Category Archives: Innovation and technology

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

Partnering with MIT to drive innovations in CRE

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A little over a year ago, we expanded our longtime relationship with the MIT Center for Real Estate and became a founding industry partner of their new Real Estate Innovation Lab. With our shared mission and passion for innovation and real estate, this partnership proved a synergistic opportunity for both our organizations.

“Our partnership with MIT and the learnings that we get from just being in this innovation ecosystem gives us an… Read More

From military base to innovation ecosystem

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From Mike Travaline
Public Institutions Associate

Once upon a time, Fort Devens was a temporary cantonment for training soldiers during World War I and later a U.S. Army Reserve. Today, the area roughly 40 miles Northwest of Boston has become a growing technology and manufacturing hub. Look no further than Quiet Logistics as proof. The company, which occupies over 400,000 square feet in Devens,… 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

Talent is key driver in Boston’s tech growth

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With the technology industry’s continued expansion beyond the west coast, Boston’s status as one of the nation’s prime technology hubs is on the rise. Although office location still proves to be a main factor for tech development, the potential talent available in these locations is having more bearing on where these companies are looking to grow.

According to our recently released Tech Office Trends, maintaining a highly skilled workforce remains one of… Read More

Boston among top 5 cities in the world for innovation and talent

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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

The Seaport: Boston’s next life sciences frontier

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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

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… Read More

How technology is disrupting CRE, in a good way

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Last week, JLL spent five hours live broadcasting from DisruptCRE in NYC. If you missed the broadcast, you can check it out here. The biggest takeaway? Technology is disrupting commercial real estate, in a good way, and it cannot be ignored.

Somerville exceeds every metric companies are looking for, but is the city ready to be the region’s next innovation cluster?

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Greater Boston is a mecca of innovation. From Kendall Square to the Seaport, our innovation clusters rival the likes of Silicon Valley. But space is sparse and costs are high, so the question often comes up of who, or perhaps more aptly, where is next?

The city of Somerville seems to have all the ingredients to be the answer: an educated Millennial workforce, public transportation, and some of the best restaurants in… Read More