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Summary and analysis of Boston’s current economic and office real estate market conditions.

Summary and analysis of Boston’s current economic and industrial real estate market conditions.

A prominent hospital sold its campus in a Boston suburb in a potentially lucrative leasing play. Boston Children’s Hospital sold its campus at 10 Centennial Drive in Peabody to an affiliate of Barings for $62 million, the Boston Business Journal reported. The North Shore clinical outpost was purchased by a limited…

The lenders on a two-building lab and office complex in Boston's South End have taken over ownership from life sciences giant BioMed Realty.

SYOSSET, N.Y. — A joint venture between Boston-based investment firm The Davis Cos. and operator GoodFriend Storage has acquired a 555-unit self-storage facility in the Long Island community of Syosset. The facility at 475 Underhill Blvd. comprises 40,344 net rentable square feet of space across two floors and 467…

The 800-acre campus of Hampshire College, the Amherst school that’s expected to shut down this fall, could be rezoned to allow for housing, community or business use, reported the Boston Business Journal. The town of Amherst aims to have a draft of the official zoning plans by January 2027, officials said. Housing,…

Tishman Speyer has signed lease agreements totaling 149,155 square feet at 125 High St., its 1.5-million-square-foot office campus in Boston’s Financial District. These include a 5,740-square-foot expansion with MG+M The Law Firm to grow its headquarters to 44,580 square feet, a nine-year lease extension for 20,115…

BEVERLY, MASS. — JLL has negotiated the $8.5 million sale of a 60,666-square-foot grocery building in Beverly, a northeastern suburb of Boston, that is fully leased to regional operator Stop & Shop. The freestanding building sits on a 4.9-acre site that originally served as the site of the first Marshalls store in…
NORWOOD, MASS. — Corbus Pharmaceuticals has signed a 36,471-square-foot office lease renewal in Norwood, a southern suburb of Boston. The space is located within the building at 500 River Ridge Drive, which according to LoopNet Inc. was constructed in 1988 (renovated in 2016) and totals 100,261 square feet. Curtis…

Calare Properties has acquired One Westinghouse Plaza Building K, a 42,000-square-foot industrial warehouse/flex condominium in Boston’s Hyde Park section. Terms were not disclosed. The urban property sits within a 22-acre, 10-building industrial and mixed-use site with a manufacturing history dating back to the…

Analysis of Boston's office development activity relative to Northeast peers and national construction trends.

Boston's life sciences sector demonstrates emerging recovery signals while maintaining favorable leasing dynamics for occupiers.

A hotel operator completed a major renovation project at a Courtyard by Marriott property in the Boston area.

Collegium Pharmaceutical has signed a 40,288-square-foot lease to relocate its corporate headquarters at One Lincoln in downtown Boston, contributing to continued leasing momentum at the property managed by DivcoWest.

Galvanize Real Estate has acquired a three-property industrial portfolio, marking its entry into the Boston market.

Boston's commercial real estate market exhibits mixed conditions with sustained demand in office and industrial segments.

Washington Trust arranged a $75.6 million financing for a new orthopedic surgery center in Waltham, Massachusetts.

A brokerage completed the sale of three medical office condominium units in Plymouth, Massachusetts.

EagleBridge Capital obtained construction financing for a townhome development project in Swansea.

Robotics company Boston Dynamics executed a major lease transaction for 320,000 square feet at Reservoir Place in Waltham, Massachusetts.

A major research campus development in Boston's Allston neighborhood opened through a partnership between Harvard, Tishman Speyer, and Breakthrough Properties.

Law firm Weil relocated its Boston office to Lyrik Back Bay, expanding its footprint in the market.

A $29.15 million land sale on Cape Cod has closed.

Analysis of tech sector office leasing activity showing record tenant demand for 15.3 million square feet of space since early 2020.

Analysis of whether venture capital momentum will sustain tenant demand for office space among technology companies in 2019.

A developer has initiated a speculative flex/R&D project in Billerica along the Route 3 corridor in response to growing demand for this asset class.

A healthcare organization renewed a substantial medical facility lease in the Boston area, representing continued occupancy of clinical space.

A $65 million land sale is advancing the redevelopment of the former South Weymouth Naval Air Station.

Synergy and Axonic have acquired a 358,406-square-foot office tower located at 265 Franklin Street in downtown Boston.

Equus Capital Partners completed the acquisition of a 300,075-square-foot industrial park in the Greater Boston area.

AdvanCell has signed a full-building lease at an innovation park facility in Andover, representing a major occupier commitment to the property.

A company plans to expand its headquarters in Milford, Massachusetts, with a leasing announcement involving 120 new jobs.

A 91-unit affordable housing development in Dorchester has been completed by the Affordable Housing and Services Collaborative.

CBRE brokered three lease transactions totaling over 75,000 square feet in Chelmsford, Massachusetts.

Austin’s Office Market Ranked Second for Development Steven Sharp Thu, 04/17/2025 - 08:00 Office development in Austin retained strong momentum at the beginning of this year, which highlighted the metro’s resilience. The market ranked second nationwide in terms of new office space underway, behind Boston,…

DivcoWest has lured a pharmaceutical company from the suburbs to its One Lincoln office tower downtown.

JLL represented global private markets investment firm HarbourVest Partners in securing its first New York City office at Soloviev Group’s 9 W. 57th St. The 10-year lease is for 19,752 square feet on a portion of the building’s 49th floor. Headquartered in Boston, HarbourVest is among the world’s leading private…

Colliers has facilitated the successful sale of 4501 Boston Way and 4701 Forbes Boulevard, two highly specialized manufacturing and engineering facilities totaling approximately 76,000 square feet in Lanham, Maryland. The acquisition reunites Genesis Engineering Solutions’ headquarters and manufacturing facilities…

DivcoWest said Monday that Collegium Pharmaceutical has signed a headquarters lease for 40,288 square feet on floors 11 and 12 at One Lincoln in Boston’s Financial District, relocating from suburban Stoughton, MA. Slated for the first quarter of 2027, Collegium’s arrival adds a life science presence to a tenant…
HarbourVest Partners, a global private markets investment firm, is moving into its first New York City office, Commercial Observer has learned. The firm, which is headquartered in Boston, has inked a 10-year deal for 19,752 square feet on part of the 49th floor of the Soloviev Group’s 9 West 57th Street. The asking…

Unwavering population growth coincides with sparse speculative office development.

Multi-tenant strength adds a stabilizing anchor, particularly in the urban core.

Boston recorded its strongest net absorption since 2021, driving vacancy lower despite 8,000 unit deliveries metrowide, with Class C and downtown vacancy expected below 4% in 2026.

Market data on life sciences leasing activity in the first half of 2025, showing below-pre-pandemic levels with regional variations in recovery.
And 28 were down from their peaks in prior years, led by Austin -27% and Oakland -25%.
This is a strategic white paper published by CBRE in April 2025 that addresses market selection frameworks within the self-storage sector. The analysis covers multiple U.S. markets including Houston, Atlanta, Boston, New York, San Francisco, and Los Angeles, as well as national-level considerations.
This is a market report published by CBRE in April 2025 covering the life sciences sector in the Boston-Cambridge area. The report appears to be part of a broader global atlas examining life sciences real estate markets.
This is a market report published by Newmark in the fourth quarter of 2025 providing an overview of the life sciences sector in Boston, Massachusetts.

The city and Madison Park Development Corp. marked structural completion of a mixed-use building in Nubian Square/Roxbury with 15 income-restricted condos and ground-floor community space.

Uniqlo opened a 20,000+ SF, two-level flagship at 399 Washington Street, occupying the long-vacant former Barnes & Noble space.

Boston's mayor and Northeastern's president broke ground on a 23-story, 445,200 SF residence hall (up to 1,215 beds) at 840 Columbus Ave, developed with American Campus Communities/Blackstone.

The 246-room Atlas Hotel, operated by Highgate, opened at the entrance to Harvard's Enterprise Research Campus in Allston.

Law firm McCarter & English signed an 11-year, 47,466 SF lease at One International Place, relocating from 265 Franklin Street.

TransMedics signed a 16-year, full-building lease (498,000 SF) at BioMed Realty's Assembly Innovation Park in Somerville for its new global HQ and manufacturing hub.

Northeast multifamily completions declined further in Q1 2026, with approximately 5,000 units delivered across the region, contributing to vacancy softening.
A mid-year snapshot of office market conditions in Greater Boston tracking vacancy trends and market dynamics through Q2 2026.

Locally based Synergy and New York-based Axonic Capital have acquired 265 Franklin St., a 21-story Class A office tower in Downtown Boston. The acquisition marks the first joint venture between the two firms. The seller was Clarendon Properties and the acquisition price was $116 million, according to the Boston…
MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development…
WRENTHAM, MASS. — Fairbanks Morse Defense, a provider of maritime engineering and manufacturing solutions, has signed a 71,350-square-foot industrial lease in Wrentham, located along the Massachusetts-Rhode Island border. The space is located within the 176,800-square-foot building at 315 Green St., which features…
BOSTON — A partnership between Pennrose and the Hyde Square Task Force (HSTF) has broken ground on a 55-unit affordable housing redevelopment in the Jamaica Plain area of Boston. Designed by DiMella Shaffer, the project will convert the former 71,000-square-foot Blessed Sacrament Church, which was built in 1913 and…