State Street is on the move, and the Seaport continue to evolve.
The Boston Business Journal is reporting “the Boston Redevelopment Authority has put its stamp of approval on a $11.5 million tax break for State Street Corp., tied to the construction of a new office building in South Boston.”
To read more on the Seaport and State Street migration, click here.
Vacancy in the Financial District dropped to 14.8 percent with rents up 1.25 percent to just over $45.60, while Back Bay is just over $55.25 and the Seaport District is $51.00.
Banker & Tradesman states, “the Greater Boston office market enjoyed a strong second quarter, according to a new quarterly research publication released this morning by Richards Barry Joyce & Partners LLC (RBJ&P).”
To read the complete article, click through to Banker & Tradesman.