Boston's office market continued to struggle this year with slow leasing activity and rising vacancy, but the city still landed a series of headline-grabbing deals that have given office players confidence in the market's future. As of this week, Greater Boston has recorded 5.2M SF of office leasing volume this year, roughly half of 2022's total, according to new data from Cushman & Wakefield. Cushman & Wakefield shared with Bisnow a list of the largest office leases signed in the Boston area this year. C&W Vice Chairman Michael Joyce said that although the overall level of leasing activity has been down, these deals paint a brighter picture for the future of Boston's office market. "I think this shows really good signs of what the market is and is going to be in the future," he said. The largest leases are a mix of new leases, renewals and subleases mostly centered in Boston's financial district, which saw over 20% vacancy in the third quarter, according to C&W, and the Back Bay neighborhood. The biggest lease of the year came from MFS Investment Management, which signed a 300K SF renewal at Boston Properties' 111 Huntington Ave. five years before its lease was set to expire. "Tenants still want to be here," C&W Senior Research Manager Riley McMullan said. "They still want to be in downtown Boston. We're not slipping into a doom loop, and it's just an encouraging sign for the market." 1. MFS Investment Management 
Address: 111 Huntington Ave., Back Bay Size: 300K SF Type: Renewal Landlord: Boston Properties The investment manager had a lease scheduled to expire in 2028, but in September it signed a renewal deal to extend it by another 10 years, the Boston Globe reported. The company has more than… Read the full story here. | 
