CRES Stats Report | Week Ending November 20

  • 25 spaces hit the market as available in the subject area in the last 7 days, equating to ~115,000 SF (average size of space ~4,600 SF);
  • Only 7 spaces (over 1,000 SF) came off the market equating to ~30,000 SF;
  • Checking Back In on Back Bay: this is a 13,000,000 SF office area, with about 1.9MM SF of total availability equating to about 14.7%.
  • The availability rate in Boston continues to skip across the surface around the all-time recent high as ~15,300,000 SF