MetroWest495 Biz

MetroWest495 Biz | October 2015 9 Out About & Event: Mega Young Professional Joint Business After Hours Hosted by: Area chambers of commerce Date: Thursday, Oct. 8 Location: Tower Hill Botanic Garden, Boylston 3 2 1 Young Professionals Mega Networking 1 Bernardo Hernandez, GOIS Broadcasting; Connell McNamara, Oasis Financial Services; Javier Melendez, PROforma 2 Sheena Gorson, TD Bank; Katelin Cwieka, Avidia Bank; Alyicia Lynch, Premium Cabinet Wholesalers 3 Young professionals from the Corridor Nine Chamber of Commerce, the Marlborough Regional Chamber of Commerce, the MetroWest Chamber of Commerce, the Nashoba Valley Chamber of Commerce and the North Central Massachusetts Chamber of Commerce, gathered for a Young Professionals Mega Networking Event. BY THE NUMBERS n Largest commercial tax levies in MetroWest, 2014 Source: New England Business Media research department Source: Transwestern|RBJ OfficeStatUs second quarter 2015. *Quarter ended June 30 Framingham Marlborough Natick Westborough Milford Acton Hudson Shrewsbury Northborough Franklin $48.15M $22.78M $18.51M $10.62M $9.88M $5.97M $5.56M $4.68M $4.67M $4.44M n I-495 Commercial Office Market highlights, Q2 I- 495 West Inventory Absorption Growth, LTM Total vacancy Average Class A asking rent 16.7 million square feet 1.4 million square feet 2% 20.1% $22 per square foot Inventory Absorption Growth, LTM Total vacancy Average Class A asking rent 15.6 million square feet 91,000 square feet 0.1% 22% $20.86 per square foot I- 495 North Inventory Absorption Growth, LTM Total vacancy Average Class A asking rent 2.6 million square feet 7,000 square feet* 3.7% 9% $21.08 per square foot I- 495 South Growth, LTM 2% Growth, LTM 0.1% Growth, LTM 3.7%

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