10Y UST5.22%-1.14%30Y MTG7.40%+1.65%SOFR3.87%-0.26%VNQ$90.65+1.45%XLRE$41.61+1.86%FED FUNDS3.88%
Real Estate Trail
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Connect CRE · Boston · Office

Colliers Adds Rachel Bliss to Downtown Boston Leasing Team

Via Connect CRE · October 9, 2026
Compiled by Real Estate Trail Editorial · October 9, 2026

Why this matters

Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. Boston life sciences absorption has moderated from its 2021-2022 pace, and the market is working through a meaningful Cambridge sublease overhang. Multifamily and trophy office remain durable. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
Rachel Bliss has joined the Boston office of Colliers as VP on its Downtown Urban Leasing team. Bliss brings extensive local market knowledge and experience across tenant representation. In her new role, Bliss will ad…
Read the full article at Connect CRE →

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