Category Archives: Research

Life Science Sector Thrives In Bay Area

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October 31, 2016

By: Christian Basconcillo, Research Manager, JLL

While the tech sector grabs most of the headlines in the Bay Area these days, there is also a thriving life science economy here.

According to JLL’s 2016 Life Sciences Outlook, robust clusters have been established throughout the Bay Area with South San Francisco, Silicon Valley and the East Bay communities of Berkeley and Emeryville particularly well populated.

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Categories: Research.

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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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

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

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 if their friends

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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 and outlook from… Read More