NAI Hunneman’s Research Group is pleased to introduce our Q4 2016 submarket reports, providing in-depth analyses of major office and industrial submarkets in Greater Boston. Topics covered in these publications include notable lease transactions, vacancies, rental statistics as well as other market trends.
Here are just a few Fourth Quarter highlights:
- While still retaining its title as Boston’s hottest submarket, the Seaport is also becoming a relief valve for biotech companies looking for more space and rent relief from the frothy Cambridge markets. Related Beal is planning a 125,000-square-foot speculative office and lab complex on Tide Street to tap into this potential demand.
- With 3.3 million square feet of industrial space absorbed over the last two years, vacancies now sit 260 basis points below their 2014 levels in the South markets.
- Route 128 West is becoming a Mecca for shoemaking companies. Early in the fourth quarter Clarks Shoes moved into its new 120,000-square-foot headquarters in Waltham; and more recently Rockport Group relocated from temporary space in Canton to its new headquarters in West Newton.
To access our submarket reports click here
For more information on our reports, market updates and other NAI Hunneman research products please contact Director of Research Liz Berthelette at firstname.lastname@example.org .