Skip to main content Skip to footer

2020 Q3 Industrial Viewpoint Report Boston Colliers

Download Report

The Greater Boston Industrial market continues to buck the trend of office, posting another up quarter in Q3. With solid absorption, continued development, and sustained rental rates, industrial joins lab as the top performing asset classes in the region. E-commerce users have driven growth in the market through 2020 and have been bolstered by life science demand. 3PL and e-commerce operations have shown a constant demand for space in the market having targeted new high clear height development as well as conversions of older product, this has caused much of the new product to lease up prior to delivery which has kept vacancy low and the market competitive. The ever present and ever growing life science industry in Greater Boston has been expanding demand beyond traditional office and lab space having new requirements for GMP space and being highly competitive for properties with sewer access and updated utility infrastructure. With a growing demand base and largely committed development pipeline, the industrial market continues to build on its fundamentals and cement itself as a top preforming asset class.

Industrial Viewpoint_Q3 2020_cover



Industrial Viewpoint Q3 2020  News Card

2020 Q3 Industrial Viewpoint Report Boston Colliers

Download Report