Category Archives: Bay Area Commercial Real Estate

Cryptocurrency is rolling in the deep

0 CommentsBy

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

Where have all the workers gone?

0 CommentsBy

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

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

0 CommentsBy

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

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

0 CommentsBy

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

What does your headquarter office say about your company?

0 CommentsBy

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

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

0 CommentsBy

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

Northern California office markets end year on a high note

0 CommentsBy

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.

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