0 CRES Stats Report | Week Ending July 24

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Boston Office stats from the PAST 7 days: (sublease & direct – in all cases temp space excluded) in Mass Ave to the Seaport, South to North Station

  • 39 spaces (over 1,000 SF) hit the market as available equaling 300,000 SF, a 4X increase over the last week;
  • 14 spaces (over 1,000 SF) came off the market (~57,000 SF) averaging only 4,000 SF per suite;
  • Charlestown’s (21 buildings, ~2.4mm SF) vacancy rate is 16.8% and it’s availability rate is 17.7%
  • There is currently 2,800,000 million square feet of sublease space available in the subject area;
  • The total availability STAYED ROUGHLY THE SAME at 11.2%.

 

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