The Industrial vacancy rate in the Boston market area decreased to 10.9% at the end of the second quarter 2012. The vacancy rate was 11.1% at the end of the first quarter 2012, 11.0% at the end of the fourth quarter 2011, and 11.3% at the end of the third quarter 2011.
Flex projects reported a vacancy rate of 13.6% at the end of the second quarter 2012, 13.9% at the end of the first quarter 2012, 13.6% at the end of the fourth quarter 2011, and 13.7% at the end of the third quarter 2011.
Warehouse projects reported a vacancy rate of 9.9% at the end of the second quarter 2012, 10.1% at the end of first quarter 2012, 10.0% at the end of the fourth quarter 2011, and 10.5% at the end of the third quarter 2011.
The information in this news report is based on CoStar’s Second Quarter 2012 Market Report, a 40-plus page comprehensive research report available to CoStar subscribers. To learn more about quarterly research reports and other benefits available to CoStar subscribers, please call 1-877-694-2177.