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Colliers Meredith & Grew is pleased to provide a
copy of its First Quarter 2008 Market Viewpoint, including commentary on
trends and significant transactions in the metropolitan Boston real estate
and capital markets. A section is included on each of the following: Boston,
Cambridge, Suburbs, Investment Sales, and Capital Markets.
Leasing fundamentals in the Boston, Cambridge and Suburban Boston office
and R&D markets held steady during the first quarter. Net absorption
across all submarkets was a modest 379,000 square feet. The vacancy rate
remained flat since year-end 2007, at 14.3%, but compares favorably to
the 16.3% vacancy rate at the end of the first quarter 2007.
The volatility in the debt and equity markets has resulted in a notable
slowdown in transaction volume. The current environment favors quality
assets in core locations where leasing fundamentals are the strongest.
In addition to its Market Viewpoint report, Colliers Meredith & Grew
produces a semi-annual Economic Brief, Week In Review (a weekly recap of
market-related news articles) and Interest Rate Tracking reports, as well
as periodic specialized research reports and white papers.
Contact Mary Kelly at 617.330.8057 for more information.
  viewpoint_q1_08.pdf
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