Tag Archives: jll research

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

The workplace experience offsets location cost

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In our recent Tech Office Trends report, we explored six of the top trends impacting the real estate decisions of tech companies. One of the more notable trends was the thought of cost being irrelevant in terms of office location.

Even though Boston’s tech fit out cost is eight percent over the U.S. average, the market is still ranked number six for greatest absolute gain in tech employees in 2016. Major companies… Read More

Talent is key driver in Boston’s tech growth

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With the technology industry’s continued expansion beyond the west coast, Boston’s status as one of the nation’s prime technology hubs is on the rise. Although office location still proves to be a main factor for tech development, the potential talent available in these locations is having more bearing on where these companies are looking to grow.

According to our recently released Tech Office Trends, maintaining a highly skilled workforce remains one of… Read More

A crowded market and new competition creating challenges for law firms

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From Ben Heller
Managing Director, Downtown Boston Brokerage

With the market favoring landlords now and into the future, law firms across Greater Boston are being faced with new challenges relative to their office space that will take both creative and strategic solutions to solve.

Over the next several years, an unusually large number of firms will be entering the market looking for new space. With… Read More

Today’s changing dynamics are shaping tomorrow’s life sciences workplace

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Much of the conversation on changing workplace dynamics has focused on office space, but lab space has been equally as impacted. Like many other organizations, life sciences companies are facing stiff competition for top talent and are increasingly in search of ways to differentiate themselves. A premier, future-focused workplace is one way they can achieve that.

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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

Meet JLL Boston’s newest Research Director Julia Georgules

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Julia Georgules

The weather notwithstanding, Boston and San Francisco have a lot in common. Just ask JLL New England’s new Research Director Julia Georgules, who relocated to the Hub from the nation’s top tech hub a year ago.

“Seeing the rise of San Francisco was similar to where… Read More

A lack of supply paves the way for steadily rising rents in Boston

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While Boston has seen a surge in demand for Class B brick and beam product, there’s still nothing like the prestige of being in a premium office building – even if it comes with a sky-high cost. This year, the average price tag for space across North America’s Skyline buildings is $44.55 per square foot – an all-time high.

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Rents rise, absorption drops, and other Q1 office trends

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strope_blogFrom Lisa Strope
New England Research Director

View Lisa Strope's profile on LinkedIn

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… Read More