Flex Is the New Hot Commercial Sector
Capable of housing manufacturing, R&D, storage and office all at once, flex space is now fetching the highest industrial rents across the region.
Capable of housing manufacturing, R&D, storage and office all at once, flex space is now fetching the highest industrial rents across the region.
Dozens of commercial developers have shifted their focus to lab projects amid the boom, others see overlooked opportunities in the industrial market’s R&D and flex space.
Nordblom Co. is hoping to wow potential “new economy” with their reimagining of the former Boston Globe headquarters in Dorchester into a mix of 300,000 square feet of office space and 300,000 square feet of flex/light industrial space.
An investment firm that has snapped up three Greater Boston industrial-flex buildings so far this year added another two to its portfolio in recent days.