BOSTON—Brokerage firm JLL singled out Greater Boston as a hub for innovation and one of the top cities in the nation and the world for creating an environment that attracts new business, technology and foreign investment.

In JLL’s third annual City Momentum Index, Boston ranked number two in the nation behind the Silicon Valley, CA and number five globally. JLL officials cite the city’s record rent growth, its lowest vacancy rate since 2007 and considerable global investment activity as key factors for the city’s high rankings. In the worldwide rankings, Boston ranked behind the top four cities—London (1); Silicon Valley, CA, (2) Dublin (3), and Bangalore, India (4).

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