Study of commercial real estate sales impacted by MGM Springfield
From the WWLP website article:
This study highlights that while casinos in the state likely have helped to strengthen local real estate markets, the casinos also developed alongside broader robust economic recovery following the Great Recession in Massachusetts. In that, commercial real estate markets have tended to be strong in all three host communities, but we do not see any dramatic divergences from the statewide trend. That said, there are important differences in real estate conditions between host communities.”
- MARK MELNIK LEADER OF UMASS SEIGMA ECONOMIC TEAM
Click below for the full WWLP article. The report was also covered by Yogonet and the Attleboro Sun Chronicle.
Read article: Study of commercial real estate sales impacted by MGM Springfield
October 26, 2021