Back
  • Albania Albania
  • Argentina Argentina
  • Australia Australia
  • Austria Austria
  • Belarus Belarus
  • Belgium Belgium
  • Brazil Brazil
  • Bulgaria Bulgaria
  • Canada Canada
  • Chile Chile
  • China China
  • Colombia Colombia
  • Costa Rica Costa Rica
  • Croatia Croatia
  • Czech Republic Czech Republic
  • Denmark Denmark
  • Egypt Egypt
  • Estonia Estonia
  • Finland Finland
  • France France
  • Georgia Georgia
  • Germany Germany
  • Greece Greece
  • Hong Kong Hong Kong
  • Hungary Hungary
  • India India
  • Indonesia Indonesia
  • Ireland Ireland
  • Israel Israel
  • Italy Italy
  • Japan Japan
  • Kazakhstan Kazakhstan
  • Korea Korea
  • Latvia Latvia
  • Lithuania Lithuania
  • Luxembourg Luxembourg
  • Mexico Mexico
  • Montenegro Montenegro
  • Morocco Morocco
  • Myanmar Myanmar
  • Netherlands Netherlands
  • New Zealand New Zealand
  • Norway Norway
  • Pakistan Pakistan
  • Panama Panama
  • Peru Peru
  • Philippines Philippines
  • Poland Poland
  • Portugal Portugal
  • Qatar Qatar
  • Romania Romania
  • Russia Russia
  • Saudi Arabia Saudi Arabia
  • Serbia Serbia
  • Singapore Singapore
  • Slovakia Slovakia
  • South Africa South Africa
  • Spain Spain
  • Sweden Sweden
  • Taiwan Taiwan
  • Thailand Thailand
  • Turkey Turkey
  • Ukraine Ukraine
  • United Arab Emirates United Arab Emirates
  • United Kingdom United Kingdom
  • United States United States
  • Vietnam Vietnam

Disruption 2020 - Q2 2020 Industrial Update

Author: Dion Sorrentino

By Dion Sorrentino | July 2020

Greater Boston’s industrial market has seen sustained strong performance. Tenants are actively looking in all areas of the market, as are developers to match. Here are the major talking points from second quarter stats.

  1. Industrial product saw a net positive absorption of 262,000 SF, this sent vacancy down to 8.6%, a 15-year low.

    Q2Industrial-visual
  2. Aggregate rents have again climbed to the double digits as demand and development push rent to the $10 mark across the market.

  3. Development has picked up from 2019 with over two million SF of industrial space delivered this year with the potential to double by year end.

  4. Amazon is once again the big player accounting for three of the largest leases of the quarter for a combined 864,000 SF of space leased.

  5. E-commerce and logistics continue to be drivers in the tenant market, making up the majority of large leases and requirements. GMP demand from the life-science industry and construction suppliers round out the market for a diverse and robust active requirement base.

Subscribe to Colliers In Focus Blog Posts