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Franklin Street Properties Struggles To Fill Vacancies Fueled by Mounting Lease Expirations

Occupancy Across Massachusetts Landlord’s Portfolio Falls Further As Tenants Offload Unwanted Space
Occupancy at Franklin Street Properties' 1999 Broadway tower in downtown Denver has fallen to less than 50%. (CoStar)
Occupancy at Franklin Street Properties' 1999 Broadway tower in downtown Denver has fallen to less than 50%. (CoStar)
CoStar News
July 31, 2024 | 10:20 P.M.

There's a growing cohort of office landlords across the country pointing to signs of a strengthened rebound. Some, however, are struggling against a tide of lease terminations as they look to backfill space left behind by tenants prioritizing space elsewhere.

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