Category Archives: Jones Lang LaSalle

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… Read More

San Francisco Office Market Costs in Two PowerPoint Slides

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June 8, 2016

By: Todd C. Burns, President, Project and Development Services

Earlier this month, JLL released its updated report on construction costs and trends in the U.S.  Not surprisingly, costs to build office space in San Francisco are still rising and are now on a par with Boston and Chicago, though still trail New York City.

However, as the slides below show, San Francisco landlords are able to ask for rents now on a par… Read More

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… 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… 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
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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… 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

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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… Read More

The benefits of a desirable workplace

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By: JLL Staff Writer

Genuine expression of a strong and vibrant company culture can also serve to attract new talent. One workplace study indicates that the combination of organizational culture and workplace facilities outweighs salary and benefits as the influential factors in choosing an employer.

This observation is backed by another study (Fig 3) where 74 percent of candidates would consider a slightly lower paying job in a company

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Going the extra mile – Why engaged workers drive business performance

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By: JLL Research

Engaged workers are defined by the consistent discretionary effort they bring to their work practice; they “go the extra mile.” Their own sense of personal success is tied to the business goals, and they develop an emotional connection to the organization. This connection makes them more effective at their job, and they are more likely to develop innovative practices that lead to competitive advantages.

Developing

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