Greater Boston Office Space Costs Firms a Pretty Penny
Average Asking Rents on Rise Throughout Region; Largest Increase Found in City’s Back Bay Market
By Thomas Grillo
Pay up. Office space is getting more expensive. Average asking rents have increased 14 percent in the suburbs, 46 percent in Boston and a whopping 48 percent in Cambridge compared to last year, according to third-quarter data from Jones Lang LaSalle.
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