data bites

Overall average office lease size increases in Downtown Boston https://www.avisonyoung.us/w/friendly-journal-URL The overall average office lease size in Downtown Boston increased 18.1% from 2025...

Greater Boston office visitation continues to recover https://www.avisonyoung.us/w/friendly-journal-URL In Boston, Tuesdays are leading the office visitation recovery as more employees return to...

Boston industrial availability concentrated in new buildings A performance gap is emerging in Boston’s industrial market: 2020s buildings show 32.4% availability, while 2010s assets outperform as...

Boston’s upper floors see higher vacancy in 2025 bostons-upper-floors-see-higher-vacancy-in-2025 Class A and Trophy assets continue to lead Downtown leasing activity, making up 51.3% of all Boston...

After record boom, Boston's industrial market enters healthy rebalance https://www.avisonyoung.us/w/friendly-journal-URL Boston industrial deliveries slowed to a nine-year low in 2025 following the...

Boston’s MBTA sees commuter volume continue to recover https://www.avisonyoung.us/w/friendly-journal-URL Commuter activity continued to rebound in 2025, with public transportation usage into Boston...

Boston sees higher volume of new office leases in 2025 https://www.avisonyoung.us/w/friendly-journal-URL Year-to-date 2025 marks a return to a more normal balance of lease activity in downtown...

High interest rates contribute to low industrial transaction volume in Boston https://www.avisonyoung.us/w/friendly-journal-URL High interest rates continue to contribute to a dip in industrial...

Boston sees rise in average lease size in 2025 https://www.avisonyoung.us/w/friendly-journal-URL Year-to-date 2025, the average office lease size has risen to 24,405 SF, the highest level in a...

Boston industrial escalation trends favor landlords https://www.avisonyoung.us/w/friendly-journal-URL Over the past 24 months, industrial rent escalation rates in Boston have demonstrated a clear...

Boston MBTA public transportation ridership continues to recover https://www.avisonyoung.us/w/friendly-journal-URL Ridership on Boston’s public transportation system continues to rebound, gradually...

Boston TEU volume stays high as ports are seeing more vessels https://www.avisonyoung.us/w/friendly-journal-URL Twenty-foot equivalent unit (TEU) volume for the Port of Boston is climbing back to...

Greater Boston Occupiers see a trade-off in rent concessions as construction costs rise, and landlords become more cash constrained https://www.avisonyoung.us/w/friendly-journal-URL Free rent...

Vacancy lower in smaller industrial buildings within Greater Boston https://www.avisonyoung.us/w/friendly-journal-URL Smaller flex/industrial buildings have outperformed larger sites since 2020,...

Law firms drive largest YoY growth in Boston office leasing https://www.avisonyoung.us/w/friendly-journal-URL In Downtown Boston, mid-size to large office leases (20,000+ SF) were dominated by...

Boston industrial subtypes react differently to economic shifts https://www.avisonyoung.us/w/friendly-journal-URL Boston’s overall industrial vacancy rate has been rising since Q3 2023, driven by...

Sublease Share of Total Vacant Space is Trending Downward in Boston https://www.avisonyoung.us/w/friendly-journal-URL Sublease availability in the Boston market has fallen sharply, from 10.5 MSF at...

Downtown Boston demand requirements dominated by surplus of FIRE & tech tenants https://www.avisonyoung.us/w/friendly-journal-URL As of March 2025, Downtown Boston currently boasts over 4 msf of...

2025 or 2005? Greater Boston suburban offices trading below values recorded almost 20 years ago Greater Boston suburban offices trading below values recorded almost 20 years ago...

Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office to residential conversions Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office...

Industrial & flex availability concentrated in newer, recently delivered facilities in Greater Boston https://www.avisonyoung.us/w/friendly-journal-URL Throughout Q4 2024, industrial & flex space...

Boston's shopping centers, event venues see significant visitation increase comparing 2019 to past 12 months https://www.avisonyoung.us/w/friendly-journal-URL Avison Young utilized data from...

Cambridge, Inner Suburbs exhibit weakest visitation recovery, 495 Belt leads with strongest https://www.avisonyoung.us/w/friendly-journal-URL From Aug-2019 to Aug-2024, Cambridge and the inner...

Of major office using industries in Greater Boston, life sciences and consulting exhibit strongest office visitation recovery https://www.avisonyoung.us/w/friendly-journal-URL When comparing office...

Greater Boston office market sees strongest Y-o-Y visitation recovery on Mondays, Tuesdays https://www.avisonyoung.us/w/friendly-journal-URL In July 2024, Boston office properties saw increased...

Q2 2024 industrial investment sales volume in Greater Boston already exceeds Q1 totals, on pace to set a 2-year quarterly record https://www.avisonyoung.us/w/friendly-journal-URL In Q1 2024,...

FIRE industries are driving demand for office space in Urban Boston, Tech and other industries lag behind https://www.avisonyoung.us/w/friendly-journal-URL Currently, Urban Boston TIM’s (tenants in...

Industrial facilities ranging from 100,000 to 249,000 square feet in Greater Boston experience a rise in their share of leasing activity https://www.avisonyoung.us/w/friendly-journal-URL Within the...

Rents in Downtown Boston typically bottom out 2-3 years after recessions https://www.avisonyoung.us/w/friendly-journal-URL After recessions, rents in Downtown Boston typically reach a nadir 2-3...

Manufacturing facilities in Boston exhibit the shortest average time on market in Q1 2024 among all industrial property subtypes. https://www.avisonyoung.us/w/friendly-journal-URL Despite a surplus...