Category Archives: High-tech

REview Podcast: New initiative aims to drive diversity and future growth in Boston’s high tech industry

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From Bryan Sparkes
Executive Vice President, Technology Practice Lead

The growth of Greater Boston’s high tech industry over the last several years has been notable. Wherever you look, we rival Silicon Valley as one of the top tech markets in the country and we’re repeatedly ranked as one of the foremost leaders in innovation. But we, like many other high tech markets, have a diversity problem that… Read More

A look back at our top 10 stories of 2016

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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 far-reaching

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Could Boston’s suburbs be next stop for high-tech companies?

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As you may have already seen in JLL’s latest Technology Office Outlook, Greater Boston is among the top tech markets in the country, ranking 3rd in tech leasing, 5th in VC funding, and 5th in overall market resiliency. But the bulk of the conversation surrounding tech in this region has been focused on Cambridge and Boston. In fact, East Cambridge and the Financial District are two of the most concentrated and expensive high-tech CBD… Read More

Tech industry continues to boom in Boston

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The technology industry is one of the key drivers of growth for our economy here locally, but it’s also flourishing across the US. In fact, according to JLL’s recently released Technology Office Outlook, the tech sector remains the leading industry for real estate expansion in the US, driving 22% of large-block leasing activity across the country over the past 2 years. Furthermore, as the report reveals, 63% of tech companies leasing 20,000 square feet… 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

Introducing JLL TechSpec: A destination for tech companies and investors

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Growing tech companies face all sorts of unique challenges to keep up with growth, not the least of which revolves around physical space. You don’t have to look much further than Carbonite, HourlyNerd, and Placester to see how important it is for companies like this to have a space of their own to accommodate for future expansion and foster collaboration and culture.

If you’re like any of the companies we just mentioned, we know you… Read More

Placester’s new office space a home away from home

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Sparkes_Bryan_Color_Causal_HiResFrom Bryan Sparkes
Senior Vice President, Downtown Boston Leasing

View Bryan Sparkes' profile on LinkedIn

Placester knows all about the importance of finding a good home. The real estate marketing company’s primary mission is to dramatically improve the home buying process for real estate professionals and consumers. So… Read More

Choice and control drive Sonos’ new workspace

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Chad Lundeen of Sonos told a full house at Bisnow’s Boston Creative Office event that the wireless audio products company left Cambridge for Lafayette City Center for three key reasons: access, amenities and infrastructure.

“Now we’re in an urban core,” he said. “Downtown Crossing has quickly become jammed with hot tech startups. It’s important to our culture to be surrounded by fresh energy and new ideas.”

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HourlyNerd proud to have the perfect space to call home

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Jangro_Bobby_Color_Casual_HiResFrom Bobby Jangro
Associate, Downtown Leasing Team

One of the many challenges for an emerging technology company is figuring out how to harness rapid growth. There are a lot of elements that factor into that equation, not the least of which is physical space. Many locally-born startups begin their early days in co-working communities like WeWork, incubating with an investor, or sharing space with a partner company.… Read More

Boston & Cambridge remain hotbeds for high-tech tenants despite rising costs

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strope_blogFrom Lisa Strope
New England Research Manager

The best way to sum up the current Greater Boston high-tech market is high cost, high opportunity, and that’s just where the region lands in JLL’s latest 2015 Technology Office Outlook.

Along with markets like San Francisco, Silicon Valley, and New York City, the Greater Boston area presents clear startup opportunity thanks to existing tech clusters, greater access to capital,… Read More