Research
For Boston commercial real estate, there is no substitute for accurate and timely market intelligence. Lincoln Property Company’s in-house Appraisal and Research departments advise clients on the constantly changing commercial real estate environment, helping them make quick market decisions, or plan long-term strategy. Please contact us to receive a copy of our marketing materials, or to discuss the Boston commercial real estate market today. Lincoln’s Annual Market Report can be found here or at the bottom of this page.
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Boston / Office
- RSF59,234,969 SF
- Direct Vacancy5.8%
- Total Availability10.9%
- YTD Absorption149,603 SF
- Avg.Rent$47.15/SF
Downtown statistics are a combination of Class A and Class B properties in the following submarkets: Financial District, Back Bay, Mid-Town, South Station, Seaport, North Station, and Charlestown.
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Cambridge / Office and R & D
- RSF17,409,167 SF
- Direct Vacancy10.7%
- Total Availability15%
- YTD Absorption(191,987 SF)
- Avg.Rent$50.32/SF
Cambridge statistics are a combination of Class A and Class B office and lab space in the following submarkets: East Cambridge/Kendall Square, Mid Cambridge/Harvard Square, and Wes Cambridge/Alwife. Office consists of 10K SF and Lab 7.5K SF in Cambridge.
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Suburban / Office
- RSF77,131,869
- Direct Vacancy12.9%
- Total Availability17.9%
- YTD Absorption815,609 SF
- Avg.Rent$23.63/SF
Suburban office statistics are reflective of Boston suburban communities that hold a strong commercial office space presence, which extends up to the New Hampshire border, down to the Rhode Island border, as far west as Worcester and as far east as Plymouth.
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Suburban / Industrial
- RSF155,183,906 SF
- Direct Vacancy12.0%
- Total Availability16.7%
- YTD Absorption(654,610 SF)
- Avg.Rent$5.78 NNN
Suburban industrial statistics are reflective of Boston suburban communities that hold a strong commercial industrial space presence, which extends up to the New Hampshire border, down to the Rhode Island border, as far west as Worcester and as far east as Plymouth.
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