Spurred by the availability of low-cost capital, Boston office sales volume reached an all-time high in 2021 with $12.4 billion in transactions. This surge in investment sparked a sharp run-up in pricing, which peaked in the fourth quarter of the same year at $479 per square foot.
Boston office sales dry up even as pricing drops to 10-year low
Initial first-quarter sales data shows pricing has dropped below $350 per square foot for the first time in a decade
CoStar Analytics
March 18, 2025 | 2:48 P.M.
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IN THIS ARTICLE
- Properties
- One Congress
1 Congress St, Boston, MA
- Companies
- Alexandria Real Estate Equities, Inc.
Real Estate
- BioMed Realty
Real Estate
- Norges Bank
Finance and Insurance