The Greater Boston industrial market had an extremely strong Q2 2020, recording 1,218,683 sq. ft. of positive absorption. The urban market as well as two of the three suburban markets experienced positive growth, demonstrating high demand for industrial space throughout all markets. The overall availability rate decreased by 30 basis points (bps) quarter-over-quarter to 8.4%, while the vacancy rate decreased by 10 bps quarter-over-quarter to a historic low of 5.3%.