CRES Stats | Week Ending 1.29.21 : (sublease & direct – in all cases temp space excluded) from Mass Ave to the Seaport, South End to North Station.

• 62 spaces hit the market as available in the subject area in the last 14 days, equating to ~235,000 SF;
• 63 spaces (over 1,000 SF) came off the market equating to ~144,000 SF;
• Much of the space was new sublets coming on and many sublets converting to direct space;
• What is the market that we’re tracking noted above?  It’s about 62MM square feet;
• The current availability rate is ~15.8MM SF, or about 14.3% total availability.