California wildfire season was tough in 2017, but NorCal economy survived

0 CommentsBy

January 11, 2017

By: Susan Persin, Research Director, Northern California, JLL

Last year was a tough fire year for Californians. Dry conditions and strong winds were a devastating combination. Damage estimates from fires throughout the state topped $10 billion before the impact of the Southern California wildfires had been measured. The acreage burned in 2017 was double that of the average for the last five years. In fact, an area equivalent to three times the… Read More

Think globally, give locally

0 CommentsBy

December 10, 2017

By: Tom Poser, Executive Vice President, JLL

This is the time of the year when our thoughts and actions turn toward others. After all, it’s known as the Season of Sharing.

Being a good corporate citizen is one of JLL’s primary ambitions as a firm. In fact, the firm was recently ranked first among financial, insurance and real estate companies in Corporate Responsibility magazine’s 100 Best Corporate Citizens list.

Giving back to the… Read More

Tech-by-the-Bay: Less of a bubble, more of an economic revolution

0 CommentsBy

November 28, 2017

 By: Steffen Kammerer, Senior Vice President, JLL

JLL’s latest report on Tech Office Trends shows the Bay Area’s continuing dominance as a global center of innovation.

This may be news to some of you reading this, but the revered “three dot” Chronicle columnist Herb Caen christened San Francisco “Baghdad-by-the-Bay” because of its diversity and multiculturalism. While that diversity still exists, if he were alive today I’d like to think he’d propose… Read More

Bay Area making a mark on manufacturing

0 CommentsBy

November 14, 2017

By: Greg Matter, Managing Director, JLL

For a region much better known for its concentration of technology companies, there sure is a lot of manufacturing going on in the Bay Area. That’s one of the key findings of new report  co-produced by JLL and the Bay Area Urban Manufacturing (BAUM) Initiative, a project of SFMade.

Fully ten percent of the region’s workforce is employed in the manufacturing sector and more than… Read More

Northern California office market overview – Q3 2017

0 CommentsBy

October 25, 2017

By: Susan Persin, Research Director, Northern California, JLL

SAN FRANCISCO OFFICE MARKET, Q3 2017
  • Positive absorption returns to San Francisco as large tenants move in to pre-leased space.
  • About 3.6 MSF of new space to be added to market by Q1 2018 with delivery of Salesforce Tower and 350 Bush. However,
  • Read More

Real estate gold rush: it isn’t always the miner who gets the gold

0 CommentsBy

October 4, 2017

By: Andy Poppink, Managing Director, JLL

This writing is based on a keynote presentation I delivered at the DisruptCRE / JLL Live event held in San Francisco on September 14th.

  “If I had asked people what they wanted, they would have said faster horses.”  — Henry Ford

That’s the point of innovation, isn’t it? We often really don’t know what we want or need until someone like a Ford or a Gates… Read More

Mobile phone screens are the new “land grab” for retailers

0 CommentsBy

September 25, 2017

By: Michael DeMaria, Managing Director, JLL

Retailers have been quicker to adopt new technologies than most other users of ‘brick and mortar’ real estate.

This statement might seem a little confusing given that ‘traditional’ retailers have taken a bit of a beating recently due to the rapid rise and reach of e-commerce, but it’s true.  Here’s why.

There’s an app for that

While 95 percent of Americans own a mobile phone of some… Read More

Cool cribs aren’t just for techies

0 CommentsBy

September 19, 2017

By: Alex Holton, Senior Vice President, LEED AP BD+C, JLL

Our data for this is purely anecdotal, but San Francisco has perhaps the highest density of coolest office spaces of any city in America.  Just flip through any number of ‘Cool Spaces’ blogs and features or scroll through tech websites like Cnet or Wired or Techcrunch and you’ll see the evidence. There’s also entire websites dedicated to showcasing cool office… Read More

Why has culture become so important in today’s workplace?

0 CommentsBy

Date: August 14, 2017

By: Gina Prasad, JLL, Chief Operating Officer, West

We hear a lot in business today about ‘culture’. Culture was Merriam-Webster’s ‘Word of the Year’ in 2014, partly because of the way it has been used in business circles. It’s becoming even more important as companies look to build strong brands.

Conventional wisdom suggests that a strong company culture is the sign of a good business. Often, a positive company culture… Read More

Northern California skylines filling up fast

1 CommentBy

July 31, 2017

By: Susan Persin, Northern California Research Director

The Northern California megaregion isn’t the most populous in the country but it is one of the most productive. In 2014, the 21 counties making up our megaregion – from Yuba in the north to Monterey in the south – had a combined gross regional product of $875 billion, the highest of any region in the country.

This strong economy is evident in everyday… Read More