Category Archives: Silicon Valley Commercial Real Estate

Turnkey data centers crop up to meet demand

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By Raul Saavedra, Managing Director, JLL

The Cloud.  The Internet of Things (IoT).  Artificial intelligence. Digital transformation. 5G.

These are just a few of the drivers behind the tremendous explosion in data demand in the U.S. today. They are also big reasons why the U.S. reportedly needs upwards of 4,000 new data centers to be built by 2020 just to keep pace with demand. That’s about 100,000MW of capacity. Our… Read More

Using data to navigate office space construction costs

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June 5, 2018

By: Ann Montilla, Vice President, JLL

Building out office space can be overwhelming – not to mention expensive.

This year, for example, we estimate that even basic fit-outs for traditional office space in San Francisco will run $173.74 per square foot for the average user. That’s for a design based on a simple, low-cost budget with finishes focused on function over quality and containing basic technology and aesthetic design.

Traditional vs complex

With… 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

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

Data does it in Northern California

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February 27, 2017

By: Raul Saavedra, Executive Vice President, JLL

The Northern California data center market continued to chug along in 2016 although we saw a marked slowdown in leasing activity in the fourth quarter. Much of our market’s new activity occurred in the first half of the year with some major users taking down big chunks of capacity.

 

JLL Data CenterRead More

Can Silicon Valley keep up the momentum?

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February 20, 2017

By: Chris Crow, Senior Vice President, JLL

The world’s foremost innovation ecosystem continues to flourish, attract talent and capital from across the globe, a fact confirmed by Silicon Valley’s Top 3 place in this year’s JLL City Momentum Index.

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Only Bangalore, India and Ho Chi Minh City, Vietnam, scored… Read More

Law Office Space: The Legal Squeeze Continues

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October 19, 2016

By Julia Wilhelm, Executive Vice President, JLL

The legal services industry is fighting rising office costs during this economic cycle by aggressively pursuing efficiency in space utilization, via “rightsizing” the law office. 

The typical U.S. law firm has cut its physical footprint by more than 22 percent in recent years and this trend continues.  According to the just released JLL 2016 U.S. Law Firm Perspective, law firms are looking to reduce… 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

5 Good Reasons Why Silicon Valley Power Is Consistently Ahead of the Game

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September 26, 2016

By: Raul Saavedra, Executive Vice President, JLL

Silicon Valley Power (SVP) may not the best known utility in California but if you operate heavy power load facilities such as data centers, it’s one you probably should get to know…and fast. From my industry vantage point, data center operators throughout the Bay Area are scrambling to work with the nonprofit. There is currently single digit vacancy in the data center space… Read More