Tag Archives: Commercial Real Estate San Francisco

Cloudy Outlook OK for Bay Area Data Centers

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August 22, 2016

By: Ryan Mathews, Marketing Manager, JLL

Tech and communication firms with major cloud storage presence and requirements are driving heavy demand for ‘wholesale’ – or single-user, self contained — data facilities in the Bay Area.  With the total size of the global cloud-managed service market expected to double by 2021 the outlook is generally positive for single user facilities. Data Center

In fact, the… Read More

Transbay Takes Shape

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July 12, 2016

By: Ryan Mathews, Marketing Manager, JLL

Parcel F, the last remaining site available for development in the Transbay neighborhood, has been sold by the Transbay Joint Powers Authority, paving the way for further interim financing to complete Phase 1 of the $2.25 billion transportation hub now under construction at First and Mission.

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Photo: www.transbaycenter.org

It’s been a long journey for the redevelopment of the… Read More

Large Block Office Demand Gap Narrowing in San Francisco

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June 2, 2016

By: Jack Nelson, Research Analyst

Appetite for San Francisco office space remains strong. According to our data, there were six large-block lease deals through the first four months of 2016. In April, the market saw three leases greater than 100,000 square feet including Lyft, Stripe, and Fitbit. These were deals that removed a significant amount of sublease space from the market at the time.

There are 14 large contiguous blocks of… Read More

Farewell cubeland, hello comfort [VIDEO]

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May 27, 2016

By: Ryan Mathews, Marketing Manager, JLL

Sitting desks, standing desks, treadmill desks, exercise ball desks – which of these will work best for your company? Better yet, which one will work best for you?

Download our full report

Explore these fads, plus many more on JLL’s new workplace site, OfficeRenew.com – dedicated to keeping you informed with the stats, tools and research around what makes a workplace great. Dive in to the latest workplace conundrum now… 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.

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SAN FRANCISCO

  • Total sublease space on the market in the city approaches levels
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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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The problem of workforce disengagement

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By: JLL Staff Writer

Despite the advances in office design and workplace strategies, the focus on short term cost efficiency has led to an undervaluing of the only resource with unlimited potential— your workforce. Studies continue to show a trend of increasing worker disengagement (Fig 1).

Figure 1

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A recent State of the American Workplace

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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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East Bay is Poised for Continued Growth in the Startup Community

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By: Katherine BillingsleyResearch Analyst | Oakland-East Bay

The tech sector has been good to the Oakland-East Bay Area in recent years. Talks of tech takeover continue to make its way through the East Bay circuits, and as markets like San Francisco and Silicon Valley continue to tighten, startups and veteran tech tenants are looking to the sunny side of the Bay for relief. This trend is discussed in more detail in JLL’s… Read More