Recent national and global developments have introduced a bout of volatility into the capital markets that have otherwise been steady and predictable in recent years. It’s becoming more complex for borrowers to navigate today’s commercial real estate market.
The unprecedented low-rate environment that institutional borrowers have become used to has shifted. Floating rate commercial bank loans, which had been tracking consistently in the LIBOR plus low 200 basis point range through much… Read More
By Christopher T. Roeder, International Director, JLL
Placemaking is a multi-faceted approach – some would say, a people-based approach – to the planning, design and management of public spaces. Recently, this definition has expanded to include not just public spaces but neighborhoods, and sometimes, entire cities.
Though placemaking is today a hotly debated issue among stakeholders such as municipal and urban planners, architects and the real estate development industry, the ideas behind placemaking are not new.… Read More
By: Kameron Schroeder, Vice President, JLL Walnut Creek
Large tenants — those needing 15,000 square feet or more of Class A office space — face a dilemma in the East Bay’s popular Walnut Creek/I-680N corridor market: very few large blocks of space are currently available for lease.
Walnut Creek has rapidly become one of the region’s most popular submarkets due to it being a high density/transit-oriented commuter hub, particularly attractive to the Millennial generation. … Read More
How much would a Bay Area business pay for its employees to be able to take a train to work and walk or bike less than 10 minutes to the office?
According to a recent research report compiled by JLL’s San Francisco Bay Area research team, about 30 percent more – on average – than businesses located more than a 10 minute walk from a station. The team… Read More
Girls on the Run of the Bay Area is an international non-profit organization whose mission is to “inspire girls to be joyful, healthy and confident using a fun, experience-based curriculum which creatively integrates running.” JLL’s Women’s Business Network in the San Francisco Bay Area, together with the JLL Health Champions of Northern California, recently partnered with Girls on the Run to support young women and girls in… Read More
Northern California isn’t getting any cheaper when it comes to construction costs.
Bay Area construction costs trail only New York
Not surprisingly perhaps — since they were also #2 and #3 respectively among the most expensive markets in which to build last quarter — San Francisco, and San Jose trail only lofty New York City in JLL’s 2016 Q3 U.S. Construction Outlook.
On November 17, I chaired and hosted a tour of Union Square as part of the International Council of Shopping Centers’ (ICSC) NextGen program. Myself, my colleague Ross White, Amber Wright of ROIC, and several other ICSC NextGen committee members (including about 60 other retail professionals) toured 10 buildings, each of which could be viewed as exemplifying a key trend with impact on the broader retail market in and… Read More
By: Ben Lazzareschi, Executive Vice President, JLL Retail
A flagship is a lead ship guiding a fleet, and today flagship stores act similarly for a retailer guiding their store portfolio with innovative concepts, technology and merchandise. JLL’s latest research report Flagship Confidential, shows an increase in retailers across all price points using a flagship store strategy. The report, which looks at 145 flagship stores in four of the most important markets of the… Read More
By: Christopher T. Roeder, International Director, JLL
Do you ever wonder what’s beneath the office building you work in? No, not the parking garage–what the building is constructed on?
Park Tower at Transbay isn’t just San Francisco’s most dynamic major office development—with 14 outdoor sky decks planned that boast sweeping bay views. It also incorporates state-of-the-art design and construction anchoring the soon to be 605-foot tall tower firmly 25 feet into bedrock.
“Everything is relative” might easily sum up the Venture Capital market in 2016. Q3 was a quiet quarter for what has traditionally been a dynamic industry. US venture capital funding fell 13 percent on a trailing basis. The number of VC-backed tech deals also dipped by 35 percent year-over-year.