Marlborough Employment, Property Values Back to 2007 Levels
Summary
Over the same time period, RKG found that ownership values have risen by more than 81% – from $181,000 in 2000 to $328,430 in 2016 - and rent levels have increased by 18% in the past 4 years alone, with vacancy remaining below 5%.Tuesday’s public meeting, held at the Marlborough Senior Center, gave community members the opportunity to learn more about the details of and give their feedback on the study.“It is clear to anyone looking at Marlborough today that the city has been undergoing substantial and positive changes that have been laying the foundation for steady economic growth,” said MEDC executive director Meredith Harris.It serves private, public, and institutional clients and provides a comprehensive range of advisory, planning, marketing, and management services throughout the U.S. and around the world.Over the same time period, RKG found that ownership values have risen by more than 81% – from $181,000 in 2000 to $328,430 in 2016 - and rent levels have increased by 18% in the past 4 years alone, with vacancy remaining below 5%.
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