Category Archives: Bay Area Commercial Real Estate

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

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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?

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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

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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

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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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Tech-by-the-Bay: Less of a bubble, more of an economic revolution

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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

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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

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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

Real estate gold rush: it isn’t always the miner who gets the gold

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October 4, 2017

By: Andy Poppink, Managing Director, JLL

This writing is based on a keynote presentation I delivered at the DisruptCRE / JLL Live event held in San Francisco on September 14th.

  “If I had asked people what they wanted, they would have said faster horses.”  — Henry Ford

That’s the point of innovation, isn’t it? We often really don’t know what we want or need until someone like a Ford or a Gates… Read More

Mobile phone screens are the new “land grab” for retailers

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September 25, 2017

By: Michael DeMaria, Managing Director, JLL

Retailers have been quicker to adopt new technologies than most other users of ‘brick and mortar’ real estate.

This statement might seem a little confusing given that ‘traditional’ retailers have taken a bit of a beating recently due to the rapid rise and reach of e-commerce, but it’s true.  Here’s why.

There’s an app for that

While 95 percent of Americans own a mobile phone of some… Read More

Cool cribs aren’t just for techies

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September 19, 2017

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