2009 Q3 Market Viewpoint
The overall vacancy rate increased from 17.6% to 18.0% during the quarter as total occupied space decreased by 640,000 square feet. This represents the fifth consecutive quarter of net negative absorption and nearly 4 million square feet of negative absorption year-to-date.

2009 Q2 Market Viewpoint
The overall vacancy rate in the greater Boston office and R&D markets increased two percentage points during the first half of 2009—from 15.6% to 17.6%—as 3.2 million square feet of negative absorption was recorded.

2009 Q1 Market Viewpoint
The overall vacancy rate in the greater Boston office and R&D markets increased from 15.5% to 16.5% during the quarter as 1.7 million square feet of negative absorption was recorded.

2008 Q4 Market Viewpoint
The leasing markets managed to hold their own for much of 2008, although conditions deteriorated in the latter half of the year. Net negative absorption of nearly 600,000 square feet was recorded across all submarkets, representing the first year of negative absorption since 2002.

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