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).

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.