Tag Archives: boston commercial real estate

Top 10 stories of the summer

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As Labor Day approaches, and with it the unofficial end to the summer season, we thought we would look back at the top 10 stories from a memorable summer:

1. 3 reasons why Boston remains the nation’s top life sciences cluster

2. Boston’s massive Exchange South End life science and tech… Read More

As vacancy moves upward in the suburbs, Cambridge and Boston see further supply compression

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From Julia Georgules
New England Research Director

Boston MSA’s labor market remains one of the highest performing and stable across major U.S. markets. With an unemployment rate of 3.1 percent, among the lowest in the country, the strong labor force remains a major attraction for large tenants. 

Large blocks continue to disappear with major tenants like Wayfair,… Read More

How long can the boom last?

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From Ryan Severino
JLL Chief Economist

I had the distinct pleasure of presenting the economic overview at the recent NAIOP/SIOR Mid-Year Roundup. Here is a recap.

I wasn’t pandering to the audience when I said that Boston is one of the hottest cities in the US. Don’t underestimate this. It’s well documented. It has what I call “gateway status,” and remains the eighth largest metro… 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

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

How we achieve our ambitions

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2017 was yet another memorable year for us at JLL. Last week, our team gathered together at the New England Aquarium’s IMAX Theater to celebrate some of our greatest achievements over the past twelve months. From our service lines to our support teams we shared several new innovations and success stories.

One of the biggest takeaways from our meeting was the reveal of our Achieve Ambitions video. A year ago, JLL made… 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

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