The Boston Industrial Market ended the first quarter 2007 with a vacancy rate of 14.0%. The vacancy rate was down over the previous quarter, with net absorption totaling negative (372,531) square feet in the first quarter.
Net absorption for the overall Boston Industrial Market was negative (372,531) square feet in the first quarter 2007. That compares to negative 2,354,241 square feet in the fourth quarter 2006, positive 1,851,319 square feet in the third quarter 2006, and negative 453,929 square feet in the second quarter 2006.
The Industrial vacancy rate in the Boston market area decreased to 14.0% at the end of the first quarter 2007.
- The average quoted asking rental rate for Industrial space was $6.82/s.f. The average quoted rate within the Flex sector was $9.74/s.f., while Warehouse rates stood at $5.77



The Stubblebine Company is a commercial real estate firm seeking Win/Win real estate brokerage opportunities in the northwest Boston, Central Massachusetts, and Southern New Hampshire areas.

     It is a character-based firm seeking to serve through putting others first and following biblical precepts in all customer interactions.

     Founded in 1987 on principles of character and hard work, we are committed to our philosophy that life is a cooperative venture resting on integrity, maturity of thought and an abundance mentality.

     The Stubblebine Company is a partnership of individuals who are developing and exercising special strengths in real estate service.

     The Stubblebine Company was ranked by CoStar, the region's premier commercial real estate database, among the top 10 in leasing in 2002 and in sales for 2003 based on total aggregate transaction volume.

 


The Stubblebine Company ranked in the Top 10 for the largest lease signing in the Boston Industrial Marketplace for the year of 2006.                  

      

The Stubblebine Company was ranked by the Boston Business Journal in 2005 as one of the Top 10 Boston area brokerage firms based on total aggregate sales volume for that calendar year.

The Stubblebine Company was ranked by CoStar in 2003 as one of the Top 10 brokerage firms in Boston, based on total sales volume, and as one of the Top 10 real estate companies in 2002 based on total leasing volume. The three principal brokers at the firm received the distinction of being ranked by CoStar among the Top 20 leasing brokers in 2004 based on total aggregate lease transaction volume for that calendar year.

The Stubblebine Company
One Cranberry Hill, Lexington, MA 02421
Telephone (781) 862-6168 | Fax (781) 862-6212