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Boston Properties CEO Says 'Commercial Real Estate Markets Are Currently in a Recession'

One of Nation’s Largest Office Landlords Sees Companies Halting Expansions, Offloading Space
Boston Properties will soon break ground on an office campus at 290 Binney St. in Cambridge, Massachusetts, that is fully leased to AstraZeneca. (Boston Properties)
Boston Properties will soon break ground on an office campus at 290 Binney St. in Cambridge, Massachusetts, that is fully leased to AstraZeneca. (Boston Properties)
CoStar News
February 2, 2023 | 12:04 AM

There's plenty of debate over whether the United State's economy is nearing a recession, but for one of the nation's largest office landlords, there's no doubt the commercial real estate market is already there.

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