Boston, MA Commercial Real Estate Market Overview
Boston has a robust and diverse economy, aided by its role as an important medical, biotech and financial hub in the region, as well as its position as a major East Coast seaport and one of the largest industrial and fishing ports in the world.
A global pioneer in life sciences research, Boston benefits from an impressive talent pool, thanks to its proximity to major colleges and research facilities. Besides providing a welcoming place for more than 5,000 startups, the city also hosts an assortment of high-profile sportswear and athletics manufacturers — including New Balance, Converse, Puma and Reebok — which drive demand for commercial real estate properties in Boston.
Public transit in Boston is handled by the Massachusetts Bay Transportation Authority (MBTA), which operates an underground rapid transit system, buses and commuter rail networks, as well as water shuttles. The city also has four Amtrak-serviced, inter-city rail stations, as well as access to Logan International Airport and several general aviation airports, including Beverly Municipal Airport, Hanscom Field and Norwood Memorial Airport.