Category Archives: Commercial Real Estate

The office as an experience

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July 20, 2017

By: Katie Rodrigues, Vice President, JLL Strategic Consulting

Recently, I made a presentation at the AVI-SPL TechExchange. The information shared was on the topic of the changing nature – and design – of the corporate workplace. Considering our largely IT audience, how technology has totally changed where and how people work was the primary focus.

A big part of the reason for this is the impact technology has on worker mobility and productivity.  According to… Read More

Prop M: At 31, San Francisco’s main millennial

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Date: June 19, 2017

By: Wes Powell and Jack Nelson, JLL

1986. The American president was an actor/tv star-turned-politician and the U.S. media was busy chasing a story that would embroil the White House in congressional hearings and scandal (Iran-Contra).  Meanwhile, in San Francisco, voters were adopting Proposition M, the first legislation anywhere in the country to limit high-rise office development on an annual basis.

2017. The American president is a reality TV star/businessman-turned-politician and the U.S.… Read More

What’s in a Name? 

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October 25, 2016

By: Amber Schiada, Vice President & Director of Research, JLL

The retail sector in San Francisco seems headed to yet another level.  The availability of retail space in Union Square – San Francisco’s premier shopping district – is at an all time low and rents have been headed northward at a rapid rate over the last three years.  Last week, one of the Square’s longest-running retail tenants announced it would be closing.  As in… Read More

Bay Area’s Vital Signs Snarled by Traffic

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October 5, 2016

By: Christan Basconcillo & Eduardo Romero, JLL Research

A new report from the Metropolitan Transportation Commission (MTC) came out this week and it wasn’t pretty reading for Bay Area commuters.

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To few people’s surprise – especially those of us who drove the routes last year — the northbound Peninsula afternoon commute on U.S.… Read More

5 Good Reasons Why Silicon Valley Power Is Consistently Ahead of the Game

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September 26, 2016

By: Raul Saavedra, Executive Vice President, JLL

Silicon Valley Power (SVP) may not the best known utility in California but if you operate heavy power load facilities such as data centers, it’s one you probably should get to know…and fast. From my industry vantage point, data center operators throughout the Bay Area are scrambling to work with the nonprofit. There is currently single digit vacancy in the data center space market in Santa… Read More

San Francisco’s Central SOMA Plan One Step Closer to Reality

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August 15, 2016

By: Jack Nelson, Research Analyst, JLL

City planners’ vision of creating San Francisco’s next major sustainable urban neighborhood took a major step forward last week with the official unveiling of the draft Central SOMA Plan.

Central SOMA (SOuth of MArket) is a 230-acre neighborhood adjacent to San Francisco’s downtown core.  Currently, it is a mix of light industrial, commercial and residential and, under current zoning, has the potential to build space for 10,000 new jobs… Read More

Oakland on Top – Global Office Index 2016

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August 10, 2016

By: Ryan Mathews, Marketing Manager, JLL

All-in-all, demand for corporate office space is proving incredibly resilient around the world.  According to JLL’s Global Office Index-Q2 2016 report rents on prime office assets across 110 markets covered worldwide increased 3.6% year-on-year in the second quarter, the fastest pace of annual growth in four years.

Nowhere was this trend more apparent than in Oakland, which had the largest annual rate of rent growth in its office sector… Read More

Apartment for Rent

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August 3, 2016

By: Brittany Martinez, Marketing Coordinator, JLL

The Bay Area’s rental apartment market is booming.  Vacancies throughout the greater Bay Area are highest in San Jose, at 3.7 percent.  That’s almost a full percentage point lower than the national average.  The availability of units in the East and North Bay markets is even lower, at 2.3 percent.

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East Bay Migration Outlook

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August 1, 2016

By: Katherine Billingsley, Research Analyst, JLL

The East Bay is emerging into the Bay Area spotlight, proving to be a viable contender to neighboring markets.

San Francisco’s high prices are prompting migrations, expansions, or partial moves into the East Bay. East Bay’s total average asking rents are nearly 50% less than San Francisco’s.

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Silicon Valley View Part 1

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July 20, 2016

By: Christan Basconcillo, Research Manager, JLL

Despite a new report card on the region’s economic health calling out traffic congestion and housing affordability as two of the biggest problems facing Silicon Valley’s growth track, its reputation as the premier innovation hub in the world seems secure, at least for the foreseeable future.

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