Research

The below listings reflect the current leasing opportunities Lincoln has available. Please contact the indicated Lincoln representative in regards to the listings below. Our thirteen brokerage representatives also are pleased to extend our services to any firms seeking guidance as they navigate the Boston and Suburban markets for new space requirements.

• Boston / Office

  • RSF61,814,300 SF
  • Direct Vacancy10.8%
  • Total Availability17.0%
  • YTD Absorption(712,700) SF
  • Avg.Rent$39.50/SF

  Class A low-rise space vacancy increased totaling approximately (500,000) square feet of negative net absorption.
  

• Cambridge / Office and R & D

  • RSF18,631,300 SF
  • Direct Vacancy12.2%
  • Total Availability16.2%
  • YTD Absorption(66,300) SF
  • Avg.Rent$35.46/SF

  Tenant demand has picked up in the second half of 2010. Sublease space has further declined to 2.0%, likely leading to year-end growth.
  

• Suburban / Office

  • RSF92,786,800
  • Direct Vacancy17.9%
  • Total Availability23.5%
  • YTD Absorption(498,800) SF
  • Avg.Rent$20.18/SF

  An overall increase in the average asking rate occurred due to an increase in the Route 128 South and North markets. Interstate 495 absorbed 92,300 square feet in Q2 2010.
  

• Industrial

  • RSF190,730,611 SF
  • Direct Vacancy20.1%
  • Total Availability25.6%
  • YTD Absorption(4,682,698) SF
  • Avg.Rent$6.53/SF NNN

  Industrial product exhibited an overall decline in Q4, but the burden fell more so on warehouse prduct, which incurred (1.7) million square feet of net absorption. Flex space fell negative by (450,000) square feet in Q4.