2021 Q2 Market Reports Now Available

The 2021 Q2 Market Reports for the industrial, retail and office markets in Boston are now available.

INDUSTRIAL MARKET OVERVIEW

TY JANNEY, Managing Principal

With a vacancy rate of 4.5%, the lowest in 10+ years, Boston’s industrial market continues to soar with a 1M SF net increase in 12 mo. net absorption. These values explain the consistent growth in the market with increasing GMP conversion and high demand for “last mile” distribution. Read full report here.

OFFICE MARKET OVERVIEW

ERIC SOLEM, Managing Principal/President

Evidenced by the slight increase in vacancy to 9.7%, the office market lingers despite the reopening of Boston on June 1st from the pandemic. Read full report here.

RETAIL MARKET OVERVIEW

ROBERT ELMER, Managing Principal

As restrictions eased in Boston in the beginning of June, the retail market experienced a positive response across the board. Tenants had clearly anticipated this response. Read full report here.

For more market insights, visit our RESEARCH page.