Industrial Real Estate News
Industrial Sale Stats
Malden/Medford Submarket Year In Industrial Review
Burlington/Woburn Submarket Year In Industrial Review
Industrial Sector Remains Undeterred Despite Economic Slowdown
Despite elevated levels of new supply coming online over the past few years, the continued demand for industrial space is keeping market fundamentals healthy across the U.S. The national average rent for in-place leases stood at $7.12 per square foot in February,...
Industrial Outdoor Storage Can Be A Siren Song, And The Inexperienced Should Beware
Investors today are finding it difficult to resist the siren song of industrial outdoor storage, that alluring array of fenced-in parking lots for trucks. Read more
Boynton Yards Celebrates Topping Off of 808 Windsor Street in Somerville
SOMERVILLE, MA— DLJ Real Estate Capital Partners (DLJ RECP), Deutsche Finance Group (DFG), Leggat McCall Properties (LMP), and Shawmut Design and Construction were joined by Somerville Mayor Katjana Ballantyne to commemorate the steel topping off milestone at 808...
This Week’s Boston Deal Sheet
Wynn Resorts completed its $25M purchase of a major portion of the Mystic Generating Station, leading some to speculate there are future plans to bring a long-awaited soccer stadium to the area.Read more
Industrial Real Estate Market’s New Demand Driver Changing Space Requirements
Industrial became the belle of the commercial real estate ball after the pandemic supercharged e-commerce demand and led Amazon to accelerate its already-voracious warehouse expansion. But that party couldn't last forever.Read more
Single-Tenant Net Lease Sales Down 25%
Reduced 1031 exchange capital, reticence of institutional buyers to pull the trigger on acquisitions and rising borrowing costs have combined to cause single-tenant net lease sales volume to experience a larger decline than all asset types together.Read more
The Davis Cos. acquires 122,000 s/f biomanufacturing facility and 15.5 acre parcel
Smithfield, RI The Davis Companies (Davis) has acquired an improved, 122,000 s/f biomanufacturing facility at 100 Technology Way. The acquisition also includes a vacant 15.5-acre development parcel with master plan approvals for an additional biotech manufacturing...
The Boston Commercial Real Estate Market
The Greater Boston industrial market closed out in 2022 with solid fundamentals despite macroeconomic challenges. Leasing activity ended the year with 1.7 million square feet of positive net absorption, and rents saw a 12.3% increase. Several properties were delivered...
First Round Of CHIPS Act Funding Unlocks $39B For Manufacturing Of Semiconductors
Billions of dollars in federal incentives have been unlocked for manufacturers of semiconductors under the goverments newley minted CHIPS Act.Read more
R.W. Holmes Announces 100% Occupancy of 135,000-SF Industrial Building in Woburn
WAYLAND, MA–R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, announced that Electric Supply Center has leased an additional 18,634 SF of industrial space at 205 Wildwood Ave, Woburn,...