2025 Year in Review: John Sullivan, SGA

Looking back at 2025, what deal, project, or key moment best reflected the direction of the New England CRE market this year? ISQ3 in Boston’s Eastern Seaport reflects CRE’s shift toward resilient, climate-conscious design, bringing together sustainability, science-driven development, and inclusive impact. Built for Related Beal and fully leased to Vertex, it reflects the region’s life sciences leadership with flexible, next-gen R&D space. Its pursuit of LEED Platinum and LEED Zero Carbon signals growing demand for high-performance, low-carbon buildings, while its focus on community partnerships and expanded access to STEM opportunities shows how new projects are expected to deliver both social and economic value.

As you look ahead to 2026, which emerging trends or shifts will shape opportunities for you, your firm, or your market sector? In 2026, adaptive reuse and the restoration of older sites will drive opportunities. With evolving zoning frameworks, rising construction costs, and increasing pressure to reduce embodied carbon, owners and developers are recognizing that revitalizing existing structures often delivers both environmental and economic advantages. Revitalizing historic or underutilized buildings allows us to blend modern performance, sustainability, and resiliency with the character and legacy of each site. Projects that deliver distinctive, high-performance spaces will define the most compelling opportunities.