Full and original article posted on Telegram.com
WORCESTER — Occupancy rates for downtown office space are on the rise, according to a report by the Worcester Regional Research Bureau.
The Research Bureau’s report on downtown office space released Thursday afternoon is the first since a 2011 document that showed declining occupancy. Unlike the 2011 data, the current report indicates a positive, upward trend in occupancy in office space in the central business district.
“Worcester has changed substantially since the last report in 2011, and the downtown area is literally and figuratively at the center of that change,” WRRB Executive Director and CEO Paul Matthews said. “Available office space may seem like a simple concept, but it is a core part of the city’s business attraction and retention strategies, and tracking its status is key to tracking the health of the city as a whole.”
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