The New England Chapter of SIOR and the MA NAIOP Chapter held its annual commercial real estate forecast on November 12, 2020 from 8:30am to 10 am. The NAIOP and SIOR Annual Market Forecast is one of the industry’s leasing market updates. The speakers included Doug Poutasse, CRE and Head of Strategy and Research at BentallGreenOak who has recently in June been a panelist with Rob Nahigian, SIOR, CRE on Capital Markets for the Boston University webinar series. Doug began the program by providing a snapshot of the economy and the impact of CV19 and the election on the local real estate market.

A panel of Greater Boston’s leading real estate experts then presented an analysis of the Massachusetts commercial sectors, with a special focus on office, life-science, multifamily, industrial and capital markets. The panelists included: Sue Hawkes on multi-family and Managing Director, The Collaborative Companies; Dave Martel on the Office market as Executive Managing Director of Newmark Knight Frank; Rachel Marks on the Industrial Market, Senior Vice-President of CBRE, Frank Petz on the Capital Markets as Managing Director of Colliers International and Bob Richards on the Life Science sector, Executive Vice-Chairman of Cushman & Wakefield. The panelists discussed the impact of COVID-19 on the industry and fundamentals behind the 2020 statistics, including emerging trends in specific markets, new growth areas and the general outlook for the future of commercial real estate. The event this year also featured a half hour of virtual networking before the program. Thank you to our many sponsors including RW Holmes Commercial Real Estate.

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