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Financial district at heart of solid year – part 2

From Lori Mabardi Research Manager Jones Lang LaSalle In the suburbs, the bright spot remains the 128/Mass Pike market where Class A rents have reached $32. Rents for the prime assets in the market are even higher, and currently equivalent to Seaport District B rents in the high $30’s. Cambridge actually saw rents decline but this [...]

Financial District at heart of solid year – part 1

From Lori Mabardi Research Manager Jones Lang LaSalle Our fourth quarter 2012 data for the Greater Boston markets reveals that Boston ended the year on a good note. The Greater Boston market registered 6.6 percent rent growth year-over-year, and a positive 1.4 million square feet in direct net absorption. At the heart of the strong [...]

Banks cutting real estate costs – part 2

From Lauren Picariello Director, Industry Research Jones Lang LaSalle Firms that can invest capital into relocating are taking advantage of the opportunity to consolidate and right size. There have been a handful of cases where companies are vacating existing offices to consolidate and downsize into a new centralized space. In a traditional banking hub like [...]

Crunch time

From Chelsey Fitch Property Manager Jones Lang LaSalle Year-end crunch time can be tough for those of us in real estate. Although it’s important to get things done, you must take care of your own mental health and have stress reduction methods in place. Here are some things that work for me. Come to work [...]

A tasty holiday exercise tip

From Noga Sachs MS Health Promotion Manager Jones Lang LaSalle With the changes to schedule, social occasion frequency, foods, and travel, it can be a real challenge to keep up exercise during the holidays. This is the time of year when you need it most. Exercise will help to keep your metabolism high to prevent [...]

Holiday stess busting

From Noga Sachs MS Health Promtion Manager Jones Lang LaSalle Whether it’s the planning, traveling, being surrounded by friends and family you’re not used to seeing, or loneliness that gets your blood pressure soaring during the holidays, preparing yourself for what lies ahead will keep that stress level low and your enjoyment level high! Here’s [...]

The transformation of first class office buildings

From Steve Wassersug Managing Director Jones Lang LaSalle Despite the fiscal cliff, there are a number of capital improvement programs recently completed or underway in Downtown Boston and Cambridge. Among them are 99 High in the Financial District, and One Rogers Street in Cambridge. Here is an quick look at both. As construction manager/general contractor, [...]

Boston positioned for accelerated recovery

From Lori Mabardi Research Manager Jones Lang LaSalle The US presidential election itself doesn’t clear the air of economic uncertainty. We have reasonable confidence that some or all of the fiscal cliff may be averted. The Euro crisis may, according to our Research team’s recent 2013 National Commercial Real Estate Outlook, get worse before it [...]

Thoughts on the start-up world

From Matt Giffune Vice President Jones Lang LaSalle I have been working with my co-founder John Kelleher on a project called Leasability for the better part of the past year. As a full time commercial real estate broker who has always been interested in tech, I encountered a problem in the office space leasing process [...]

Ties that bind – part 3

From Ben Breslau Managing Director, Americas Research Jones Lang LaSalle With the ULI Fall Meeting starting tomorrow, the Boston Blog caught up with Ben for a third time on what’s next for real estate development. Q: Which product types are institutional investors putting high on their purchase or hold list now? Is there a hot product [...]