Tag Archives: JLL NorCal

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

Project Pipeline Points to the Rise of California’s Capital City

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August 17, 2016

By: Leo Canale, Senior Marketing Associate, JLL

Sacramento may be a little over 1.5 hours drive (without traffic!) from downtown San Francisco, but Millennials know it isn’t that far away from the Bay Area’s buoyant tech-driven economy.Above SacramentoSacramento’s appeal among Millennials has been well documented and that attraction for a Millennials powerful segment of… Read More

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

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
  • Read More

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

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

Destination: East Bay

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By: Katherine BillingsleyResearch Analyst | Oakland-East Bay

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As rental rates soar in San Francisco and Silicon Valley, tenants are increasingly exploring options in the East Bay. Current economic conditions in the two-county market provide a promising outlook for both investors and tenants alike. The unemployment rate in the East Bay is below California’s at 5.1 percent (California at 6.5… Read More

#SacOnTheMap – Check Out Downtown Sacramento’s Transformation

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By: Leo Canale, Marketing – Sacramento

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Urban core projects continue down the pipeline

Downtown Sacramento is currently undergoing a renaissance, with a level of investment activity not seen since the 1920s. An improved local economy and new entertainment and sports complex have jump-started this momentum. In alignment with Mayor Kevin Johnson’s ambitious plan of building 10,000 new units, multi-family developers are capitalizing on the renewed interest in… Read More

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

Hottest Trends in Creative Office Design for 2015

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By: NorCal Project Development Services Team

Office design and layout is a key focus for companies as they look to attract, recruit and retain the best talent in an increasingly competitive business environment.

Here are five trends our experts in Project Development Services see as likely to dominate build outs for workplace design over the next 12 months.

Sit/Stand Stations
UntitledSit/stand desk configurations have been in… Read More