Similarly quiet week on its face to last week for additional added spaces as 29 spaces hit the market as available in the last 7 days, equating to 105,000 SF;
7 spaces (over 1,000 SF) came off the market ~18,000 SF
127– 129 Newbury Street has a new leasing company – BRA!
Just across the “Salt & Pepper” Bridge in Kendall Square/East Cambridge (a small – but powerful – 4.1MM SF market) the vacancy rate (again, for office) is 9.1%, with a paltry 320,000 SF of available space if you know the right people!
Shockingly, the availability rate SPIKED to 11.6% equating to 14,800,000 SF.