Demand for office space in Boston appears to be on the rise. The number of tenants actively looking for office space in Boston reached 460 last month, according to office leasing platform VTS, the highest level since June 2021. Those tenants have requirements totaling 6.5M SF, an 8% increase from one month earlier, according to VTS. The 824K SF of new tenant requirements that entered the market in May was 50% above the monthly average from 2021 to 2023. 
"The encouraging thing about what we're seeing in Boston is we are seeing a fair amount of small-tenant demand growth," VTS Vice President of Investor Research Max Saia said."We have found that more substantial then sustained recoveries occur in a market when there's a lot of demand coming from that small to… Read the full story here. | 
