Amazon’s Wish List Includes Multiple Massachusetts Sites

Surging demand from online retailers, logistics operators and product suppliers has put immense pressure on Greater Boston’s warehouse market. Current vacancy measures single digits, and the true vacancy rate, which removes antiquated and functionally obsolete supply, reads below 5 percent.

Spec Industrial Pipeline Responds to Market Changes

Industrial development is ramping up to the highest levels seen in the current real estate cycle, driven by a group of large speculative projects designed to satisfy shifting shopping patterns and the Massachusetts building industry’s demand for storage space.

Hot Property: Campanelli Business Park

7-Eleven and S-L Distribution Co. LLC have signed a pair of leases totaling 127,500 square feet at 353 Maple St. in Campanelli Business Park of Bellingham, a speculative industrial building completed in October 2018.