Category Archives: Research

Rents rise, absorption drops, and other Q1 office trends

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strope_blogFrom Lisa Strope
New England Research Director

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Q1 office rents continued on an upward trend and demand for space advanced across the market, pointing to another solid year for Greater Boston. On the heels of three consecutive years of near record-breaking occupancy… Read More

Boston’s momentum on par with world’s leading cities

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strope_blogFrom Lisa Strope
New England Research Director

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Boston has been firmly planted on the world stage for some time now and it doesn’t appear that will be changing anytime soon. For the third straight year Boston ranks among the top 10 cities… Read More

Data center download: An inside look at key trends impacting the Boston market

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Cole_Gabe_Color_Casual_HiResFrom Gabe Cole
Managing Director, Data Centers

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In 2016 the data center market saw big deals from major players, new economic and regulatory policy, and the wild card that is strategic cloud adoption. As JLL’s latest Data Center Outlook reveals, there are… Read More

Boston remains among most expensive cities to build as construction growth stabilizes

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According to JLL’s latest Construction Outlook, the US construction market remained stable and growing last quarter, with key indicators such as construction spending, construction backlog and under construction pipeline showing solid progress alongside an expected uptick in costs. Though the rate of growth in the industry is slowing, construction spending continues to hit cyclical highs.

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3 things you need to know about MIT CRE’s new Real Estate Innovation Lab

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Breslau_Ben_1_Color_Casual_HiResFrom Ben Breslau
Director of Americas Research

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As you may have heard, JLL recently announced it will be the founding industry partner of the MIT Center for Real Estate’s newly established Real Estate Innovation Lab. Both of our organizations have a shared… Read More

Law firms aggressively rightsizing in Boston and across the US

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Heller_Ben_Color_Casual_HiResFrom Ben Heller
Managing Director, Downtown Boston Leasing

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Law firms here in Boston and across the country are aggressively rightsizing as they look for opportunities to realize significant cost savings. In fact, according to JLL’s recently released Law Firm Perspective, throughout the… Read More

Q3 ends with flurry of leasing activity

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strope_blogFrom Lisa Strope
New England Research Director

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Despite a slow start during the first half of the year, leasing activity picked up the pace as the third quarter closed with a flurry of deals in the Boston CBD. 28 leases over 20,000… Read More

Greater Boston remains top life sciences cluster as competition drives vertical integration of industry

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It should be no surprise that JLL’s fifth annual Life Sciences Outlook reveals Greater Boston is the top cluster in the US. In fact, the region, which has been #1 since JLL began producing its report in 2011, possesses the largest concentration of life science researchers in the country and has more than 3.75 million square feet of requirements. To top it off, the Boston area has accounted for more than 1/3 of the… 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

Greater Boston fundamentals hold strong in Q2

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strope_blogFrom Lisa Strope
New England Research Manager

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As the world recovers from the recent news of Britain’s departure from the E.U., now is a good time to focus on long-term fundamentals like tenant demand and growth prospects. To that end, fundamentals remain strong… Read More