Category Archives: Uncategorized

Northern California office markets end year on a high note

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February 22, 2018

By: Susan Persin, Research Director, Northern California, JLL

A string of four mega leases, all closed in the fourth quarter of the year, capped a record-setting year for San Francisco’s office market.  With 18 leases over 100,000 square feet, 2017 surpassed 2014 for major leases signed.  Around Northern California, other records were set.  Here are highlights for the region’s major submarkets, along with our outlook for 2018.

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Retail loves the digital age

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January 23, 2018

By: Ben Lazzareschi, Executive Vice President, JLL Retail

They say love is all around.  Well, if you are in a shopping mall, so is technology.  Geotracking – the ability to follow shoppers using signals in the their mobile phones – may sound a bit sinister but it is actually helping mall landlords and retailers be more efficient in marketing to their customers.

Geofence

JLL is using a new tool – appropriately called… Read More

Categories: Retail, Uncategorized.

Tech-by-the-Bay: Less of a bubble, more of an economic revolution

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November 28, 2017

 By: Steffen Kammerer, Senior Vice President, JLL

JLL’s latest report on Tech Office Trends shows the Bay Area’s continuing dominance as a global center of innovation.

This may be news to some of you reading this, but the revered “three dot” Chronicle columnist Herb Caen christened San Francisco “Baghdad-by-the-Bay” because of its diversity and multiculturalism. While that diversity still exists, if he were alive today I’d like to think he’d propose… Read More

Bay Area making a mark on manufacturing

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November 14, 2017

By: Greg Matter, Managing Director, JLL

For a region much better known for its concentration of technology companies, there sure is a lot of manufacturing going on in the Bay Area. That’s one of the key findings of new report  co-produced by JLL and the Bay Area Urban Manufacturing (BAUM) Initiative, a project of SFMade.

Fully ten percent of the region’s workforce is employed in the manufacturing sector and more than… 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

Mobile phone screens are the new “land grab” for retailers

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September 25, 2017

By: Michael DeMaria, Managing Director, JLL

Retailers have been quicker to adopt new technologies than most other users of ‘brick and mortar’ real estate.

This statement might seem a little confusing given that ‘traditional’ retailers have taken a bit of a beating recently due to the rapid rise and reach of e-commerce, but it’s true.  Here’s why.

There’s an app for that

While 95 percent of Americans own a mobile phone of some… Read More

Northern California skylines filling up fast

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July 31, 2017

By: Susan Persin, Northern California Research Director

The Northern California megaregion isn’t the most populous in the country but it is one of the most productive. In 2014, the 21 counties making up our megaregion – from Yuba in the north to Monterey in the south – had a combined gross regional product of $875 billion, the highest of any region in the country.

This strong economy is evident in everyday… Read More

Bargain hunting on the retail streets of San Francisco

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July 10, 2017

By: Laura Tinetti, Senior Vice President, JLL

Look at any list of the most expensive places to live or work today and chances are San Francisco will appear on that list. The city’s rise as a tech and financial hub as well as a headquarters location is well documented and has driven it to a high level of global prominence.  Earlier this year, we even listed San Francisco among our… Read More

Vertical farming might be next in San Francisco adaptive re-use trends

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June 27, 2017

By: Tom Poser, Executive Vice President, JLL

Adaptive re-use has become a key component of the commercial real estate world, especially in development-constrained cities like San Francisco where raw land is hard to find, and often prohibitively expensive. But, it takes a certain vision to see beyond the current state or role of a building to what it might become.

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Prop M: At 31, San Francisco’s main millennial

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Date: June 19, 2017

By: Wes Powell and Jack Nelson, JLL

1986. The American president was an actor/tv star-turned-politician and the U.S. media was busy chasing a story that would embroil the White House in congressional hearings and scandal (Iran-Contra).  Meanwhile, in San Francisco, voters were adopting Proposition M, the first legislation anywhere in the country to limit high-rise office development on an annual basis.

2017. The American president is a reality TV star/businessman-turned-politician… Read More