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.
Disruption 2020: Q2 Lab Update
Greater Boston’s lab market is cooling off a bit. Office has taken a step back, particularly in Boston, and that is beginning to occur in the lab market as well.
Disruption 2020: Sublease Space Update
Sublease space this cycle will surpass the previous cycle’s peak by a wide margin. This has the potential to significantly affect the trajectory of vacancy and rent.
