Q2 2024 industrial investment sales volume in Greater Boston already exceeds Q1 totals, on pace to set a 2-year quarterly record

In Q1 2024, industrial investment sales in Greater Boston amounted to $230 million. As Q2 2024 progresses, the total sales value has already reached $359 million. With Q2 nearing its end, this represents a significant increase of over 50% compared to the sales volume of the previous quarter.
An analysis of industrial property subtypes in Greater Boston reveals that manufacturing facilities account for 27.4% of total industrial sales volume in Q2 2024*. This represents a 14.7% increase in their share of sales volume in comparison to Q1 2024.
Looking ahead, flex and manufacturing spaces are expected to maintain their increased share of investment sales volume. This trend is driven by the rising demand for clean tech and R&D facilities, which are becoming increasingly prominent in the Greater Boston area.

June 6, 2024

US-MA-BOS Boston