Institutional investors, tight market pushing South Shore real estate


Commercial real estate on the South Shore was largely insulated from the effects of the pandemic, but the economic rebound, a crazy real estate market and a wave of extremely low interest rates  have pushed big investors into smaller markets around Boston.

The South Shore Chamber of Commerce hosted the South of Boston Summit on Wednesday to discuss how rising interest rates and big money from financial institutions are creating chaos in the local real estate market.

Ashley Lane, of the real estate company Perry CRE, said the biggest trend is office space vacated during the pandemic being turned into lab space, which landlords can rent for twice the price.

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