Boston Office MarketBeat Q1 2026
The Cushman & Wakefield Boston Office Q1 2026 MarketBeat report analyzes the Greater Boston office market, finding vacancy rose 40 basis points quarter-over-quarter to 18.5% while net absorption declined 735,100 square feet year-to-date, with overall asking rent decreasing 2.3% to $47.74 per square foot. Downtown Boston submarkets led demand with 1.0 million square feet of new leasing (64.3% of total market volume), driven largely by JP Morgan's 251,000-square-foot commitment at South Station Tower, while Class A assets commanded 76.6% of downtown deal volume as tenants demonstrated a "flight to quality" away from functionally obsolete Class B inventory.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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