Zechariah 2:2-5  “…To measure Jerusalem…Jerusalem shall be inhabited as towns without walls…I will be the glory in her midst”
To measure something, to establish it’s dimensions, to settle its existence.  It will happen.  At some future point, Jerusalem will be inhabited without the need for walls for God Himself will be in her midst.

7-9  “…Escape, you who dwell with the daughter of Babylon…surely I will shake My hand against them…”
Admonition for Jews to get out of Babylon as judgment is coming for the city.  May also be a parallel for the end of the Tribulation when the last Babylon is destroyed.  The command is given for all Christ followers to get out then also.

10  “…I am coming and I will dwell in your midst…”
Last days reference.  God will dwell with them and be their God.

11  “Many nations shall be joined to the LORD in that day, and they shall become My people…”
Not just Jews, but Gentiles also come to Christ.  All nations are given to Him to become His people.  Obvious reference to last days, but commentary says there was also much conversion to Judaism when the Jews returned to the land after Babylon captivity.  More parallelism.

12  “…LORD will take possession of Judah as His inheritance in the Holy Land, and will again choose Jerusalem”
God gave the land of Israel to the Jews.  He has chosen Judah and Jerusalem as His inheritance for them forever.  Anyone who fails to see that or who makes the mistake of violating that will suffer the consequences.  He does not change His mind.  One day He Himself will reign from Jerusalem, the city of the Jews.

I hope you enjoy reading and studying His word.  May it accomplish what He desires.  Please feel free to comment or post questions.  Thanks for reading!

Scripture taken from the New King James Version®. Copyright © 1982 by Thomas Nelson. Used by permission. All rights reserved.