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

  • RSF61,295,717 SF
  • Direct Vacancy9.6%
  • Total Availability16.4%
  • YTD Absorption(1,515,674) SF
  • Avg.Rent$40.19/SF

  One Marina Park Drive delivered in the fourth quarter, heavily contributing to the 600,000 square feet of negative net absorption found within the quarter.
  

• Cambridge / Office and R & D

  • RSF18,636,877 SF
  • Direct Vacancy11.8%
  • Total Availability17.3%
  • YTD Absorption(871,626) SF
  • Avg.Rent$35.54/SF

  Positive quarter growth in the Cambridge lab market in Q4. Although the 160,900 square feet of negative absorption is a positive sign, the yearend total of (442,500) square feet is daunting.
  

• Suburban / Office

  • RSF85,278,922
  • Direct Vacancy17.6%
  • Total Availability23.4%
  • YTD Absorption(3,601,310) SF
  • Avg.Rent$20.09/SF

  Further negative growth occured in the fourth quarter leading to a year end total of 1.7 million square feet of negative absorption Route 128 submarkets, as well as, I-495 submarkets.
  

• 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.