
Flexible Workspace Surge in Boston Defies Traditional Office Slump
Boston's coworking sector is outpacing national growth as high office vacancies create room for flexible space operators serving the city's innovation economy.

Boston's coworking sector is outpacing national growth as high office vacancies create room for flexible space operators serving the city's innovation economy.

AI sales platform Clay signs a 163,000-SF, 10-year lease at SL Green's 11 Madison Avenue, relocating its HQ within Manhattan.

BXP included digital property rights in its $132M sale of a 409,000 SF Needham, MA office campus, a potential first for commercial real estate.

Premier Fence acquired a 25.8-acre, four-building campus at 370 Wareham St. in Middleborough, MA, backed by $11.7M in MassDevelopment bond financing.

NRG Energy is relocating its corporate headquarters to downtown Houston in one of the city's more significant recent headquarters moves in the office market.

Law firms leased 10.7 million square feet of U.S. office space in 2025, up from 7.7 million in 2023, as the legal sector outpaces other industries in office demand.
Law firm office leasing hit 10.7 million sq ft in 2025, up from 7.7M in 2023, as legal tenants lead the national office market recovery.

386 Park Avenue South secures 65,600+ SF in new leases with Primary Ventures, Sigma Computing, Modern FL, and Industrious in NoMad.

Newmark beat Q4 earnings estimates with 68 cents per share versus the 66-cent Wall Street consensus, even as its stock dipped amid AI disruption concerns.

Colliers adds Corey Horowitz as SVP for its tri-state region, bringing 20-plus years of office leasing expertise from Mohr Partners.

Empire State Realty Trust completed its shift to an all-NYC portfolio in Q4 2025, reporting 90.3% occupancy and over 1 million sq ft of new leases signed for the year.

Plano City Council approved a $20M incentive package for AT&T's $1.35B headquarters campus at 5400 Legacy Drive, with partial occupancy targeted for 2028.