Boston 2010 Real Estate News

Boston Property News

Wednesday, April 9, 2008

Demand for office space stays strong south of Boston

Boston’s southern suburbs have become the most popular new address for corporate tenants in 2008.

The south suburban region led all of Greater Boston’s office markets in newly leased space during the first quarter. Vacancies fell as tenants signed up for more than 184,000 square feet of office holdings during the quarter, according to data compiled by real estate brokerage Jones Lang LaSalle.

“The South Shore continues to get activity from tenants who need big blocks of space and Red Line access,” said James Elcock, an executive vice president at Colliers Meredith & Grew.