Author Archives: JLL Edge

Quick survey: how many people reading this are working from home? 

0 CommentsBy

By: Allison Clark, Leasing Broker, JLL

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.

Transbay park will provide a vibrant oasis

0 CommentsBy

Date: May 2, 2018

By: Steve Anderson, Managing Director, JLL

The Lorax would be happy in San Francisco. Amid the concrete canyons and the bustle of downtown and the homes and shops of the city’s neighborhoods, there are more than 220 public parks and open spaces. Curbed has mapped 46 of the best.

New Growth

Perhaps soon to be added to that list, San Francisco’s latest park is taking shape seventy feet above Folsom Street… Read More

Tenant deposits are up. Why, and what you can do.

2 CommentsBy

April 24, 2017

By: Alex Lassar, Senior Vice President, JLL

A clear trend is developing in the market for office space in the Bay Area: landlords are asking more tenants for higher deposits. Deposits are highest for younger, venture-backed companies without much operating history or clear path to profitability.

Photo credit: Mike Cohen, mjcohen photography,… Read More

JLL’s Illina Frankiv to climb the 7 tallest summits in the world

0 CommentsBy

April 17, 2017

By: JLL Staff Writer

What does achieving ambitions look like? For Illina Frankiv, Project Manager Renewable Energy at JLL, it’s a view from 29,029 feet.

The project manager and mountaineer was recently featured in JLL’s Achieve Ambitions video campaign after she successfully summited Mt. Denali, the tallest mountain in North America.

Ain’t no mountain high enough

“The goal is to climb Everest in 2018, but there will be many more mountains in between. I’m a… Read More

Raiders rent hike in Oakland wasn’t really that bad

0 CommentsBy

April 10, 2017

By: Grant Yeatman, Senior Associate, JLL

The Raiders are leaving Oakland…again. This time they are headed to Las Vegas, where, we’re told, a $1.9 billion domed stadium will be built in the desert, or not far from it.

One of the reasons the Raiders wanted to leave the Oakland-Alameda County Coliseum, we’re also told, is because their rent “at the office” skyrocketed last year from $925,000 to $3.5 million. To be… Read More

Investors drawn to 35% higher office rents near East Bay BART stations

0 CommentsBy

April 3, 2017

By: Sam Swan, Managing Director, JLL

How much would you pay to own a house within a short walk of your local train station, or bus stop? Anecdotal evidence, as well as data from residential listing services, suggests most buyers are willing to pay a premium.

Residential trends mirror commercial

For instance,… Read More

Same-day delivery demand drives last mile distribution

0 CommentsBy

March 27, 2017

By: Jason Ovadia, Managing Director, JLL

Annual e-commerce sales reached almost $2 trillion worldwide in 2016 and could reach $4 trillion in 2020 if double digit growth projections through the rest of the decade are accurate. Currently accounting for almost 9 percent of total retail spending worldwide, that share could top 15 percent if 2020 projects prove accurate.

Read More

Three reasons why construction costs are going up in San Francisco

0 CommentsBy

March 20, 2017

By: David Churton, International Director, JLL

There are three reasons why it’s not going to get any less expensive to build a major office building – or other real estate – in San Francisco. Not, at least, anytime soon.

Cost of land. Cost of materials. Cost of labor.

First, land–we know they aren’t making any more of it. San Francisco also has some unique geographical hurdles when it comes to building. Until… Read More

Interest rate hikes – impact on commercial real estate

0 CommentsBy

March 13, 2017

By: Christopher T. Roeder, International Director, JLL

“Mr Bond, they have a saying in Chicago: “Once is happenstance, twice is coincidence, the third time it’s enemy action.”  — Auric Goldfinger, (Goldfinger, Ian Fleming, Jonathan Cape, 1959)

Interest rates are rising. After two moves by the Fed to raise rates in the last decade, it seems highly likely we’ll see three rate hikes this year. The first may already be upon us as… Read More

Uptown Oakland | Creative people, places, and spaces

0 CommentsBy

March 6, 2017

By: Kristi Childers, Senior Associate, JLL

The American Planning Association’s choice as one of the hottest neighborhoods, Uptown Oakland is culturally diverse, artistic, and harbors an entrepreneurial spirit unique to the city. It’s also one of the country’s hottest ‘fringe’ markets according to a recent JLL research report.

OaklandRead More

Photo