Office construction in the Hub has picked up dramatically: "The amount of office space under construction rose to 1.6 million square feet in the area during the last three months of the year, an eightfold increase from the low the market hit at the beginning of 2011, according to the Boston commercial real estate firm Richards Barry Joyce & Partners. The firm’s figures show that development of new office buildings has become much less speculative, with 100 percent of the space under construction already committed to tenants." [Globe]
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