Boston's rankings as No. 14 in the world and fourth in commercial real estate investment in the U.S. were unchanged from the previous year's rankings. Another impressive finish in this year's rankings was that Boston came in at number one in the United States in terms of commercial office investment and number seven worldwide.

In its report JLL credits Boston's tech-focused real estate market and Millennial employee-base as key drivers of the heady real estate investment activity.

The JLL Investment Intensity Index compared the volume of direct commercial real estate investment in a city over a three-year period relative to the city's current economic size. The brokerage firm studied 150 cities across the globe.

“Global competition continues to intensify and investors are targeting small- to medium-sized cities,” says JLL director, global research Jeremy Kelly. “It's changing the investment landscape. New world cities in the US that excel in innovation and transparency are now firmly on global investors' radars as they look to tap into their dynamic economies.”

JLL New England research manager Lisa Strope adds, “In the past 10 years Boston has become a top destination for global investment due in part to its unique blend of a young and talented workforce, resources and academic and inspiring incubator community that drives innovation. With some uncertainty in global markets in 2017, Boston will continue to attract foreign investment because of our solid economic foundation balanced by a diverse number of growing industries.”

Boston was one of a host of “New World Cities,” which JLL describes as small to medium-sized cities that boast robust infrastructure and attractive livability platforms, that saw increases in commercial real estate investment. The contribution of the New World Cities sector to overall global real estate investment volumes rose from 12% in 2206 to 23% in 2016.

BOSTON—The City of Boston for the second straight year can point to its commercial real estate investment market as included in the same high-profile global ilk as London, the Silicon Valley and New York City.

Boston once again ranked among the top Global 30 in the recently released 2017 Investment Intensity Index released recently by commercial brokerage firm JLL. This year, Boston ranked No. 14 worldwide in commercial real estate investment activity, bested by only the Silicon Valley (No. 5), New York City (No. 9) and San Francisco (No. 12) among all domestic cities.

Other U.S. cities that cracked the Global 30 list include: Las Vegas (No. 15), Raleigh-Durham (No. 18), Los Angeles (No. 20), Seattle (No. 21), Washington, DC (No. 22), Austin, TX (No. 23), Denver (No. 26), Phoenix (No. 27), and San Diego (No. 29).

Tops on the global list were Oslo, Norway, followed by London, Munich and Edinburgh, Scotland.

Boston's rankings as No. 14 in the world and fourth in commercial real estate investment in the U.S. were unchanged from the previous year's rankings. Another impressive finish in this year's rankings was that Boston came in at number one in the United States in terms of commercial office investment and number seven worldwide.

In its report JLL credits Boston's tech-focused real estate market and Millennial employee-base as key drivers of the heady real estate investment activity.

The JLL Investment Intensity Index compared the volume of direct commercial real estate investment in a city over a three-year period relative to the city's current economic size. The brokerage firm studied 150 cities across the globe.

“Global competition continues to intensify and investors are targeting small- to medium-sized cities,” says JLL director, global research Jeremy Kelly. “It's changing the investment landscape. New world cities in the US that excel in innovation and transparency are now firmly on global investors' radars as they look to tap into their dynamic economies.”

JLL New England research manager Lisa Strope adds, “In the past 10 years Boston has become a top destination for global investment due in part to its unique blend of a young and talented workforce, resources and academic and inspiring incubator community that drives innovation. With some uncertainty in global markets in 2017, Boston will continue to attract foreign investment because of our solid economic foundation balanced by a diverse number of growing industries.”

Boston was one of a host of “New World Cities,” which JLL describes as small to medium-sized cities that boast robust infrastructure and attractive livability platforms, that saw increases in commercial real estate investment. The contribution of the New World Cities sector to overall global real estate investment volumes rose from 12% in 2206 to 23% in 2016.