Category Archives: Boston

A renewed sentiment for the suburbs

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The below article originally appeared in The New England Investor. Click to read the full magazine.

“Looking back just 18 months ago, you would have had to be quite convincing to get investors to even consider the suburbs. That’s really changed in past six to nine months.” So says Matt Sherry, Senior Vice President on the JLL… Read More

Long cycle not late cycle

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Much has been said about the current economic expansion our nation is experiencing. In fact, according to AEW’s Director of Research Michael Acton, who spoke this morning at our Capital Markets breakfast event, this is going to be the nation’s longest expansion once it’s done.

Although economists have been saying for the past four years this cycle would end in two years, it continues to live onAs JLL’s own Capital Markets Managing… Read More

How long can the boom last?

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From Ryan Severino
JLL Chief Economist

I had the distinct pleasure of presenting the economic overview at the recent NAIOP/SIOR Mid-Year Roundup. Here is a recap.

I wasn’t pandering to the audience when I said that Boston is one of the hottest cities in the US. Don’t underestimate this. It’s well documented. It has what I call “gateway status,” and remains the eighth largest metro… Read More

Then, now, next: A look into the Greater Boston real estate landscape

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From Julia Georgules
New England Research Director

In honor of NAIOP’s 15th Annual Bus Tour and this year’s theme of “Then, Now, and Next,” we thought we’d take a look back at Greater Boston to see how much has changed. Across the country and in Boston specifically, 2003 was still the doldrums of the recession. Unemployment was climbing as tech and other employees fled.… Read More

Greater Boston’s booming market shows no signs of slowing down

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From Julia Georgules
New England Research Director

Boston’s metro economy maintained its leading position going into 2018 as a hotbed for top employers and a skilled workforce. From 2016 to 2017, total nonfarm payroll grew by 2 percent, or more than 51,000 jobs. As a result, the perpetually strengthening labor force remained a major attraction for employers, and announcements of major expansions and relocations… Read More

Team honored at CBA Achievement Awards

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The annual Commercial Brokers Association (CBA) Achievement Awards brings together 450 of the most influential leaders and decision makers from the Massachusetts brokerage industry. The awards recognize the Greater Boston area’s most significant real estate deals of 2017 and honor local industry professionals who have distinguished themselves among their peers.

We are proud to announce our own Bobby Jangro was awarded the CBA Rising Star of the Year. Bobby has worked with… Read More

How Boston ranks among world’s leading cities

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Boston has cemented its place as one of the nation’s prime technology hubs, and its status as a global leader in research and technology continues to rise. For the fourth straight year Boston ranks among the top 10 cities globally in JLL’s City Momentum Index, moving up the list and coming in at 5th in the world.

The Index tracks a broad range of factors to identify those cities which possess the… Read More

A new look for Post Office Square

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We’ve all heard the excitement surrounding Boston’s Seaport District as the growing destination for companies of all types and sizes. With multiple development and expansion projects occurring there, it’s easy to forget there are other Boston neighborhoods undergoing significant changes.

The financial district’s Post Office Square neighborhood, for instance, is undergoing a serious facelift. With growing competition from the Seaport, this neighborhood is just one of many looking for new and exciting… Read More

Where Boston falls in the new typology of World Cities

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In today’s highly connected and globalized world, it no longer makes sense to see all cities as in competition with each other. Cities now share roles and aspirations with other similar cities, and a new grouping of cities has emerged as a result. Our latest JLL Research Report “World Cities: Mapping the Pathways to Success” benchmarks these new types of city groups against their shared strengths and challenges.

Based on the original three… Read More

The workplace experience offsets location cost

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In our recent Tech Office Trends report, we explored six of the top trends impacting the real estate decisions of tech companies. One of the more notable trends was the thought of cost being irrelevant in terms of office location.

Even though Boston’s tech fit out cost is eight percent over the U.S. average, the market is still ranked number six for greatest absolute gain in tech employees in 2016. Major companies… Read More