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Market Information

Market Description


Boston

 

Downtown
Boston

  • A compact, pedestrian oriented. Walk anywhere within 10 minutes
  • 40 million square feet in
  • Many A, B buildings and towers are here.
  • Best subway and train access

Back Bay

  • 10 million square feet
  • Mixed use area with high end retail, numerous hotels, Hynes convention center, and nearby residential area.
  • Accessibility to Green line subway
  • Boston Common and Public Garden are its landscaping jewels

Ft. Point / Seaport

  • Industrial mill rehabs predominate in Ft. Point area
  • Seaport district consists of 1,000 acres of land and obsolete buildings
  • Area plans include massive re-development
  • World Trade Center, Bostons new convention center, will start construction soon.
  • Lacks public transportation.

Cambridge

Located across Charles River from Boston, it is the home of Harvard University and MIT (Massachusetts' engines of prosperity). Three distinct sub markets are:
East Cambridge  Mid-Cambridge  Alewife

East Cambridge

  • Concentration of high tech firms, many start-ups
  • Appeal of the area is walking distance to MIT
  • Accessible by Red Line

Mid-Cambridge

  • Harvard Square - Central Square
  • Low rise buildings
  • Retail with limited amount of office
  • Accessible by Red Line subway

Alewife

  • Public transportation at the terminus of Route 2 limited access highway makes this location half urban and half suburban
  • Accessible by Red Line subway

128 Suburbs

  • Route 128 (or Rt. 95) the circumferential highway 10 miles from downtown Boston
  • Predominantly first class office usage
  • Pockets of industrial / distribution facilities at northern and southern ends
  • Three distinct sub markets are:
    West  Northwest  South

West

  • Central location & most egalitarian commute (equally congested from all directions)
  • Closest to executive bedroom communities
  • Accessibility via Mass Pike and Rt. 128
  Available Space
Office R&D Industrial
Allston      
Brookline      
Framingham      
Natick      
Needham      
Newton      
Waltham      
Watertown      
Wayland      
Wellesley      
Weston      

Northwest

  Available Space
Office R&D Industrial
Bedford      
Billerica      
Burlington      
Concord      
Lexington      
Lincoln      
Malden      
Medford      
Wakefield      
Woburn      

South

  • Subway access to Quincy office areas
  Available Space
Office R&D Industrial
Avon      
Braintree      
Bridgewater      
Brockton      
Canton      
Dedham      
Easton      
Hanover      
Hingham      
Milton      
Norwell      
Norwood      
Quincy      
Randolph      
Sharon      
Stoughton      
West Bridgewater      
Westwood      
Weymouth      

495 Suburbs

  • The circumferential highway 25-30 miles from Boston
  • Predominant uses include high tech headquarters, larger R&D / flex buildings, and distribution in southern sector

West

  Available Space
Office R&D Industrial
Acton      
Bolton      
Boxborough      
Holliston      
Hopkinton      
Hudson      
Littleton      
Marlborough      
Maynard      
Northboro      
Southborough      
Sudbury      
Westborough      

North

  Available Space
Office R&D Industrial
Andover      
Billerica      
Chelmsford      
Lawrence      
Lowell      
Methuen      
No. Andover      
No. Reading      
Tewksbury      
Tyngsboro      
Westford      
Wilmington      

South

  Available Space
Office R&D Industrial
Bellingham      
Foxboro      
Franklin      
Mansfield      
Middleboro      
Milford      
Norton      
Walpole      
Taunton      
Wrentham      

Map

Market Vacancy Report

Market Commentary


Corporate Facilities Group LLC 10 Fawcett Street Cambridge, MA 02138
Tel: 617-876-8711 Fax: 716-491-8727
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