Tag Archives: Boston 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

Rethinking live, work, play

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Over the past 10 years, the demographic and economic makeup of the U.S. has changed quite a bit. Of note has been the influx of highly educated talent into the workforce. Interestingly, although this talent is clustering in major cities, they are working in the suburbs. According to our recent Ambitious Thinking: Smart Cities report, reverse commuting is actually up 11.6% over 2011 levels. In fact, more than 4.8 million people… Read More

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

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

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

Market momentum at a fever pitch

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From Julia Georgules
New England Research Director

It was an exciting third quarter in the Greater Boston office market with some big surprises and continued enthusiasm for the strength of the local economy. With big relocations like Alexion and PTC making a splash in the Seaport and news of organic expansions from companies like WeWork, Facebook and many others, momentum in most of the… 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

Top 10 stories of the summer

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As summer winds to a close, so too does the bevy of out of office email replies and constant vacations. While many of us were off relaxing, soaking in the sun, or hitting the links over the last several months, a number of exciting things happened around Greater Boston.

In case youRead More