Research

For Boston commercial real estate, there is no substitute for accurate and timely market intelligence. Lincoln Property Company's in-house Valuation and Research departments advise clients on the constantly changing commercial real estate environment, helping them make quick market decisions, or plan long-term strategy. To start receiving our research group’s publications, please click here.

• Boston / Office

  • RSF63,792,606 SF
  • Direct Vacancy12.2%
  • Total Availability15.2%
  • YTD Absorption(301,000) SF
  • Avg.Rent$39.59/SF

  Although negative, vacancy losses have subsided in the Boston office market. The Class B market absorbed over 280,000 square feet in 2011.
  Office Overview.pdf »

• Cambridge / Office and Lab

  • RSF18,574,000 SF
  • Direct Vacancy9.1%
  • Total Availability15.3%
  • YTD Absorption479,300 SF
  • Avg.Rent$38.59/SF

  Cambridge office absorbed over 540,000 square feet of space in 2011 due to strong tenant demand in East and Mid Cambridge.
  Office Overview.pdf »

• Suburban / Office

  • RSF92,183,900
  • Direct Vacancy18.4%
  • Total Availability22.6%
  • YTD Absorption(1,258,800) SF
  • Avg.Rent$19.66/SF

  Interstate 495 lost 1.25 million square feet to vacancy in 2011 due entirely to the lost of tenant demand along Interstate 495. Route 128 North was the big winner in 2011 with over 388,000 square feet of positive absorption.
  Office Overview.pdf »

• Industrial

  • RSF186,355,300 SF
  • Direct Vacancy21.5%
  • Total Availability23.0%
  • YTD Absorption66,700 SF
  • Avg.Rent$6.57/SF NNN

  Warehouse space lost steam in the second quarter due to losses measured in the Boston metro region, but year-over-year growth exceeds 2 million square feet. Flex space posted a positive net gain in Q2 with over 75,000 SF absorbed.
  Industrial Overview.pdf »