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Boston office construction slumps to pre-pandemic low

Developers pause new projects as office demand stages a slow recovery
The most recent major office building completed in Boston is South Station Tower. The downtown mixed-use tower developed and owned by Hines totals roughly 690,000 square feet of office space atop New England's busiest rail station and is nearly 20% leased. JP Morgan Chase has long been rumored to be in negotiations to lease around 250,000 square feet and become the building's largest tenant if the lease is finalized. (CoStar)
The most recent major office building completed in Boston is South Station Tower. The downtown mixed-use tower developed and owned by Hines totals roughly 690,000 square feet of office space atop New England's busiest rail station and is nearly 20% leased. JP Morgan Chase has long been rumored to be in negotiations to lease around 250,000 square feet and become the building's largest tenant if the lease is finalized. (CoStar)
CoStar Analytics
February 12, 2026 | 4:34 P.M.

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News | Boston office construction slumps to pre-pandemic low