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
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
Recently, I made a presentation at the AVI-SPL TechExchange. The information shared was on the topic of the changing nature – and design – of the corporate workplace. Considering our largely IT audience, how technology has totally changed where and how people work was the primary focus.
A big part of the reason for this is the impact technology has on worker mobility and… Read More
It’s reset time for the San Francisco hospitality market. After 9 years of little or no new hotel construction, San Francisco is set to see four major hotels open this year. They are: Yotel SF in mid-Market; Hotel Via in SOMA; Virgin Hotel and the Marriott Mission Bay. Another six or so hotels are also in planning and due to… Read More
Look at any list of the most expensive places to live or work today and chances are San Francisco will appear on that list. The city’s rise as a tech and financial hub as well as a headquarters location is well documented and has driven it to a high level of global prominence. Earlier this year, we even listed San Francisco among our… Read More
Adaptive re-use has become a key component of the commercial real estate world, especially in development-constrained cities like San Francisco where raw land is hard to find, and often prohibitively expensive. But, it takes a certain vision to see beyond the current state or role of a building to what it might become.
1986. The American president was an actor/tv star-turned-politician and the U.S. media was busy chasing a story that would embroil the White House in congressional hearings and scandal (Iran-Contra). Meanwhile, in San Francisco, voters were adopting Proposition M, the first legislation anywhere in the country to limit high-rise office development on an annual basis.
2017. The American president is a reality TV star/businessman-turned-politician… Read More
“The brain is a wonderful organ; it starts working the moment you get up in the morning and does not stop until you get into the office.” – Robert Frost
Poet Robert Frost might have changed his opinion of the office if he had been writing those words today in Silicon Valley, San Francisco or Seattle. Tech-dominated markets in the Pacific Northwest have some of… Read More
First quarter stats show that more office and industrial tenants are looking to the North Bay counties of Marin, Sonoma, Napa and Solano for space options.
Substantial residential construction now underway in the region’s housing markets is one factor supporting this trend. In Sonoma County, more than 900 apartment units are currently under construction with several projects in the planning stages. Low unemployment… Read More
Telecommuting, a.k.a. work from home or WFH, is catching on – in a big way. According to the Society of Human Resource Management’s 2016 benefits survey, 60 percent of companies offer telecommuting. In the 1990s, only 20 percent offered work from home options. In 1995, Gallup found that nine percent of workers worked from home. By 2015, work from home numbers reached 37 percent.