Boston, MA

We’ve seen downturns before. Boston-area office market will be OK. – The Boston Globe

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Though the workplace market in Higher Boston remains to be struggling, allow us to not neglect that this metropolis has traditionally fared higher than others due to its aggressive financial edge and that that is short-term (“Room to go: Firms in the reduction of on workplace area amid gradual return to workplaces and recession worries,” Enterprise, Oct. 24). Undoubtedly, macroeconomic headwinds are affecting business actual property and plenty of industries worldwide, however there are nonetheless many causes for optimism within the Boston space.

To record a couple of: Boston continues to guide the nation’s strongest life science market with large progress. Enterprise capital corporations proceed to put money into startup firms and small companies in our area. Moreover, as the house of artistic sciences, robotics, protection, and applied sciences, Boston will proceed to drive folks to the workplace for the momentum that comes from in-office collaboration on this metropolis.

That’s to not say that challenges and an outlook of a decreased tempo over the brief time period is not going to proceed to hamper workplace exercise via the top of the yr. However we now have been right here earlier than and have prevailed.

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Matt Daniels

New England brokerage lead and govt managing director

JLL

Boston



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