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Boston Business Leaders Plan to Expand CRE Footprints
Expansion is on the horizon for business in Boston this year, as leaders express plans to invest in talent, tech, and real estate, according to a new study by KPMG LLP. The KPMG 2025 Perspectives: Local Insights from Boston report reveals the region is on track for growth this year.
Seventy-two percent of organizations plan to grow their commercial real estate footprint over the next 12-18 months, while 85% plan to expand their workforce and 87% intend to make a strategic deal at some point in 2025. To meet the demand of this expansion, businesses are looking at creative solutions such as prioritizing AI implementation and offering alternative work schedules.
“Industry optimism matched with a strong workforce is what’s fueling growth here in Boston,” said John Capone, KPMG’s New England and Upstate New York managing partner. “However, business leaders must remain vigilant over wavering economic conditions and make strategic plans to change course if necessary.”
- ◦Economy
