Category Archives: Real Estate

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… 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… Read More

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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Sacramento Skyline Office Rents Buck National Trend

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July 18, 2016

By: Leo Canale, Senior Marketing Associate, JLL

Asking rents in the sixteen Sacramento CBD Class A office buildings that collectively make up JLL’s Skyline set reached $34.80 at the end of the first quarter 2016, up 8.4 percent from a year earlier.

Rents haven’t yet crept back up to the $37-plus level they saw in 2007, but they are more than $3.00 ahead of the market low set in 2014.  While… Read More

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… 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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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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