Vertex @ Fan Pier & Growth in Biotechnology Industry Pushes Boston Apartment Market Demand

Fan Pier Boston Apartments

Boston Apartment Market Among Nation's Strongest Article Courtesy of:  Citybizlist Fueled by growth in the biotechnology industry, Boston will be one of the top-performing apartment markets in the nation this year, according to the Marcus & Millichap 2012 Market Forecast. Pharmaceutical companies are rapidly expanding in the area. The redevelopment of the South Boston Waterfront, for example, is attracting Vertex Pharmaceuticals. The company announced plans to relocate their world headquarters to Fan Pier by 2013, a move that will spur economic growth and support demand for Class A apartments in surrounding areas. Additionally, thousands of construction jobs will be created, sparking demand for Class B/C … [Read more...]

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