Greater Boston industrial sales volume accelerates in Q3 2023

• Over the past 12 months, rising interest rates have exerted substantial downward pressure on transaction volumes. Nevertheless, the increase in transaction volume during Q3 2023 suggests a potential rebound in sales, marking the highest level of trade activity since Q2 2022.

• Notably, warehouse facilities have experienced a remarkable surge in investment sale volume, catapulting from $36 million at the end of Q2 2023 to $164 million by the close of Q3 2023.

Source: AVANT by Avison Young, fred.org