Category Archives: Commercial Real Estate

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

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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

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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

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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California wildfire season was tough in 2017, but NorCal economy survived

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January 11, 2017

By: Susan Persin, Research Director, Northern California, JLL

Last year was a tough fire year for Californians. Dry conditions and strong winds were a devastating combination. Damage estimates from fires throughout the state topped $10 billion before the impact of the Southern California wildfires had been measured. The acreage burned in 2017 was double that of the average for the last five years. In fact, an area equivalent to three times the… Read More

Think globally, give locally

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December 10, 2017

By: Tom Poser, Executive Vice President, JLL

This is the time of the year when our thoughts and actions turn toward others. After all, it’s known as the Season of Sharing.

Being a good corporate citizen is one of JLL’s primary ambitions as a firm. In fact, the firm was recently ranked first among financial, insurance and real estate companies in Corporate Responsibility magazine’s 100 Best Corporate Citizens list.

Giving back to the… Read More

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,
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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