In this video Jeremy Cyrier from MANSARD will be giving an update on the year-end numbers for 2022 for office, retail, flex and industrial sales in the greater Boston area.
MANSARD has pulled together all of the trades that happened in Rockingham, Essex, and Middlesex Counties, valued between $1M and $100M in 2022. In this video Jeremy is going to show you some data, charts, and market cycle trend information. We hope you enjoy it, and if you do, please give us a thumbs up, subscribe to our channel.
“So the result is a corresponding competitive situation where the pricing is being bid the retail market, let’s take a look at the volume. 2022 is a busy year for retail. They’re about 350 trades last year. Quite a bit of activity. It’s interesting to see this volume going through the market, but also seeing the average price per square foot showing signs of weakening. So we do see that the market for retail is strong in Boston. I think we’ll continue to see ongoing interest in that market this year. And with the market being forecast to maintain at peak level through the year, I think it’s going to be a pretty good year for retail.”
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