Monthly Archives: February 2013

Chart of the week

0 CommentsBy

IPOs have long been considered important for fueling continued growth. The most significant employment creation has been by fast growing companies.

On average, US firms going public will see 60% employment growth through their tenth year post-IPO. Emerging growth companies, on the other hand, will see 161% growth.

Massachusetts ranks second in the US for the… Read More

Categories: Topics.

The myth of office shrinkage – part 3

0 CommentsBy

From Melisa Marcotte
Senior Manager
Jones Lang LaSalle

Architectural firms and consultants have moved beyond the space to offer “change management” services. Sometimes the message of the shrinking individual workspace is better received coming from a third party with a broader view of the world.

Change management is really communication. The message is somewhat softened, but the real driver is cost. Companies who understand… Read More

Categories: Topics.

Slow growth – part 2

0 CommentsBy

From Ben Breslau
Managing Director
Jones Lang LaSalle

This year is starting off slow as expected but there are some positives. Corporate profits remain high, corporate balance sheets are pristine by historical standards, the stock market has lifted valuations, and job growth as actually held up relatively well in the last six months despite the political uncertainty.   

The credit environment remains uneven. Overall, however, the low… Read More

Categories: Topics.

Hotels on the horizon: development in the Seaport

0 CommentsBy

Massachusetts Convention Center Authority (MCCA) has awarded Commonwealth Ventures, Starwood Hotels and Jones Lang LaSalle a new hotel development project across from the Boston Convention & Exhibition Center in Boston’s Seaport District. The project will bring 510 mid-priced rooms to the district and will be an integral part in the transformation of the D Street corridor that connects South Boston to the… Read More

Categories: Topics.

The myth of office shrinkage – part 2

0 CommentsBy

From Melisa Marcotte
Senior Manager
Jones Lang LaSalle

In our clients’ efforts to reduce costs, space remains high on the list of targets. According to a CoreNet Global survey, space allocation has gone from 500 square feet per person in 1975 to 200 square feet per person in 2010. It is predicted to be at 100 square feet per person in 2017. 

This survey… Read More

Categories: Topics.

Slow growth – part 1

0 CommentsBy

From Ben Breslau
Managing Director
Americas Research

Despite being past the election and first part of the fiscal cliff, the macroeconomic environment globally and in the US is still uncertain. There are many underlying structural issues in developed countries unsolved, with government and central bank policy risks ahead. 

In the US, the upcoming and likely painful political debate around spending and the budget could… Read More

Categories: Topics.

The myth of office shrinkage – part 1

0 CommentsBy

From Melisa Marcotte
Senior Manager
Jones Lang LaSalle

We’ve heard a lot over the past year about the shrinking office. According to me and my colleagues in space utilization and planning this isn’t necessarily so.

While some companies are seeking to reduce their space, many are simply swapping “me” for “we” space. Individual footprints are smaller, but spaces devoted to common, collaborative, and clients… Read More

Categories: Topics.

Chart of the week

0 CommentsBy

Since 2010, the population in cities that are serviced by subway lines is growing at a pace more than double that of cities beyond mass transit. The average annual population growth along the T is 1.1% vs. .5% beyond it.

Population growth in the cities that are serviced by the subway has taken off. It’s… Read More

Categories: Topics.

The race is on

0 CommentsBy

From Bob Best
Executive Vice President
Jones Lang LaSalle

Many U.S. cities have initiated tremendous programs to become more sustainable through public and private efforts.

Most notable among recent plans is Chicago’s 2015 Sustainability Action Plan published by Mayor Emanuel last September. This comprehensive roadmap covers energy, transportation, water/wastewater, urban planning, recycling and climate change.

If other cities are seeking a model for building a… Read More

Categories: Topics.

Chart of the week

0 CommentsBy

Manufacturing jobs are returning  to the US as companies realize that innovation is boosted when R&D and the assembly line fall under the same roof.

Who then is coming home? Here are a few examples. 

Chesapeake Bay Candle is shifting its production from China to Maryland due to rising labor costs abroad and slow response to… Read More

Categories: Topics.