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Submarket snapshots
 Boston  495/North
 Cambridge  Northwest
 128/Mass Pike  South
 495/Mass Pike

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 Research contacts


Rebecca Herbst
Research Analyst
rebecca.herbst@am.jll.com

Recently viewed:
Key market indicators 12 month forecast
Supply Supply 12,466,731 sf level
Vacancy rate 15.5% level
Availability rate 18.8% level
Under construction
(% preleased)
0 msf (0%) level
Demand Total suburban required s.f. 4,301,800 sf up
YTD net absorption 122,089 sf up
Pricing 12-month overall rent % change 0.3% up
Class A overall asking rent $21.58 psf up
Class B overall asking rent $18.82 psf level

 Featured report

Report cover

North Submarket Report - Q3 2011
Boston Submarket Reports provide in-depth analysis and commentary on the major submarkets in the Greater Boston area.

View report

 Market description


Located along Routes 128, 93 and 1 with direct access to the interchanges of Route 95 and 16, the North market offers a suburban setting proximate to the thriving Boston and Cambridge economies. Once a primarily industrial region, the North now has a more diverse cluster of service and technology companies as well. Additionally, Boston’s North suburbs allow area businesses to benefit from Greater Boston’s and well as Southern New Hampshire’s diverse and highly educated labor pools. The North market consists of the following towns: Beverly, Danvers, Everett, Lynnfield, Malden, Medford, North Reading, Peabody, Reading, Saugus, Somerville, Stoneham, Wakefield, Wilmington, Winchester, and Woburn

 

 Leasing contacts

Brooks Murphy
Senior Vice President
+1 617 316 6480
Brooks.Murphy@am.jll.com

Peter Richardson
Senior Vice President
+1 617 531 4173
Peter.Richardson@am.jll.com

Brian Morrissey
Vice President
+1 617 316 6487
brian.morrissey@am.jll.com

 

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