Ask yourself this? Can you identify a month, or even a week, over the last two years when you have not had a package arrive at your doorstep thanks to online shopping? We’re guessing the answer is no for you and for most… Read More
The harder it is to get something, the more people want it. And that pretty much goes for all facets of life. So, the fact that nearly every life sciences company, both big and small, wants to be in East Cambridge—despite $70.66… Read More
According to JLL’s own Chief Economist Ryan Severino, who spoke last week at our 2018 forecasting event, the U.S. is currently experiencing a “goldilocks economy,” one that is “not too hot and not too cold.”
In Boston though, we might arguably be a little further on the “hot” end of the spectrum. As JLL New England Research Director Julia Georgules described, Boston’s resilient economy is stronger than ever. Since 1990, employment has… Read More
What do Millennials want? While it might surprise you, according to Ivy Zelman, Chief Executive Officer at Zelman & Associates, they want suburban life. In fact, a recent survey from The Zillow Group on Consumer Housing Trends says, “it’s a common myth that all Millennials are short-term buyers seeking homes in trendy, urban neighborhoods.” The report reveals that, in reality, half of all Millennials live in suburban communities.
“We’re only just starting to see what the GE effect could be.” So says Frank Petz, Managing Director of JLL’s Capital Markets team, when considering the potential short and long term impacts of GE’s recent relocation to the region. “The effect is going to be multidimensional and far-reaching, impacting not only the Boston economy, but the city’s culture, and future growth trajectory,” Petz added. “While it may not all happen immediately,… Read More
According to the latest JLL Global Capital Flows report, despite a 16% decline in overall US volumes over the past year, gateway and larger second tier cities like Boston are continuing to see investment demand in line with last year. In fact, the city ranked as the 10th most traded in the world in the first half of the year with $4.6 billion in total volume, and is home to lab… Read More
From Frank Petz
Managing Director, Capital Markets
Boston unquestionably remains among the world’s top investment targets, driven largely by cross-border capital. In fact, foreign ownership in Class A properties in Boston’s CBD has risen dramatically in the last ten years,… Read More
2015 was a memorable year for the JLL Capital Markets team. The group grew its market share significantly as investors recognized the value in a team that was built to provide full service capital markets expertise across the areas of office, industrial, retail, multi-family, hotel, and land sales as well as debt financing and equity placement.
In fact, JLL was recently ranked #1… Read More
Speaking at a recent NAIOP conference, JLL Capital Markets Managing Director Frank Petz characterized the current market as “heated, with no sign of cooling down.” Among the highlights, current pricing is way above the prior peak in 2007, for both Class A and Class B properties. On top of that, multifamily in particular is having a record year for Boston sales volume, far outpacing its previous high in 2007.
Frank Petz, Managing Director
New England Capital Markets
JLL is pleased to announce a new team of industry veterans and retail experts who have joined the Capital Markets team in the Boston office. Chris Angelone and Bill Moylan join as Managing Directors and Nat Heald as an Executive Vice President to further expand our offering in the New England region. Angelone will join me in co-leading the… Read More