Category Archives: JLL

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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KTVU: Oakland’s boat lifting on San Francisco’s rising tide

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July 13, 2016

By: Kristina Sanderson, Marketing Director, JLL

The economic growth we’ve seen in the Bay Area in the last five years has driven demand for office space throughout the region, with tech leading that trend. San Francisco and Silicon Valley have captured the lion’s share of this demand, but with little space left in those markets, tenants are now looking to Oakland and the East Bay to expand.

Amber Schiada, Vice President and Director of Research… Read More

We are Technology

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June 13, 2016

By: Ryan Mathews, Marketing Manager, JLL

In a recent interview, JLL Northwest market director Elizabeth Hearle pointed to the pace of technological change as one of the biggest challenges facing the commercial real estate sector. She’s clearly not alone in that view.  Even outside the world of real estate, there is much to suggest that adoption of technology is speeding up.

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Industrial Buildings: Out with the Old, in with the New

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By: Amber Schiada, Vice President & Director of Research

The industrial real estate market looks set to enjoy another great year in 2016.

Nationally, vacancy in warehouse-distribution, manufacturing and other industrial buildings was just 6.2 percent in Q1, which is 1.2 percent lower than it was in the last cycle (2008).  Between 2014 and the first quarter of 2016, net absorption of industrial real… Read More

JLL Women’s Business Network’s “Evolving Workplace” event recap

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April 28, 2016

By: Brittany Guarna-Martinez, Marketing Coordinator

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Earlier this month, over 40 professional women in real estate came together at the JLL Women’s Business Network’s “Evolving Workplace” event. Hosted at CloudFlare’s brand new office in the SoMa district of San Francisco, the event featured an esteemed panel of guest speakers including Julia Hopkins-Powers of Two Furnish, Amy… Read More

NERDS…in the East Bay?

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By: Amber Schiada, Vice President & Director of Research

What does Oakland and the East Bay have in common with Nashville, Raleigh Durham, Denver and Salt Lake City?  Well, probably not country music. Or exceptional college basketball (although we do have the best NBA team in the country….Go Warriors!)  The East Bay isn’t anywhere near being exactly one mile above sea-level.  Nor was it founded by Mormon missionaries, although there is a very impressive LDS… Read More

San Francisco Bay Area Office Market Overview: Q1 2016

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By: Amber Schiada, Vice President & Director of Research

Despite concerns with global market volatility, Bay Area office markets started 2016 on a solid basis. We’ve included a review of the Q1 highlights for each of the five Bay Area markets below which tracked in our recent Office Outlook report.

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SAN FRANCISCO

  • Total sublease space on the market in the city approaches levels last seen in
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Play Ball! Bay Area Baseball Season Underway

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By: Ryan Mathews, Marketing Manager, JLL

Major League Baseball’s regular season began this week, and the Bay Area has a lot to look forward to.

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Photo credit: San Francisco Giants @SFGiants

On Monday night, the Oakland A’s had their home opener at Oakland Coliseum and narrowly lost to the Chicago White Sox, 4-3.  The San Francisco Giants opened the season on… Read More

Why culture is key to increasing engagement

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

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Culture is intangible, hard to measure actively, yet easy to sense when you walk into an office space. Workplaces are rarely neutral when it comes to communicating a buzz of engagement or a sluggish vibe of resignation. Company culture can significantly affect very real business outputs. Companies

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Is San Francisco’s Sublease Sky Falling? We think it’s unlikely, here’s why.

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

Are we about to witness a sublease crisis in San Francisco’s office market?  We think it is unlikely in the near term.  Here’s why:

pexels-photo-29821Sublease space has increased, reaching 2.27MSF in the last week of March.  That’s up from an average of 1.5MSF throughout 2015. While any rise in sublease space is concerning and this amount of sublease space is… Read More