Industrial Q1 Update
The U.S. industrial sector’s momentum carried over into 2021, setting a new absorption record of 109.6 million square feet in Q1, 83% higher than one year ago.
National Office Q1 Update
Despite turning the page on a new calendar year, the U.S. office market continued to resemble that of the last half of 2020.
Q1 RCA Volume
March to March comparisons show an 11% volume increase; however, preliminary first quarter volume of $96.7 billion is still 28% below year-ago figures.
Appraising in a Pandemic
Insight into the challenges of appraising property, particularly retail, in today’s environment.
February RCA Data
Total sales volume in February was $20.1 billion, a 59% decline from one year prior.
Hospitality Market Update
Hotel occupancies have improved from their low point in April but are nowhere near pre-pandemic levels.
January 2021 RCA Data
As 2020 drew to a close, aggregate sales volumes had returned to normal: fourth quarter volume was ahead of the average quarterly volume from 2018 through 2019.
Retail Rundown
The retail market faced negative net absorption of 27.6 million square feet in 2020, per CoStar. This was driven by record store closures, nearly 16,000.
A Boston Office “What If?”
With COVID-19 vaccines in early distribution, Boston’s in-house research team looks into the potential impact that work-from-home may have on office occupancies.
Thriving Life Sciences
The life science market had an IPO once every three days in 2020, for a total valuation of $90.3 billion.
