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Report: NH commercial real estate has lingering questions
Published: 1/30/2021 7:59:20 PM
When it comes to commercial real estate in New Hampshire, the outlook for different sectors is mixed, with the industrial market still looking strong, but demand for office space unsettled.
That’s the verdict from Colliers International, which has released its Q4 Market Insight report.
The report points out that, at the start of 2020, occupancy rates in New Hampshire’s office and industrial markets were strong – above 92%. After a year of the pandemic, the occupancy rates remain 90% – a “slightly reassuring figure,” according to the report – but there are still big questions remaining about what the lingering effects of the COVID-19 pandemic will be on commercial real estate.
NH Business Review
New report from Colliers points to lower occupancy rate, lingering questions
January 27, 2021
Source: Colliers International
Editor’s note: This article has been corrected. The proposed Hudson Logistics Center is still in the approval process.
When it comes to commercial real estate in New Hampshire, the outlook for different sectors is mixed, with the industrial market still looking strong, but demand for office space unsettled.
That’s the verdict from Colliers International, which has released its Q4 Market Insight report.
The report points out that, at the start of 2020, occupancy rates in New Hampshire’s office and industrial markets were strong – above 92%. After a year of the pandemic, the occupancy rates remain 90% – a “slightly reassuring figure,” according to the report – but there are still big questions remaining about what the lingering effects of the Covid-19 pandemic will be on commercial real estate.