in Boston's financial district

1 Federal St., Boston

The vacancy rate for office space in Boston has dropped just below 13 percent. This according to an article posted on Banker & Tradesman late last week. B&T states, “the vacancy rate for the Greater Boston office and R&D market decreased from 17 percent to 16.9 percent during the quarter and select properties are beginning to recognize rent increases, according to a report from Colliers International focusing on the first quarter of this year.”

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