Vacancies in Greater Boston’s industrial market have risen for eight straight quarters, topping 11 percent as a recent development surge has left many newly-completed properties still seeking tenants.
Industrial vacancies rose to 5.4 percent in Greater Boston as warehouse users cut back on their space requirements amid an uncertain economic outlook.
Greater Boston’s office market faces a year of reckoning in 2023 amid a wave of lease expirations and dwindling lab conversion activity, commercial real estate brokers predict.
