Ask yourself this? Can you identify a month, or even a week, over the last two years when you have not had a package arrive at your doorstep thanks to online shopping? We’re guessing the answer is no for you and for most… Read More
The harder it is to get something, the more people want it. And that pretty much goes for all facets of life. So, the fact that nearly every life sciences company, both big and small, wants to be in East Cambridge—despite $70.66… Read More
According to JLL’s own Chief Economist Ryan Severino, who spoke last week at our 2018 forecasting event, the U.S. is currently experiencing a “goldilocks economy,” one that is “not too hot and not too cold.”
In Boston though, we might arguably be a little further on the “hot” end of the spectrum. As JLL New England Research Director Julia Georgules described, Boston’s resilient economy is stronger than ever. Since 1990, employment has… Read More
More than 100 years ago, Mark Twain famously remarked “The reports of my death are greatly exaggerated,” upon learning that one American newspaper prematurely printed his obituary while he was still alive. It seems, today, we could draw the same parallel with respect to retail. But, retail is not dead or even dying; it’s changing and reinventing itself.
“A big problem that underlines the retail headlines these days is journalists using Sears,… Read More
Have you seen our newest publication, The New England Investor? This quarterly piece delivers real estate news and insights from across Greater Boston, with a broader look at hot topics impacting the investment community locally and around the world.
In our latest issue of The New England Investor, we reflect on what’s changing in the retail market and how the future of retail will look different than it does today for investors… Read More
From Travis D’Amato & Michael Coyne
Managing Directors, Multifamily Capital Markets
Boston continues to benefit from an unprecedented demographic wave and the strongest multifamily fundamentals we have seen in over a decade. With just under 5,000 units a year on average scheduled to deliver in Metro Boston through 2019 and over 8,200 households being created annually over that same time period, we are still not building enough units to meet this… Read More
What do Millennials want? While it might surprise you, according to Ivy Zelman, Chief Executive Officer at Zelman & Associates, they want suburban life. In fact, a recent survey from The Zillow Group on Consumer Housing Trends says, “it’s a common myth that all Millennials are short-term buyers seeking homes in trendy, urban neighborhoods.” The report reveals that, in reality, half of all Millennials live in suburban communities.
2016 was an historic year for the JLL Boston Multifamily sales team, who eclipsed the $1 billion sales mark for the first time ever. The record-breaking success was driven in large part by the $215 million sale of Hanover CambridgePark, the largest single apartment sale in Boston’s history, and the $187 million sale of The Victor. We recently sat down with the leaders of the team, Travis D’Amato and Mike Coyne,… Read More
As 2016 draws to a close, we thought it would be a great time to look back on the year that was and highlight 10 of our best stories from the past twelve months. We hope you have a happy and healthy New Year and look forward to continued success in 2017. Without further ado, here are our top 10 stories of 2016:
1. GE moves to Boston and the effects are… Read More
From Travis D’Amato
Managing Director, Multifamily Capital Markets
Historically, workforce housing has been hard to define. It’s also been difficult to find here in Boston. In an effort to change both of those things, the ULI Housing and Economic… Read More