Lease rates for this deal were not available, but the averageasking rent for office space in Waltham is about $22 per sf,although sublease deals tend to command a lower than average rate.Excess sublease space continues to drive some of the local officemarket's vacancies. According to Trammell Crow Co.'s most recentstatistics, the overall availability rate for the area, whichincludes both direct and sublease space, is at 35%. The vacancyrate for just direct space is at 24%.
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