Tag Archives: Silicon Valley

Silicon Valley View Part 2

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July 25, 2016

By: Christian Basconcillo, Research Manager, JLL

Institutional capital’s pursuit of Class A assets in Silicon Valley continues unabated, but with rent growth likely to moderate in many markets over the next year, discussed in a recent Q2 report. Investors are becoming more sensitive to asset pricing for core product in prime submarkets.  Given recent high watermark deals for prime Class A assets in Palo Alto ($2,400/SF) and Mountain View ($1,400/SF)… Read More

Industrial Buildings: Out with the Old, in with the New

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By: Amber Schiada, Vice President & Director of Research

The industrial real estate market looks set to enjoy another great year in 2016.

Nationally, vacancy in warehouse-distribution, manufacturing and other industrial buildings was just 6.2 percent in Q1, which is 1.2 percent lower than it was in the last cycle (2008).  Between 2014 and the first quarter of 2016, net absorption… 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

How Science Fiction is Shaping Modern-Day Technology and Commercial Real Estate

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By: Christan Basconcillo, Senior Research Analyst

Science fiction has long been a source of inspiration for technology, touching upon our wildest imaginations. From flying cars and artificial intelligence to advanced utopian or dystopian societies, the boundaries for technology in science fiction are limitless. Believe it or not, sci-fi authors have been shaping the future for some time, using their stories as a sort of testing ground to spark the ideas of ambitious… Read More

JLL Releases 2014 Law Firm Perspective [Free Download]

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Lack of supply, rising rents challenging law firm office normsLaw firm office clock

Law firms face more supply constraints than companies in nearly any other industry. Why? Law firms typically target premium, Class A space in central locations—the tightest segment of U.S. office markets. With fewer space options, your firm may find itself battling with competitors not only for clients—but for desired space as well. Notwithstanding these… Read More