{"id":925861,"date":"2026-01-09T09:49:51","date_gmt":"2026-01-09T14:49:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market\/"},"modified":"2026-01-09T09:49:51","modified_gmt":"2026-01-09T14:49:51","slug":"costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market\/","title":{"rendered":"CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market<\/b><\/p>\n<p>ARLINGTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nU.S. office leasing activity rose 5% year over year, with Boston reporting the highest growth in the metric, according to year-end data from <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com%2F&amp;esheet=54392244&amp;newsitemid=20260109610358&amp;lan=en-US&amp;anchor=CoStar&amp;index=1&amp;md5=e89bf441b5c5860f3948f2de4fa9f040\">CoStar<\/a>, the leading global provider of online real estate marketplaces, information and analytics in the property markets.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260109610358\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260109610358\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260109610358\/en\/2686602\/4\/Office_leasing_activity_2025.jpg\" alt=\"Office Leasing Activity 2025\" \/><\/p>\n<p style=\"font-size:85%\">Office Leasing Activity 2025<\/p>\n<\/div>\n<p>\nOffice tenants signed for an estimated 410 million square feet of space in 2025 \u2013 an increase from 2024, when leasing volume fell to its lowest level in 15 years (excluding 2020).<\/p>\n<p>\nAdditionally, the year closed with three consecutive quarters of volume exceeding 100 million square feet \u2013 a first since the opening three quarters of 2022.<\/p>\n<p>\nThese figures reflect new office leases executed during 2025, including an estimate of those executed during the year but not yet recorded by CoStar research. Renewal leases are not included.<\/p>\n<p>\n\u201cDespite the rebound in 2025, leasing activity has yet to return to the level seen in the late 2010s,\u201d said Phil Mobley, national director of office analytics at CoStar Group. \u201cWhile transaction activity is near its all-time high, with approximately 30,000 lease deals last year, the average lease size was roughly 3,500 square feet \u2013 more than 15% smaller than the five-year pre-pandemic average.\u201d<\/p>\n<p>\nAt the market level, Boston saw the largest year-over-year growth in leasing activity (+52%), which lifted annual volume to its pre-pandemic five-year average. San Jose and San Francisco followed with a 40% gain in the metric, likely driven largely by demand from AI firms.<\/p>\n<p>\nMarkets with declines in leasing activity include Seattle, Atlanta, Houston and Philadelphia.<\/p>\n<p>\nThe full analysis can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.costar.com%2Farticle%2F1122179905%2Fus-office-leasing-increases-5-in-past-year&amp;esheet=54392244&amp;newsitemid=20260109610358&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=f817815a2450fda2343e340ed7af4dd1\">here<\/a>.<\/p>\n<p>\nFor more information about the company and its products and services, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com&amp;esheet=54392244&amp;newsitemid=20260109610358&amp;lan=en-US&amp;anchor=costargroup.com&amp;index=3&amp;md5=714211a3caa6a31c03f356d9f9b5ae24\">costargroup.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About CoStar Group<\/span><\/b><\/p>\n<p>\nCoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world\u2019s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.<\/p>\n<p>\nCoStar Group\u2019s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group\u2019s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.<\/p>\n<p>\nCoStar Group\u2019s websites attracted over 141 million average monthly unique visitors in the third quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam04.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.costargroup.com%252F%26data%3D05%257C02%257Ckcapova%2540str.com%257C5c7d5fa16d1f492b629108dd711cdcdd%257C9a64e7ca363f441c9aa74f85977c09f1%257C0%257C0%257C638791090977538834%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DzTGAkD6jkqwLHG5sxi4cxjyWf4Kr6%252Fa1GJmsgxQJhCo%253D%26reserved%3D0&amp;esheet=54392244&amp;newsitemid=20260109610358&amp;lan=en-US&amp;anchor=CoStarGroup.com&amp;index=4&amp;md5=f36c1faff91aa1a1679076f8b3b8de77\">CoStarGroup.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260109610358r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260109610358\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260109610358\/en\/<\/a><\/span><\/p>\n<p><b>News Media Contacts<br \/>\n<\/b><br \/>Haley Luther<br \/>\n<br \/>Senior Communications Manager<br \/>\n<br \/>(216) 278-0627<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:hluther@costar.com\">hluther@costar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Virginia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Data Analytics Other Professional Services Other Construction &amp; Property Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260109610358\/en\/2686602\/3\/Office_leasing_activity_2025.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Office Leasing Activity 2025<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260109610358\/en\/2686600\/3\/costar-brand-thumbnail-V1_2.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; U.S. office leasing activity rose 5% year over year, with Boston reporting the highest growth in the metric, according to year-end data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260109610358\/en\/ Office Leasing Activity 2025 Office tenants signed for an estimated 410 million square feet of space in 2025 \u2013 an increase from 2024, when leasing volume fell to its lowest level in 15 years (excluding 2020). Additionally, the year closed with three consecutive quarters of volume exceeding 100 million square &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-925861","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; U.S. office leasing activity rose 5% year over year, with Boston reporting the highest growth in the metric, according to year-end data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260109610358\/en\/ Office Leasing Activity 2025 Office tenants signed for an estimated 410 million square feet of space in 2025 \u2013 an increase from 2024, when leasing volume fell to its lowest level in 15 years (excluding 2020). 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260109610358\/en\/ Office Leasing Activity 2025 Office tenants signed for an estimated 410 million square feet of space in 2025 \u2013 an increase from 2024, when leasing volume fell to its lowest level in 15 years (excluding 2020). Additionally, the year closed with three consecutive quarters of volume exceeding 100 million square &hellip; Continue reading \"CoStar data shows office leasing activity rose 5% in 2025; Boston ranked as top growth market\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market\/","og_site_name":"Market Newsdesk","article_published_time":"2026-01-09T14:49:51+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260109610358\/en\/2686602\/4\/Office_leasing_activity_2025.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-office-leasing-activity-rose-5-in-2025-boston-ranked-as-top-growth-market\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CoStar data shows office leasing activity rose 5% in 2025; 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