Boston's office market had appeared to be slowly recovering in early 2022, but as economic conditions continued to worsen in the second half of the year, the level of vacancy in the city rose to a new record high. Total availability in the Boston office market reached 17.4% at the end of December, a new all-time high that surpassed the vacancy rate seen during the dot-com bust of 2001, the Great Recession and the height of the pandemic, according to Colliers' fourth-quarter market report. 
"In the new year, many landlords will be anxiously awaiting the next recovery, whereas tenants may be well positioned to take advantage of favorable leasing conditions,” Colliers Research Director Jeff Myers said in an email to Bisnow. Boston recorded 369K SF of negative office absorption in the fourth quarter…  Read the full story here. | 
