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

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

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Recently viewed:
Key market indicators 12 month forecast
Supply Supply 13,696,335 sf level
Vacancy rate 14.3% level
Availability rate 20.7% down
Under construction
(% preleased)
0 msf (0%) level
Demand Total suburban required s.f. 3,604,562 sf up
YTD net absorption 163,290 sf up
Pricing 12-month overall rent % change 0.7% up
Class A overall asking rent $23.69 psf up
Class B overall asking rent $20.98 psf level

 Featured report


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

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 Market description


Located along the Route 2 and Route 3 corridors from Route 128, Boston’s inner beltway, out to just before Route 495, the Norwest submarket has historical been a hotbed for established high technology and defense companies and new emerging start-ups. Burlington anchors this submarket and Lexington, Bedford and Billerica are other towns with significant commercial space. High profile companies including Sun Microsystems, Oracle, Raytheon, Instrumentation Laboratory, and RSA Security call this submarket home, and benefit from its easy access into Boston and Cambridge, as well as the amenity rich environment including the Burlington Mall retail area. 

 

 

 

 Leasing contacts


Tamie Thompson
Managing Director 
+1 617 531 4112
Tamie.Thompson@am.jll.com  

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

   
Tyler Spring
Vice President 
+1 617 531 4142
tyler.spring@am.jll.com  

Mark McLean
Associate  
+1 617 531 4228
mark.mclean@am.jll.com  

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