Boston - Over the past 12 months, Seaport and CBD have witnessed the highest share of office leasing activity

Office leasing activity as a percentage of inventory (leases signed in the past 12 months)

  • Over the past 12 months, the CBD and Seaport submarkets have punched above their weight class, constituting the largest portion of office leasing activity relative to their existing inventory. 
  • Both submarkets exhibit significant demand for office space, as evidenced by Seaport's execution of new or expansion deals totaling 393,599 square feet and the CBD registering 703,883 square feet.
  • Notably, EMD Serono leased 60,500 square feet in Q4 2023 at 200 Pier Four Boulevard in Seaport, while Deloitte secured 138,000 square feet in Q3 2023 at the recently delivered Winthrop Center in the CBD.


Source: AVANT By Avison Young, CoStar

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