Absorption of office space in Boston 2022, by district
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.
