The absorption of office space in Boston in the second quarter of 2022 varied significantly by district. The net absorption of office real estate saw negative values in some districts. This means that more space was vacated or supplied than absorbed. Boston's Downtown District office market had more than 304 thousand square feet that were available but unoccupied or vacated by the second quarter of 2022. Back Bay district had over 324 thousand square feet of available space in the same period making it the district with the lowest office absorption in Boston at the time.
Absorption of office space in Boston in the 2nd quarter 2022, by district (in 1,000 square feet)
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Statistics on Office real estate in the United States
Overview
8
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Manhattan
6
- Premium Statistic Average asking rent for office space in Manhattan in Q4 2022, by district
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Boston
5
- Premium Statistic Average direct asking rent for office space in Boston 2022, by district
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- Premium Statistic Absorption of office space in Boston 2022, by district
San Francisco
5
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Inland Empire
3
- Premium Statistic Supply of office space in Inland Empire West, California Q2 2022-Q4 2022, by district
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Hybrid working model
5
- Premium Statistic Hybrid work willingness according to C-suite and non-C-suite employees U.S. 2021
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Colliers International. (July 14, 2022). Absorption of office space in Boston in the 2nd quarter 2022, by district (in 1,000 square feet) [Graph]. In Statista. Retrieved January 28, 2023, from https://www.statista.com/statistics/605631/office-space-absorption-boston-by-district/
Colliers International. "Absorption of office space in Boston in the 2nd quarter 2022, by district (in 1,000 square feet) ." Chart. July 14, 2022. Statista. Accessed January 28, 2023. https://www.statista.com/statistics/605631/office-space-absorption-boston-by-district/
Colliers International. (2022). Absorption of office space in Boston in the 2nd quarter 2022, by district (in 1,000 square feet) . Statista. Statista Inc.. Accessed: January 28, 2023. https://www.statista.com/statistics/605631/office-space-absorption-boston-by-district/
Colliers International. "Absorption of Office Space in Boston in The 2nd Quarter 2022, by District (in 1,000 Square Feet) ." Statista, Statista Inc., 14 Jul 2022, https://www.statista.com/statistics/605631/office-space-absorption-boston-by-district/
Colliers International, Absorption of office space in Boston in the 2nd quarter 2022, by district (in 1,000 square feet) Statista, https://www.statista.com/statistics/605631/office-space-absorption-boston-by-district/ (last visited January 28, 2023)
Absorption of office space in Boston in the 2nd quarter 2022, by district (in 1,000 square feet) [Graph], Colliers International, July 14, 2022. [Online]. Available: https://www.statista.com/statistics/605631/office-space-absorption-boston-by-district/