Did you know that the Boston Common (1634) is the oldest city park in the USA? Its now “only” 50 acres and was purchased from William Blaxton by the Massachusetts Bay Colony for cow pasture; they were banned in 1830 by Mayor Otis! It is the site from where the Red Coats started their march to Lexington & Concord. Its famous iron fences were completed in 1836.
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.
- A flood of 85 spaces hit the market as available in the subject area equating to ~732,000 SF, mostly due to 51958 SF @ 225 Franklin; 66984 SF @ 2 & 3 CP; 60713 SF @ 222 Berkeley; 115329 @ 500 Boylston; 37395 at 226 Causeway;
- 25 spaces cameoff the market equating to ~282,000 SF, mostly due to 18575 @ 101 Arch; 18510 SF @ 100 High; 56626 SF @ 115 Federal;
- Total Availability (direct & sublease) has leapt to its highest level in 2022 at ~17.8 MM SF, substantially higher than the beginning of ‘22.