Category Archives: Boston

Top 10 stories of the summer

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As Labor Day approaches, and with it the unofficial end to the summer season, we thought we would look back at the top 10 stories from a memorable summer:

1. 3 reasons why Boston remains the nation’s top life sciences cluster

2. Boston’s massive Exchange South End life science and tech… Read More

3 reasons why Boston remains the nation’s top life sciences cluster

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For the seventh year in a row, Greater Boston is once again the top life sciences cluster in the U.S. per our latest Life Sciences Outlook. With Kendall Square touted by some as “the most innovative square mile on the planet,” and a growing lab development pipeline in Boston, this distinction should come as no surprise. Even with San Francisco closely on its heels, Greater Boston continues to draw many global… Read More

As vacancy moves upward in the suburbs, Cambridge and Boston see further supply compression

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From Julia Georgules
New England Research Director

Boston MSA’s labor market remains one of the highest performing and stable across major U.S. markets. With an unemployment rate of 3.1 percent, among the lowest in the country, the strong labor force remains a major attraction for large tenants. 

Large blocks continue to disappear with major tenants like Wayfair,… Read More

Rethinking live, work, play

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Over the past 10 years, the demographic and economic makeup of the U.S. has changed quite a bit. Of note has been the influx of highly educated talent into the workforce. Interestingly, although this talent is clustering in major cities, they are working in the suburbs. According to our recent Ambitious Thinking: Smart Cities report, reverse commuting is actually up 11.6% over 2011 levels. In fact, more than 4.8 million people… Read More

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