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Boston Builds From a Solid Base

BOSTON—According to the folks of Cushman & Wakefield, the Boston commercial real estate market fared better than most during the recession. That good fortune provided a solid base to reap the benefits of the current upcycle.

By John Salustri | Updated on May 04, 2015

BOSTON—Clearly it’s a case of the haves and have-nots. Whether it was due to diversity, luck or the percentage of real estate dedicated to healthcare and universities, Boston simply didn’t suffer the way many other major cities did during the past economic unpleasantness. And that, of course, means that the upcycle is even richer.

GlobeSt.com sat down recently with three of the major players in the Boston market from Cushman & Wakefield: J.R. McDonald, executive VP of brokerage; Edward Maher, vice chairman of capital markets; and research director Sharon Joyce, to gauge the trajectory of the office and industrial markets in the city and to explore where the market is headed. Here’s what they told us:

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CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

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