"Suburban office availability fell to 18.8%, down 130 basis points year over year, reflecting gradual improvement as tenants begin to absorb existing space."

"Cypress Creek has emerged as a leader in office occupancy growth over the past 12 months, with several properties recording strong tenant activity."

"Leasing activity gained momentum this quarter, led by Blitzy’s and Anthropic’s leases at 1 Kendall Square, signaling a growing artificial intelligence presence in Cambridge’s office market."

"Availability rates remained elevated, increasing slightly to 24.0% in Q3 2026 and up by 80 basis points year over year."

"Leasing neared 3.0 million square feet (msf) year to date, up 28.0% year over year. Q3 volume eased from Q2, but was still 25.0% above the fiveyear quarterly average, signaling sustained demand."

"Strong pre-leasing activity at major office developments signals sustained tenant demand, although varying commitment levels are placing upward pressure on availability rates."

"Asking rents rose 1.8% year over year to $31.35 per square foot (psf), while Class A rents increased 3.0% to $34.56 psf, reflecting continued demand for high-quality space."

"Availability declined 280 basis points year over year to 18.6% in Q3, signaling improving market conditions amid sustained reductions in available space."

"Leasing cools in Q3 after a record-setting four-quarter run"