0 This is What Today’s Class B Office Space Tenants Value

What tenants value in Boston class B office space

·         75% of current market demand is within the creative economy i.e. Tech, Advertising, Architecture & Design

·         Landlords using demand to improve spaces and increase rents. Spending TI money now for long term increase their lease ability.

·         Small suites are disappearing, especially in the Seaport. Does it make sense to go smaller?

·         Low rise Class A vs quality b/b+….the price gap is narrowing.

·         Sublease and move?…tenants are weighing this options as rents continue to rise and their current leases have value.

·         Red Line is still the demand driver…tenants are looking towards new stops (Park St., Central, Davis) where value exists.

·         Unique amenities are important i.e. bike storage, pet friendly, shared conference space, ROOF DECKS!

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