Boston posted back-to-back quarters of positive absorption for the first time since 2019 as vacancy fell to 23.6 percent.
Boston Office Market Dynamics - Q3 2026
About this report
This report is produced quarterly by JLL Research and covers office real estate market conditions in the Greater Boston area during the third quarter of 2026 (July 1 to September 30, 2026). It tracks net absorption, vacancy, leasing activity, asking rent, concessions and development pipeline.
The full report includes additional detail on CBD and suburban submarket activity and a historical supply-and-demand data series. Download the full PDF below, and explore JLL's U.S. office market dynamics report for the national context behind Boston's numbers.
For additional context on findings in the latest report, download the prior Q2 2026 Boston office market dynamics report.
Report released July 27, 2026 and authored by Bryan Montgomery, research manager, JLL Research.