Monthly Archives: March 2013

Technology will shake the industry – part 1

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From Matt Giffune
Vice President
Jones Lang LaSalle

I’ve never been a fan of waiting. It makes me feel anxious. I like things to be figured out and taken care of quickly.

 As a commercial real estate broker, I feel like I am always waiting for the latest technology that is supposed to make my job easier. It never seems to happen fast enough.

I’m not… Read More

Categories: Topics.

Chart of the week

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These nine deals alone account for 700,000 square feet of new leases . This improves the Boston skyline vacancy by 300 basis points.

Overall the skyline average asking rent in the Financial District currently stands at $48.50 psf, up by 3.5 percent compared to last spring.

The low-rise portion saw a… Read More

Categories: Topics.

Its all about efficiency

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From Ben Breslau
Managing Director
Americas Research

Leasing volumes were down 20% in 2012, and down 30% in Q4 year over year. Gross leasing activity has likely bottomed and will stabilize thi year, with better economic growth (as the year progresses) offsetting the continuing efficiency for tenants.

Tenants are taking less space on average and becoming more efficient. This trend is becoming more widespread and… Read More

Categories: Topics.

Show us your skyline

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Every skyline has its own special story to share, and who better to tell the story than the people living there.

Jones Lang LaSalle has officially launched its first social media campaign, titled Show JLL Your Skyline, as part of our prestigious 2013 Skyline Review. The Skyline Review takes a deep dive into the commercial real estate markets of 34 cities throughout the nation,… Read More

Categories: Topics.

Boston’s premier buildings in elite subset

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Constrained construction and heated demand for office space in the most active segments of the United States office market are already fueling prospects of rental increases and new office property development in 2013 and into 2014. An expansion period is approaching for the high-quality urbanized office sector of trophy skyscrapers known as the Skyline, according to Jones Lang LaSalle’s Spring 2013 United… Read More

Categories: Topics.

Chart of the week

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Massachusetts added 51,000 jobs last year. Sequestration could produce cuts over the next decade that equal all of the jobs gained this year. 

Boston’s life sciences and healthcare sectors could be the hardest hit.

We’ve been the leading US city in NIH funding for an impressive 17 years in a row.

Boston received $1.7 billion in NIH… Read More

Categories: Topics.

Global vision

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From Colin Dyer
Chief Executive Officer
Jones Lang LaSalle

Chicago Grid sat down with Colin in his Aon Center office to discuss his view on shrinking cubicles and shifting work ethics. Here is an excerpt from that Q&A.

Q: Much has been written about shifts in the labor market — more contractors, remote workers, constant connections. How does that affect the office… Read More

Categories: Topics.

Thinking outside the walls

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From Bob Best
Executive Vice President
Jones Lang LaSalle

As building managers we tend to think inside our buildings, making sure they operate effectively.  But, in doing so, we are missing a bigger picture. The office of the future extends well beyond the walls of the buildings that we manage.

The new workers coming into our spaces do not fit into offices or even… Read More

Categories: Topics.