In a survey conducted by LinkedIn, 7,000 members were asked what workplace trends they thought will disappear in the next five years. According to the professionals, the top 10 items and office trends that are becoming rare and could even disappear in the next five years are: 1. Tape recorders (79 percent) 2. Fax machines [...]
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Hotels on the horizon: development in the Seaport
Massachusetts Convention Center Authority (MCCA) has awarded Commonwealth Ventures, Starwood Hotels and Jones Lang LaSalle a new hotel development project across from the Boston Convention & Exhibition Center in Boston’s Seaport District. The project will bring 510 mid-priced rooms to the district and will be an integral part in the transformation of the D Street [...]
Chart of the week
After the burst of the housing bubble in 2008, the commercial real estate market took a hit on all fronts. While the office, industrial, and retail markets continue to work towards recovery, multifamily has outperformed the rest and continues to do so. As a result, multifamily construction has become highly attractive and the pipeline for [...]
Chart of the week
Here is the third in our series of market dynamics snap shots. Young workers are choosing transit oriented communities over suburban sprawl. Live, work and play is the mantra in our market. Cutting edge employment sectors like life sciences and biotech are attracting top talent to urban settings. A prime example of this is Biogen’s [...]
BIO day two – delicacies abound
From Erin Bovee National Life Sciences Research Lead Jones Lang LaSalle On the heels of an exciting day one at the BIO ’12 International Life Sciences Convention, Mayor Menino kicked off the second day by announcing that Boston continues to lead the nation in NIH funding. This marks the 17th year in a row, with [...]
Day two from BIO
From Don Domoretsky Vice President Life Sciences Practice Group Day one of BIO 2012 yesterday was a great opportunity for representatives from all of our service lines to meet patent attorneys, mergers and acquisitions experts, economic development councils, and the scientific community in general. Today I look forward to attending multiple panel discussions and breakout [...]
BIO ’12 International Convention begins today in Boston
The BIO ’12 International Convention, the world’s largest life sciences and biotech show, just opened here at the Boston Convention and Exhibition Center. With an estimated 16,000 attendees and 4,000 exhibitors, the four-day event promises to be as hot as the Innovation District itself. BIO will infuse $27 million into the city’s economy. At Booth [...]
A peak before BIO
As we gear up for the BIO 2012 International Convention coming to the BCEC June 18-21, our Life Sciences team is putting finishing touches to the first Life Sciences Cluster Report for the Boston market. Here is a peak at some of the high level analysis. Impacts of the global economic recession, increased competition, pricing [...]
Support for Parcel 9 Haymarket Square Hotel
Jones Lang LaSalle and Normandy Real Estate Partners, along with architect Perkins + Will, have been selected by MassDOT as one of four finalists for the development of the Haymarket Square Hotel on Parcel 9. The site is on the fringe of the North End, Quincy Market, Bullfinch Triangle and Financial District. Haymarket Square Hotel is a [...]
Going digital in a global company – part 1
From Tina Snyder Assistant Vice President, Creative Services Jones Lang LaSalle This interview also appears on Placester. They recently caught up with Tina over coffee to talk about what digital means to real estate. Q: As a “brand ambassador” what are you working on now? A: I am in the midst of developing numerous branding [...]