
That argument came from market leaders at Bisnow's Boston Office and Workplace event on May 19, held at the Blue Sky Center in Burlington. Q1 2026 vacancy ticked up to 18.5% — a number that, taken at face value, looks like a market still in trouble. But Cushman & Wakefield's own data shows that eight of Boston's 19 office submarkets either held steady or improved in the quarter. Class A absorption has been positive for two straight quarters. The 7.6 million square feet of leasing activity in 2025 was the highest since 2022.









