A new report from McKinsey & Co., commissioned by the Baker administration, suggests downtown Boston’s office market could be in for a rough ride as remote work takes hold among tenant companies.
An analysis commissioned by Gov. Charlie Baker suggests that demand for office space in Massachusetts could fall by 10 to 20 percent by 2030 thanks to the fallout from the COVID-19 pandemic, but significant questions remain.
Commercial real estate investors have a growing appetite for risk in 2021 and that could mean a shift away from pricey coastal markets including Boston.
