0 eBay Closing In On Lease at Boston’s International Place

Posted on July 25, 2012 by Wil Catlin

eBay is settling in on one of the Financial Districts 16 buildings that currently have more than 60K RSF of contiguous space according to CoStar. Vacancy within the Financial District is running just below 15 percent with opportunities in the low to mid rise space within the Class A inventory and the entire Class B market.

The Boston Business Journal offers some perspective on the transaction, noting “the lease would be one of the largest on record this year for the Downtown market and would mark a significant win for The Chiofaro Co., the International Place’s developer and current leasing manager.”

For more information, we recommend reading the Boston Business Journal’s full report.

0 Financial District Vacancy Drops to 14.8%

Posted on July 13, 2012 by Wil Catlin

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.