2A —December 24, 2021 - January 20, 2022 — M id A tlantic Real Estate Journal
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M id A tlantic Real Estate Journal
M id A tlantic R eal E state J ournal Publisher, Conference Producer . .............Linda Christman AVP, Conference Producer ...........................Lea Christman Publisher ........................................................Joe Christman Editor/Graphic Artist ......................................Karen Vachon Social Media . ....................................................Halle Morton Contributing Columnist ... Matthew Trubenbach-Byrne, CPA, CCIFP Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly Periodicals postage paid at Hingham, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal 117 HMS Halsted Dr. Hingham, MA 02043 USPS #22-358 | Vol. 33, Issue 12 Subscription rates: 1 year $99.00, 2 years $148.50, 3 years $247.50 & $4.00 single issue - plus postage REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Phone: 781-740-2900 www.marej.com
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CRE Trends in 2021-22
fter the ups and downs of the past few years, the real estate indus- try’s future will focus on recov- ery. The resiliency of commer- cial real estate will drive that comeback, but specific trends within that field could direct the change to come. These are the commercial real estate trends for 2022 that industry experts should expect to mini- mize risk and improve client investments. 1. People Want More Work Space Many workers worked re- motely when everything shut down during quarantine. They may not want to go back to a traditional office setting, but they also can’t work from their couch forever. The need for single-person rentable office space continues to boom in the commercial real estate market. Coworking rental businesses have seen a 23% annual increase since 2010 and will remain popular. It’s one of the most dependable A
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commercial real estate industry trends that investors can count on for the coming year. 2. Workers Need to Store Belongings As experts read about what to look out for in commercial real estate in 2022, they should note the concern for self-storage facilities. Remote workers may need to convert a room into a home office, which leaves them with belongings that suddenly have nowhere to go. Warehouses and storage fa- cilities are some of the leading real estate trends in the com- mercial market. They meet an individual need with unused space. Remote work will con- tinue to be a popular career
choice for individuals, people with children and anyone who doesn’t live close to a large city with jobs. They’ll need long- term storage to have a home of- fice that supports their career. 3. Consumer Demand Requires More Storage Warehouses are in high de- mand and will stay that way into 2022. Storage market va- cancy stands at 2.74% within industrial sectors, resulting in a promising future of in- creased rent for warehouses. Demand for inventory space is rising while consumer demand grows, so interested parties will likely see a significant payoff in industrial-focused investments continued on page 12A
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