Much of the conversation on changing workplace dynamics has focused on office space, but lab space has been equally as impacted. Like many other organizations, life sciences companies are facing stiff competition for top talent and are increasingly in search of ways to differentiate themselves. A premier, future-focused workplace is one way they can achieve that.
From Julia Georgules
New England Research Director
It was an exciting third quarter in the Greater Boston office market with some big surprises and continued enthusiasm for the strength of the local economy. With big relocations like Alexion and PTC making a splash in the Seaport and news of organic expansions from companies like WeWork, Facebook and many others, momentum in most of the… Read More
From Gabe Cole
Managing Director, Data Center Practice
The growth of cloud storage impacts all of us, every day. We can’t go an hour without using a cell phone, smart device or something reliant on the cloud. And, as technologies like self-driving cars become more prevalent, that will only increase. So it should come as no surprise that the cloud is having a significant… Read More
What makes a successful city? Our latest JLL Research Report “Decoding City Performance” identifies 10 imperative factors including among others: fostering innovative pathways, uncovering hidden talents, investing in infrastructure, thinking long term, and being smart.
So, what does that say about Boston? While we aren’t ranked among the “Big Seven” or “Contenders” named in the report, which include the likes of London, New York, Paris, Los Angeles, Chicago, and Madrid, we do… Read More
From Don Domoretsky
EVP, Life Science Practice
“As a real estate developer, we look for growth oriented markets because that’s how you create value,” so says Stephen Faber, Executive Vice President at Related Beal. “You have an insatiable appetite from a community of people that are motivated to invest in life sciences. And we here in Boston have particularly benefited from the growth in… Read More
The weather notwithstanding, Boston and San Francisco have a lot in common. Just ask JLL New England’s new Research Director Julia Georgules, who relocated to the Hub from the nation’s top tech hub a year ago.
“Seeing the rise of San Francisco was similar to where… Read More
Our Project & Development Services team recently completed a $60 million redevelopment and expansion for United Technologies Research Center (UTRC) Headquarters in East Hartford, Connecticut. JLL’s David Brunelle, Michael Connelly and Dee Brooks led the development efforts on the project over the last three years.
The new “innovation hub” at UTRC’s East Hartford Campus includes 185,000 square feet of new and renovated space, including a new 50,000 square foot laboratory addition, 75,000… Read More
As summer winds to a close, so too does the bevy of out of office email replies and constant vacations. While many of us were off relaxing, soaking in the sun, or hitting the links over the last several months, a number of exciting things happened around Greater Boston.
In case you… Read More
JLL Boston’s newest Suburban broker Zach Gramlich admits his foray into commercial real estate has been a tough one. That’s because Zach, a former Recon Marine, is one of the thousands of veterans transitioning from the military into the professional world.
“The transition has… Read More
While Boston has seen a surge in demand for Class B brick and beam product, there’s still nothing like the prestige of being in a premium office building – even if it comes with a sky-high cost. This year, the average price tag for space across North America’s Skyline buildings is $44.55 per square foot – an all-time high.