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Boston is building apartments – a lot of apartments. In fact, more than 17,000 units are underway, making this one of largest supply waves to hit the market since the 1920s.
Boston is not blessed with large amounts of cheap, undeveloped land. Therefore, development, particularly near the urban core, typically means repurposing existing assets. So what is making way for this huge wave of multifamily supply? It looks like it may be industrial properties…
Article From: "Key Realty Commercial Real Estate News" Read full article