Category Archives: Research

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

Debt, equity, and innovation: How global capital influences future development

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MIT’s World Real Estate Forum was, as its name would suggest, an opportunity for a diverse set of investors from across the globe to come together to discuss debt, equity and innovation. While perspectives varied widely across the panel, which kicked off the two-day session, the following sentiments were echoed by the group:

  1. It is much harder to deploy capital than it is to source it
  2. Now, more than ever, obsolescence is a
  3. Read More

Blockchain: From buzzword to viable business, breaking down one of real estate’s hottest topics

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The dictionary definition of blockchain is “a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.” Clear enough, right? Well, not exactly. In front of a packed room on the second day of MIT’s World Real Estate Forum the question was posed: how many people have heard of blockchain? Nearly every hand in the room was raised, a difference from what was observed just… Read More

An old-fashioned science fair to showcase a wave of new innovation at MIT’s Real Estate Innovation Lab

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It should come as no surprise the truly brilliant things that are happening at MIT, and in particular, the school’s Real Estate Innovation Lab. So what better format to display those innovations in than a good old-fashioned science fair? On the second day of MIT’s World Real Estate Forum, a packed room of industry professionals learned from some of the lab’s best and brightest researchers about just what they are working… 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

Workplace continues to evolve in Boston

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From Tom O’Connor
Senior Vice President, Project & Development Services

Backed by a stable economy and strong access to talent, Boston’s presence on the global stage doesn’t seem to be going anywhere anytime soon. As office demand remains strong in the market, workplace trends are reflecting the changing perception of what an office should look like. With 2.32 m.s.f. of new office space under… Read More

What a Boston office fit out will cost you

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From Mason Mularoni
Research Manager

We believe real estate provides organizations the potential to achieve their ambitions, with a successfully delivered office fit out a key vehicle for this real estate success. As the final step in the new office journey, an office fit out includes the design, construction and furnishing of a physical workplace. These fit outs can range in scope based on… 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

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

As Greater Boston’s economy flourishes, so does commercial real estate

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From Julia Georgules
New England Research Director

What a year it was for Boston metro’s office market in 2017. As economic conditions locally continued to improve, the office market benefited from significant tenant demand, bolstered not only by locally-based companies expanding in the market, but also by new entrants looking to tap into the area’s talent and innovation engines.

Likewise, the metro’s industrial market also… Read More