Monthly Archives: October 2013

JLL’s annual spooktacular Halloween event

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181489534Happy Halloween!

In celebration of Halloween, we were joined by family and friends on Tuesday for trick-or-treating, face painting, pumpkin decorating and festivities. Check out a few of our spooky and not so spooky guests below.

Thank you to everyone who joined us and we look forward to seeing more great costumes next year!



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Looking skyward

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skyline_coverforBBOct30AM,2013Our Research team’s fall Skyline Reviews are hot off the press. They are an exclusive analysis of the Downtown premium tower and low rise markets, and 56 top tier Cambridge office and lab buildings.

We define the Boston skyline as 44 Class A buildings that are taller than 15 stories and at least 250,000 square feet. in size, and/or are architecturally significant. The future for Boston’s CBD… Read More

Categories: Insights, News, Topics.

Creating new dining destinations

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Jones Lang LaSalle Construction has been busy downtown of late, completing the construction of two fantastic new venues to grab lunch, dinner or a drink.

40 Broad warehouse 2Warehouse Bar and Grill, a new sports bar and restaurant at street level of 40 Broad Street, features a minimalistic design and industrial aesthetic. The Warehouse kitchen specializes in creative pub fare cuisine, featuring seasonal, market-fresh… Read More

Categories: News, Projects, Topics.

Research gets high profile

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Breslau_Mabardi_RealEstateAlert Amid growing competition, JLL Research is constantly expanding and upgrading its analysis and market data to gain competitive edge.

In a recent article for Real Estate Alert, Research Director Ben Breslau said that our research is helping brokers win new business. “When we go out and pitch, research is a powerful tool. It’s changed from filler in… Read More

Categories: News, People, Topics.

On the cusp of Game 1

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Now that the Red Sox have disposed of the Tigers, it’s on to tomorrow night’s Game 1 of the World Series. Banker & Tradesman, with help from JLL Research and colleagues David MacDonald and John Cullen in our Detroit office, compared the economic and real estate climates in Boston to… Read More

Categories: Insights, Topics.

Biggest macro risk to the future investment environment?

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From Ben Breslau
Managing Director
Americas Research

In a recent survey of institutional real estate investors conducted by Jones Lang LaSalle, monetary policy came out on top as their number one concern followed by the U.S. budget and political situation. 

This highlights the multitude of “policy risks” facing us in the current cycle. The Fed surprised everyone by not tapering asset purchases after it… Read More

Categories: Insights, News, People, Topics.

Chart of the week

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Trulia has calculated average rent vs. sales price across the US. They then factored in the costs of home ownership such as closing costs, maintenance, insurance,  and taxes,, adding the total cost of renting including renter’s insurance and security deposit.

According to the study, there are still significant own-to-rent discounts in… Read More

Categories: Insights, Topics.

Boylston is a Top 10 Most Expensive Street in the US

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Ever wonder where the most expensive commercial real estate rents are? JLL Research has defined Boston’s Boylston Street in the Back Bay as number 7 in the United States.

Home to trophy towers and high end retail, Boylston Street posted average rents of $60.20 psf. Topping our list for the second straight time was Sand Hill Road in Menlo Park, CA with average… Read More

Flag football team raises for Chron’s & Colitis

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A JLL team from a cross-section of our business groups spent a day at Gilette Stadiium participating in a spirited flag football tournament to benefit the New England Chapter of the Crohn’s & Colitis Foundation of America. The team was sponsored by Crohn’s and Colitis Board Member Mark Rubin, president of MARIC, a Needham, Mass.-based real estate development and investment company and client.

JLL was one of 10 teams from the Greater Boston… Read More

Categories: Events, People, Topics.

Chart of the week

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Wellesley is the most expensive Class A market in the Greater Boston suburbs.

At $40.01 psf it is more expensive than Class B space in both the Financial District and Seaport.

The gap continues to close among Class A and B product in Cambridge. The scarcity of Class A availabilities there is driving up the… Read More

Categories: Insights, Topics.