Tag Archives: Commercial Real Estate Trends

San Francisco’s Global Position

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By: Amber Schiada, Vice President & Director of Research

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As technology advances and communication grows ever more rapid and pervasive, one inevitable result is that global business competition becomes even more intense. The competition between cities is even more so.  There are now 500 cities around the world boasting more than one… Read More

When a Picture Paints a Thousand Words

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By: JLL Staff Writer

Construction barricades are a safety necessity for building owners when renovating their lobbies, but they are usually not very attractive.  In fact, most are downright boring.  What’s more, passers-by — as well as building owners and tenants — are forced to look at the bland, whitewashed barriers for months on end.

Building owner Vanbarton Group and JLL solved that problem when they devised a plan for 301 Howard Street,… Read More

Urban in-migration and inner-ring suburban overspill in Sacramento

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By: John Sheaffer, Senior Analyst

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Not unlike many other US markets, midtown and downtown Sacramento have benefited from recent population growth, primarily fueled by millennials and baby boomers increasingly eschewing the suburbs for a more urban lifestyle. Regional employers have begun to… Read More

Tech Growth Drives Bay Area Office Construction and Tenant Improvement Costs Higher

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By: JLL Staff Writer

Overall construction costs for commercial office buildings and tenant improvement projects will continue to rise in the San Francisco Bay Area through 2016 and perhaps as far out as 2020, according to research analyzed by project management experts at JLL.

JLL’s analysis of national and regional labor and materials data suggests that while the price of construction materials is likely to trend downward in 2016 – the result of… Read More

Brokerage says Sacramento office-space absorption nearly tripled in 2015

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By: Ben van der Meer, Sacramento Business Journal

After a strong end to 2015 office leasing, a broker with JLL Sacramento said there’s optimism coming into the new year.

During the fourth quarter, according to JLL, the market absorbed more than 416,000 square feet of vacant office space. Managing director Greg Levi put the year’s total for the region at 985,947 square feet, far beyond the 360,000 reported for 2014.

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Why Tech, and Why San Francisco?

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By: Jack Nelson, Research Analyst – San Francisco

San Francisco remains the most attractive market in the United States for tech companies, and this has driven rent growth to double in the last five years to $66.80 per square foot, and vacancy to fall to just 8.4%.  The climate of this market is detailed in JLL’s Technology Office Outlook which seeks to illustrate the growing and existing influence of Tech companies throughout the US.

An… Read More

San Francisco’s Emerging Market: The Central SOMA Plan [VIDEO]

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October 23, 2016

By: Ruby Bolaria and Amber Schiada, JLL Research – Northern California & Rocky Mountain Region

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Central SOMA plan overview
In 2011, the San Francisco Planning Department began the process to develop an integrated community in the southern portion of the Central Subway rail corridor, surrounding 4th Street between Townsend and Market Street. The Central SOMA Plan proposes a comprehensive strategy… Read More

Oakland’s cool factor is rising!

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By: Amber Schiada and Katherine Billingsley | JLL

There’s definitely a lot of excitement surrounding Oakland these days, and it seems like that’s only going to increase since Uber announced their purchase of Uptown Station from Lane Partners last month.

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Pictured above: Uptown Station | Oakland, CA

So, why is Oakland gaining favor these days?

The easy answer:… Read More

Here’s What It Will Take to Build New Office Towers in Downtown Sacramento

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By: Ben van der Meer, Staff Writer, Sacramento Business Journal
Greg LeviGreg Levi, Managing Director, JLL Sacramento

Office-tower rents are creeping up. Occupancy is rising. Companies are coming back downtown after decades in the suburbs. So when will we see cranes again over

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Confessions of a CRE Newbie

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CREBy: Arielle Babineaux, Marketing Manager – SV

Let me start of with a quick hello to our blog audience! My name is Arielle and I was recently (June) hired as the Marketing Manager for our JLL Silicon Valley office. As such, I have become quite immersed in the wild world of commercial real estate. Coming from a different industry there has been a… Read More