In today’s all out-war for talent, in one of the tightest labor markets in the history of this country, companies have to pull out all the stops to win.
Earlier this summer, Walmart Inc., the largest private employer in the U.S., became the latest US company to offer employees the perk of heavily subsidized college tuition. The Walmart program will give both part- and full-time… Read More
The Cloud. The Internet of Things (IoT). Artificial intelligence. Digital transformation. 5G.
These are just a few of the drivers behind the tremendous explosion in data demand in the U.S. today. They are also big reasons why the U.S. reportedly needs upwards of 4,000 new data centers to be built by 2020 just to keep pace with demand. That’s about 100,000MW of capacity. Our… Read More
The City of San Francisco is inching closer to Prop M limitations while new developments are leasing up. According to JLL’s “Impact of Prop M” report for July 2018, only two million square feet of office space is available in the current allocation period, with almost nine million square feet pending approval. If nothing new is added to the queue, it will take years… Read More
The $700 billion a year trucking industry is a vital component of any company’s logistics strategy and is responsible for moving about 70 percent of all freight tonnage in the U.S. Last year, total business spending on logistics in this country rose 6.2 percent to $1.5 trillion. Industry costs are rising, largely due to increased demand, higher fuel prices and, most importantly, a growing… Read More
By: Wes Powell, International Director & Tom Poser, Executive Vice President
The expected passage of Proposition C will impact building owners, investors and tenants. The tax will increase the gross receipts tax paid by the landlord, directly increasing their operating expenses. Real estate owners already fund a significant portion of the city’s tax revenue. On average, San Francisco generates $300-$400 million from transfer tax and nearly $2 billion in property… Read More
Fire. Flood. Earthquake. As company CFO, are these events what keep you awake at night worrying about potential business disruptors? How about a prolonged power outage?
What about your computer system being invaded by a malicious actor, either to steal information or to install ransomware? What if your cloud-based platform has a single point of failure that you overlooked?
Building out office space can be overwhelming – not to mention expensive.
This year, for example, we estimate that even basic fit-outs for traditional office space in San Francisco will run $173.74 per square foot for the average user. That’s for a design based on a simple, low-cost budget with finishes focused on function over quality and containing basic technology and aesthetic design.
Cryptocurrency and blockchain, the ledger technology behind most cryptocurrency, is having a dynamic and disruptive effect on many aspects of the commercial real estate sector. In a series of blogs, we take a look at the latest developments in crypto and blockchain and delve into the areas of commercial real estate where they are having the biggest impact.
You know an investment sector is taking off… Read More
A new white paper titled Diversity: The Business Advantage reinforces what recent reports by organizations like the Center for Talent Innovation, accounting firm Grant Thornton and academic journal the Harvard Business Review have also said: diversity and inclusion fuel innovation and help drive growth and success for companies in today’s business environment.
“For the third straight year, the National Association of Female Executives (NAFE) declared JLL the… Read More
Last week we learned big news: unemployment in the U.S. dipped below 4 percent for the first time since 2000. Now at 3.9 percent, the jobless rate is reaching historically low levels. Unemployment was lower during the Korean War and even dipped as low as 1.2 percent during WWII, but 3.9 percent is a significant figure for peacetime.
“The low labor participation rate in the U.S., even while… Read More