Category Archives: Real Estate

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.

San_Francisco_Bay_Area

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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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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Healthier jobs growth returned in February, but variance remains

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By: Phil Ryan, JLL Research, Washington DC

After a slow January, February employment showed a healthy return to growth with 242,000 net new jobsUnemployment remained at 4.9 percent, but total unemployment dropped to just 9.7 percent—the lowest rate since before the recession.​

This drop can be attributed to fewer marginally detached workers, improved employee confidence and small-but-significant gains in the active labor force.

 

March 2016 U.S. employment update andRead More

Fully engaged – What does your workplace say about your company culture?

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By: JLL Research

 

Screen Shot 2016-03-10 at 11.41.32 AMIn the upcoming weeks, we will share sections of a recent JLL research report that advocates for the importance of ‘workplace expression’ as a crucial tool that improves employee engagement and motivation. The physical design of the workplace can harness and communicate a company’s culture and brand values.

The future of the workplace

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When a Picture Paints a Thousand Words

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By: JLL Staff Writer

Construction barricades are a safety necessity for building owners when renovating their lobbies, but they are usually not very attractive.  In fact, most are downright boring.  What’s more, passers-by — as well as building owners and tenants — are forced to look at the bland, whitewashed barriers for months on end.

Building owner Vanbarton Group and JLL solved that problem when they devised a plan for 301 Howard Street,… Read More