Full and original article posted on Worcester Business Journal
A new report gives a rare picture into downtown Worcester’s office market.
A dozen major office buildings with more than 1.5 million square feet of space between them have a vacancy rate of 12%, according to a study released Thursday by the Worcester Regional Research Bureau.
That puts the market behind Greater Boston’s, which averaged 10.2% vacancy in the fourth quarter of 2019, but ahead of much of MetroWest, as reported in December by the Boston real estate firm Perry.
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