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Using data to navigate office space construction costs

June 5, 20180 CommentsBy JLL Edge

June 5, 2018

By: Ann Montilla, Vice President, JLL

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.

Traditional vs complex

With… Read More

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Cryptocurrency is rolling in the deep

May 16, 20180 CommentsBy JLL Edge

May 16, 2018

By: Brittan Hawken, JLL

Preface

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.

Cryptocurrency performance

You know an investment sector is taking off… Read More

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Inclusion is the better business disruptor

May 10, 20180 CommentsBy JLL Edge

May 10, 2018

By: Candy Ramirez, JLL

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

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Where have all the workers gone?

May 8, 20180 CommentsBy JLL Edge

May 8, 2018

By: Jack Nelson, JLL

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

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Planning an Agile Workplace? Here’s some things you need to know.

April 17, 20180 CommentsBy JLL Edge

April 17, 2018

By: Linda Kramer, Occupancy Planning, JLL & Katie Rodrigues, Workplace Strategy, JLL

Agile methodology used to be the sole domain of computing and IT departments. Today, the concept has spread to working in general—including the workplaces in which the work is performed. So, when you’re thinking about the future of work, agility should be top of mind.

Formation before function

Agile methodology was conceived as a management concept to speed IT projects, such… Read More

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Frugal, fresh and floorplates define Northern California’s 2018 grocery sector

April 11, 20180 CommentsBy JLL Edge

April 11, 2018

By: Jeff Badstubner, Senior Vice President, Retail Market Lead, JLL

Growth in Northern California’s grocery retail sector has been a “start and stop” affair in the last two years, following some tectonic regional shifts in 2015, most notably the $9 billion acquisition of Pleasanton-based Safeway by Albertsons. High construction and labor costs in the Bay Area have shown no signs of abating and this, as well as physical and psychological… Read More

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What does your headquarter office say about your company?

April 5, 20180 CommentsBy JLL Edge

April 5, 2018

By: Rich Branning, Managing Director, JLL

Remember when you were in the last couple of years of high school and you started to plan ‘the campus visit’? Is there a better way to figure out which college suits you best?

Even today, when prospective students can tour sitting at their… Read More

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March Madness: Leadership, creativity, street smarts and risk-taking

March 13, 20181 CommentBy JLL Edge

March 13, 2018

By: Rich Branning, Managing Director, JLL

Oh boy, it’s that time of the year again: MARCH MADNESS! The brackets are out. I’m ready for tip-off.

This year is a bit different though. Just before the four best prepared teams head to San Antonio for the Final Four (March 31-April 2) I’ll be celebrating a poignant anniversary. On March 25, it will be exactly 40 years since my teammates and I celebrated… Read More

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Northern California office markets end year on a high note

February 22, 20180 CommentsBy JLL Edge

February 22, 2018

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

A string of four mega leases, all closed in the fourth quarter of the year, capped a record-setting year for San Francisco’s office market. With 18 leases over 100,000 square feet, 2017 surpassed 2014 for major leases signed. Around Northern California, other records were set. Here are highlights for the region’s major submarkets, along with our outlook for 2018.

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Retail loves the digital age

January 23, 20180 CommentsBy JLL Edge

January 23, 2018

By: Ben Lazzareschi, Executive Vice President, JLL Retail

They say love is all around. Well, if you are in a shopping mall, so is technology. Geotracking – the ability to follow shoppers using signals in the their mobile phones – may sound a bit sinister but it is actually helping mall landlords and retailers be more efficient in marketing to their customers.

Geofence

JLL is using a new tool – appropriately called… Read More

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