Monthly Archives: October 2010

The real availability in the suburbs

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from Phil DeSimone
Managing Director
Jones Lang LaSalle

I don’t want to be a wet blanket, but the market may be worse than statistics indicate.

In 2000, the suburban office market supply was 72 million s.f and the availability rate was 6.1%. If the average utilization of space was 250 s.f. per person, about 271,000 people occupied this space. Unemployment at this time… Read More

Categories: Topics.

United support

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from Ben Heller
Executive Vice President
Jones Lang LaSalle

The 17th annual United Way Real Estate and Building Industry campaign is in full swing. We recently kicked off Jones Lang LaSalle’s fundraising effort in our Boston office during which Gabrielle Vacheresse and Nilaya Montalvo from Homes for Families spoke movingly about their mission and how the United Way makes it possible for them… Read More

Categories: Topics.

How is net absorption calculated?

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This post was originally published in October 2010 and was refreshed in November 2017.

From Julia Georgules
New England Research Director

This is a great question, because not only is it an important statistic to measure the momentum and performance of a real estate market, but it’s my favorite data point. The concept itself can be tricky for anyone not looking at statistics as a… Read More

Categories: Topics.

FAQ

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from Matt Giffune
Assistant Vice President
Jones Lang LaSalle

In an attempt to describe the current business environment in which we are working, I thought I would answer some pressing questions that have recently been asked of me.

How’s business?  Business is good but it sure feels like I am working twice as hard to find it.  Providing top-notch service to our clients is… Read More

Categories: Topics.

What happened to a civilized construction schedule?

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from Dana Griffin
Vice President
Jones Lang LaSalle

 

Are tenants forgetting when their leases expire? Are architects drawing slower? Or are owners just putting more thought into their decisions? Whatever the reason, recently it has seemed that construction schedules are getting shorter and shorter. The 12-hour/6-day work week has become the norm.

I was recently assembling a schedule with one of our superintendents on… Read More

Categories: Topics.

Single-stream success

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from Tim Martin
Property Manager
Jones Lang LaSalle

In his recent Boston Globe op-ed “Get Excited About Recycling? Not Me,” Jeff Jacoby shared concerns about his town’s decision to adopt single-stream recycling. With his description of the required process, I can understand his lack of excitement. 

Unfortunately not all single-stream programs are created equal.  Each service provider’s capabilities widely vary from broker/dealers, to firms… Read More

Categories: Topics.

Real Estate Red Zone

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From Bryan Sparkes
Assistant Vice President
Jones Lang LaSalle

With summer coming to an end and fall upon us, my fantasy football team is hovering near last place. We look to the real estate fourth quarter for a burst of energy in Boston.

While we’ve experienced a slight post Labor Day up-tick in activity, the time that it takes to get a deal over… Read More

Categories: Topics.