JLL’s Illina Frankiv to climb the 7 tallest summits in the world

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April 17, 2017

By: JLL Staff Writer

What does achieving ambitions look like? For Illina Frankiv, Project Manager Renewable Energy at JLL, it’s a view from 29,029 feet.

The project manager and mountaineer was recently featured in JLL’s Achieve Ambitions video campaign after she successfully summited Mt. Denali, the tallest mountain in North America.

Ain’t no mountain high enough

“The goal is to climb Everest in 2018, but there will be many more mountains in between. I’m a go getter, I… Read More

Raiders rent hike in Oakland wasn’t really that bad

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April 10, 2017

By: Grant Yeatman, Senior Associate, JLL

The Raiders are leaving Oakland…again. This time they are headed to Las Vegas, where, we’re told, a $1.9 billion domed stadium will be built in the desert, or not far from it.

One of the reasons the Raiders wanted to leave the Oakland-Alameda County Coliseum, we’re also told, is because their rent “at the office” skyrocketed last year from $925,000 to $3.5 million. To be sure, that’s a… Read More

Investors drawn to 35% higher office rents near East Bay BART stations

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April 3, 2017

By: Sam Swan, Managing Director, JLL

How much would you pay to own a house within a short walk of your local train station, or bus stop? Anecdotal evidence, as well as data from residential listing services, suggests most buyers are willing to pay a premium.

Residential trends mirror commercial

For instance, last year real… Read More

Same-day delivery demand drives last mile distribution

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March 27, 2017

By: Jason Ovadia, Managing Director, JLL

Annual e-commerce sales reached almost $2 trillion worldwide in 2016 and could reach $4 trillion in 2020 if double digit growth projections through the rest of the decade are accurate. Currently accounting for almost 9 percent of total retail spending worldwide, that share could top 15 percent if 2020 projects prove accurate.

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Three reasons why construction costs are going up in San Francisco

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March 20, 2017

By: David Churton, International Director, JLL

There are three reasons why it’s not going to get any less expensive to build a major office building – or other real estate – in San Francisco. Not, at least, anytime soon.

Cost of land. Cost of materials. Cost of labor.

First, land–we know they aren’t making any more of it. San Francisco also has some unique geographical hurdles when it comes to building. Until the engineers can… Read More

Interest rate hikes – impact on commercial real estate

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March 13, 2017

By: Christopher T. Roeder, International Director, JLL

“Mr Bond, they have a saying in Chicago: “Once is happenstance, twice is coincidence, the third time it’s enemy action.”  — Auric Goldfinger, (Goldfinger, Ian Fleming, Jonathan Cape, 1959)

Interest rates are rising. After two moves by the Fed to raise rates in the last decade, it seems highly likely we’ll see three rate hikes this year. The first may already be upon us as I write this… Read More

Uptown Oakland | Creative people, places, and spaces

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March 6, 2017

By: Kristi Childers, Senior Associate, JLL

The American Planning Association’s choice as one of the hottest neighborhoods, Uptown Oakland is culturally diverse, artistic, and harbors an entrepreneurial spirit unique to the city. It’s also one of the country’s hottest ‘fringe’ markets according to a recent JLL research report.

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Photo credit: Sky High

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.

t16-cg1gedo-jimmy-musto

Only Bangalore, India and Ho Chi Minh City, Vietnam, scored higher in JLL’s… Read More

What are relationship banks and why do they matter?

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February 13, 2017

By: Alex Witt, Managing Director, JLL

Recent national and global developments have introduced a bout of volatility into the capital markets that have otherwise been steady and predictable in recent years. It’s becoming more complex for borrowers to navigate today’s commercial real estate market.

The unprecedented low-rate environment that institutional borrowers have become used to has shifted. Floating rate commercial bank loans, which had been tracking consistently in the LIBOR plus low 200 basis point range… Read More