Category Archives: Real Estate

Talent war: Holistic thinking needed to win

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August 13, 2018

By: Rich Branning, Managing Director, JLL

In today’s all out-war for talent, in one of the tightest labor markets in the history of this country, companies have to pull out all the stops to win.

Earlier this summer, Walmart Inc., the largest private employer in the U.S., became the latest US company to offer employees the perk of heavily subsidized college tuition.  The Walmart program will give both part- and full-time… Read More

The implications of San Francisco’s Proposition C

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July 16, 2018

By: Wes Powell, International Director & Tom Poser, Executive Vice President

The expected passage of Proposition C will impact building owners, investors and tenants. The tax will increase the gross receipts tax paid by the landlord, directly increasing their operating expenses. Real estate owners already fund a significant portion of the city’s tax revenue. On average, San Francisco generates $300-$400 million from transfer tax and nearly $2 billion in property… Read More

What does your headquarter office say about your company?

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April 5, 2018

By: Rich Branning, Managing Director, JLL

Remember when you were in the last couple of years of high school and you started to plan ‘the campus visit’?  Is there a better way to figure out which college suits you best?

Even today, when prospective students can tour sitting at their… 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

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

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

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.

Screen Shot 2016-07-13 at 4.09.27 PMRead More

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