Monthly Archives: July 2012

Chart of the week

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Here is another in our weekly series of market dynamics snap shots.

The US financial services employment levels are still below the 2008 peak. They have been trending upwards, however, since 2010 and are back to 2000 levels.

The Boston financial services story is very different.  The sector has been in decline since 2000.

Today… Read More

Categories: Topics.

Chart of the week

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Here is another in our series of market dynamics snap shots.

Office migration from Cambridge to the Seaport District is impacting Lechmere Square the most.

While Lechmere Square provides a significant discount to Kendall Square, the Seaport District often offers further cost savings on a per-square-foot basis.

If tenants are willing to leave their Cambridge zip code,… Read More

Categories: Topics.

Clear your head

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From Patrick Triggs
Assistant Vice President
Jones Lang LaSalle

I have a summer vacation planned. How can I get the most out of it while making sure that my projects remain on schedule? Knowing that I have to be connected, I asked others how they did this successfully.

Here are some of the rules people follow to help you on your next trip to… Read More

Categories: Topics.

Chart of the week

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Here is the third in our series of market dynamics snap shots.

Young workers are choosing transit oriented communities over suburban sprawl. Live, work and play is the mantra in our market.

Cutting edge employment sectors like life sciences and biotech are attracting top talent to urban settings. A prime example of this is Biogen’s… Read More

Categories: Topics.

Chart of the week

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Here is another chart in our series of market dynamics snap shots. 

Did you know that Class A rents downtown average $52.24 per square foot and have risen 12.6% off the trough of the latest recession?

Still, today rents are 25% off peak levels.

It’s all about jobs. The recovery has been uneven in the “office using”… Read More

Categories: Topics.

Chart of the week

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This is our first in a series of market-at-a-glance snap shots of market dynamics that are turning the tide. 

Did you know that Seaport District Class B overall asking rents have risen 29% from their most recent trough as compared with only 16% forthe Class B maket in the Financial District?

Furthermore, Class B… Read More

Categories: Topics.