Interesting stats from the PAST 14 days: (sublease & direct – in all cases temp space excluded) from Mass Ave to the Seaport, South End to North Station.
- 45 spaces hit the market as available in the subject area equating to ~516,000 SF, mostly due to 30000 SF @ 33 Arch; 65000 SF @ 1 Lincoln; 34250 SF @ 501 Boylston; 45460 SF @ 30 Rowes; 34499 SF at 99 Bedford;
- A paltry 38 spaces cameoff the market equating to ~156,000 SF, mostly due to 46972 SF @ 125 High Street; many smaller (+1000 – 5000 SF) spaces removed as well;
- Largest available blocks of space over 100kSF: 10-20 Channel: 152,000; 601 Congress 492,000; 115 Fed 670,000; 1 PO 318,000;
- Total Availability (direct & sublease) spiked in the period and is now currently at ~18.1 MM SF, the highest since the last downturn.