CRES Stats Report | Week Ending December 11
- 27 spaces hit the market as available in the subject area in the last 7 days, equating to 226,000 SF which is above the recent range;
- 21 spaces (over 1,000 SF) came off the market equating to 174,000 SF;
- The availability rate in Boston ticked up again slightly this week at 15,600,000 SF;
- The question now is when the availability rate will “top out”, with the effects of the COVID therapies versus leases ending (and those tenants renewing, downsizing, going virtual or relocating out of the downtown)?