January 9, 2013 •
Categories: By Date, Contributors, January 2013, Lori Mabardi •
by stephen.steinberg@am.jll.com
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 [...]
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January 4, 2013 •
Categories: By Date, Contributors, January 2013, Lori Mabardi •
by stephen.steinberg@am.jll.com
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 [...]
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November 26, 2012 •
Categories: By Date, Contributors, Lori Mabardi •
by stephen.steinberg@am.jll.com
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 [...]
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May 8, 2012 •
Categories: By Date, Contributors, Lori Mabardi, May 2012 •
by stephen.steinberg@am.jll.com
From Lori Mabardi Research Manager Jones Lang LaSalle The ground breaking has occurred on a 12,000 square foot Innovation Center in the middle of the Seaport District. This is the first part of the 23-acre Seaport Square development project. Here, start-ups will be able to meet, share ideas and innovate. See the recent Boston Globe [...]
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April 17, 2012 •
Categories: By Date, Contributors, Lori Mabardi •
by stephen.steinberg@am.jll.com
From Lori Mabardi Research Manager Jones Lang LaSalle According to a recent Jones Lang LaSalle Research study, the Seaport District stands out as one of the strongest submarkets in the US. A ranking of 118 submarkets across the top 40 metro areas ranks the Seaport District fourth in total net absorption as a percentage of [...]
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February 20, 2012 •
Categories: By Date, Contributors, February 2012, Lori Mabardi •
by stephen.steinberg@am.jll.com
From Lori Mabardi Research Manager Jones Lang LaSalle In March 2009, I watched our Federal Reserve Chairman Ben Bernanke on 60 Minutes. At the time the Dow Jones had rebounded to just above 7200 after hitting a low of 6626 a few days before. The recession was not yet over, and financial markets were still [...]
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January 3, 2012 •
Categories: By Date, Contributors, January 2012, Lori Mabardi •
by stephen.steinberg@am.jll.com
From Lori Mabardi Research Manager Jones Lang LaSalle In a recent article, I mentioned that prolonged weakness in consumer/business demand from Europe would weigh on Bay State exports. After getting a few questions I thought I’d share some interesting data. Yes, Boston is a service based economy as 85% of GDP comes from service-based employment. [...]
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July 13, 2011 •
Categories: Economy, July 2011, Lori Mabardi •
by admin
From Lori Mabardi Research Manager Jones Lang LaSalle Our July edition of Marketscape Monthly shows that Boston’s real estate fundamentals continue to improve. Net absorption through Q2 has already reached 75% of full year 2010 levels. At 19.8% total vacancy, the metro is inching its way off the cyclical peak of 22.5%. This is starting [...]
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June 13, 2011 •
Categories: General, June 2011, Lori Mabardi •
by stephen.steinberg@am.jll.com
from Lori Mabardi Research Manager Jones Lang LaSalle I’m sitting on a flight home to Boston, grateful we weren’t delayed at O’Hare like many others, and thankful for having just attended Jones Lang LaSalle’s CMR (Communications, Marketing and Research) Summit. Today is my one month anniversary with the firm. This conference was the perfect way [...]
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