Boston Commercial Real Estate refers to the segment of the real estate market in Boston, Massachusetts, that deals with properties intended for business use. This includes a variety of property types such as office buildings, retail spaces, industrial properties, and multifamily residential buildings that are not owner-occupied. The Boston commercial real estate market is influenced by the city’s economic conditions, demand for business space, and local regulations. It encompasses transactions involving the buying, selling, leasing, and management of commercial properties. Boston, being a hub for finance, education, and healthcare, often sees diverse investments in commercial real estate, impacting both local and regional economies. The term also implies the roles of various stakeholders including real estate developers, investors, landlords, and tenants within this market.
Boston-based commercial real estate firm Cresa recently published its annual Market Insights Reports, offering valuable insights and predictions for the region's commercial real estate market beyond 2024. With a reputation…