Monthly Archives: August 2016

Top 10 stories of the summer

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With Labor Day marking the unofficial end to the summer season this weekend, we thought we would take a look back at the top 10 stories from a memorable summer:

Boston aerial view

#1: GE is officially a Boston company, making it the largest company in MA by a landslide

#2: Boston’s Skyline rent prices continue to rise, with the vacancy rate now at a 6-year low

#3: With the completion… Read More

Boston a leader in tech jobs and wages

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Sparkes_Bryan_Color_Causal_HiResFrom Bryan Sparkes
Executive Vice President, Brokerage

It should come as no surprise that Boston is among the nation’s leaders in high tech employment. According to a recently released JLL report, Boston joins the likes of the Bay Area and NYC as one of the country’s top tech hubs that dominate job activity. In fact, over 30% of US tech employment and 52% of job gains are… Read More

We’re #1: JLL’s Multifamily sales team reaches new heights

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JLL Boston’s Multifamily sales team was recently ranked #1 in the market by Real Estate Alert with over $400 million in sales in the first half of 2016. A notable achievement in and of itself, the honor is even more significant given that it’s the first time in 10 years a new team has held the position in the Boston market.

JLL’s success was driven in large part by the $215 million sale of Hanover… Read More

JLL completes $18M YMCA renovation

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JLL’s PDS team recently completed a two-phase, $18M project at the Parkway Community YMCA (formerly the West Roxbury YMCA). The project included the demolition of 16,000 square feet from an existing building, and the construction of a 24,000 square foot addition. The scope featured a renovated gymnasium, a new state-of-the-art fitness center, lobby, two new wellness studios and an extended parking area.

The renovations allowed for new initiatives including a teen fitness center, expanded child… Read More

JLL leaders get educated on cutting-edge innovations at MIT

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Breslau_Ben_1_Color_Casual_HiResFrom Ben Breslau
Director of Americas Research

While in town in Boston, JLL’s Americas Executive Committee recently visited one of the world’s foremost institutions for innovation, MIT. The group of roughly 15 was led by JLL Americas CEO Greg O’Brien and included Global President Christian Ulbrich, as well as  several national businesses leaders.  Local Market Director Jim Tierney, and Cambridge real estate expert Joe Flaherty joined me… Read More

Investors “want in” to lab market

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According to the latest JLL Global Capital Flows report, despite a 16% decline in overall US volumes over the past year, gateway and larger second tier cities like Boston are continuing to see investment demand in line with last year. In fact, the city ranked as the 10th most traded in the world in the first half of the year with $4.6 billion in total volume, and is home to lab space that can… Read More

Lumenpulse lights up Ten PO with new Global Technology Center

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Decembrele_Chris_Color_Casual_HiResFrom Chris Decembrele
Senior Vice President, Brokerage

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Like so many growing tech companies, when it came time for Lumenpulse to look for more office space, finding something with an open concept to showcase their products was a top priority. But unlike other… Read More

Greater Boston remains a user-friendly data center market as local companies drive demand

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Cole_Gabe_Color_Casual_HiResFrom Gabe Cole
Managing Director, Data Centers

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The data center industry is exploding with growth. Here in the Greater Boston area, demand is being driven by companies who want their data in this region because it helps their applications perform better or… Read More

WiredScore brings connectivity, an undervalued variable, to the forefront for tenants

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Mahoney_Rob_Color_Casual_HiResFrom Rob Mahoney
Assistant Vice President, MetroWest Leasing

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Have you heard of WiredScore yet? If the answer’s no, you’re not alone. The service is quickly catching on here in the Greater Boston area and across the US. In fact, commercial real estate properties… Read More