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After Banner Year, Boston’s Industrial Investment Market Expected To Stay Strong in 2021

Several Milestones Reached Last Year As Total Sales Volume for Logistics, Flex Properties Hit Historical Peaks
The 290,000-square-foot flex/R&D building at 27 Drydock Ave. in Boston's Seaport District was one of many industrial properties that changed hands in 2020.
The 290,000-square-foot flex/R&D building at 27 Drydock Ave. in Boston's Seaport District was one of many industrial properties that changed hands in 2020.
By Todd Galvin
CoStar Analytics
January 12, 2021 | 10:42 P.M.

Boston's industrial investment market soared to new heights in 2020, ranking as the third-highest market in the nation for total sales volume according to CoStar, trailing only Los Angeles and Chicago, both much large industrial markets. Nearly $3.8 billion of industrial property transactions were recorded, marking the first time in history the Boston market eclipsed $3 billion in industrial property sales in a single year.

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