Boston is yet again
being recognized for a stable and promising real estate
market. This time, as we look to 2012, there is nothing
but a favorable opinion among experts that our commercial real
estate market will outperform the United States market as a whole.
Looking at the whole country, there is an expected 15%-20% increase
in total investment in commercial real estate transactions to some
$190 billion dollars. Despite this astronomical figure, it is
actually less of an increase than what the country went through
over the past two years. Boston, however, is not thought to be
making the same dip.
One of the main reasons Boston is looking to shine brighter than
the rest of the country is because we are so heavily invested in
growing educational, health care and high-tech industries. It is
becoming quite popular for firms to relocate to places in and
around cities like Boston. This is because in Boston there is a
strong labor pool due to the proximity to such great educational
institutions, and because it is beneficial to establish a presence
amongst other venture-capital firms in the area.
Global uncertainty is not going to be as much of a worry due to
the previously mentioned stability that being surrounded by such
flourishing markets has afforded Boston. Cambridge, in particular,
is a growing sub-market that is seeing rewarding real estate
movements causing increasing rents that is only going to continue
into 2012.
More Information: Boston SF
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