The Downtown Boston Office Market continues to be strong as firms seek better value options than the high-priced Seaport or Back Bay submarkets. Pricing in the Class B market is still in the low-to-mid $30’s PSF downtown, while the Seaport has pushed into the low to mid $40’s.

B&T recently reported that “the popularity of the Seaport and Back Bay, where office building vacancy rates have been at historical lows in recent months, has been a boon to the city’s traditionally staid, button-down financial center, where younger and tech-related firms have opened up shop.”

Additional information is available on the Banker & Tradesman website.