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
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
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.
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
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
By: Alex Holton, Senior Vice President, LEED AP BD+C, JLL
Our data for this is purely anecdotal, but San Francisco has perhaps the highest density of coolest office spaces of any city in America. Just flip through any number of ‘Cool Spaces’ blogs and features or scroll through tech websites like Cnet or Wired or Techcrunch and you’ll see the evidence. There’s also entire websites dedicated to showcasing cool office… Read More