The rest of the country should follow us, at least for how we develop and occupy our office buildings here in Boston and Cambridge commercial real estate markets.

From Nerej.com:

The Boston office market itself is a text book for the office market of the 21st century…the city of Boston will have its fourth straight year of over 1 million s/f of absorption and has a 7.2% vacancy rate.

Cambridge is a story unto itself. This is a 23.7 million s/f market with a 3.8% office vacancy and 3.0% lab vacancy. The market is completely out of space.