U.S. Industrial Market Starts 2017 on a Positive Note

0 CommentsBy

JLL released the U.S. Industrial Outlook for Q1 2017, and the market started the year on a positive note.

Highlights for New Jersey Industrial:

  • The “new normal” for industrial rental rates has left many tenants with a feeling of sticker shock.
  • Vacancy rates in primary sub-markets reached new historic lows, and in some cases stand below 2.0 percent.
  • Despite the recent surge in rental rates for Northern and Central New Jersey, leasing velocity for new space remained strong.

Read More

Five Ways Retailers Are Enhancing In-Store Shopping

0 CommentsBy

Article by Natasha Stokes

JLL Real Views

Women With Shopping Bags

From high-end boutiques to mass market chains, retailers around the world are re-imagining their bricks-and-mortar stores to build deeper connections with consumers.

With many facing stiff competition from online retailers, the challenge is to

Read More

JLL’s Q1 2017 United States Office Outlook and New Jersey Office Insight Report

0 CommentsBy

Higher rents and continued growth in Q1 2017 resulted in optimistic forecasts for the United States office market. As a new phase of the economic cycle begins, there is a shift in supply and demand.

Shot of two colleagues walking and talking during a coffee break at work

The following are three things to keep an eye… Read More

JLL’s 2017 United States Banking Outlook

0 CommentsBy

The banking industry continues to evolve. Customers want to make transactions remote, anytime and anywhere.
Outlined in JLL’s new report are five changes on the horizon for branch banks:

  1. The number of branch locations will continue to shrink-and we won’t miss them-as banks optimize market needs.
  2. Mobile apps and the broader applications of FinTech will streamline personal and business banking, seamlessly changing how customers use branches.
  3. Banks will shrink branch sizes, saving billions in real estate costs annually,
  4. Read More
Categories: Banking, Commercial Real Estate, CRE, JLL and tagged , , , .

JLL’s Future of Work Guides Companies Through Workplace Transformation

0 CommentsBy

JLL’s Future of Work is a unique outlook on the changing world of work and its impact on the next generation of corporate real estate. Areas that companies should consider for improvements include: human experience, digital drive, continuous innovation, operational excellence and financial management.

Future of Work

“Organizations must examine how work and the workforce are evolving

Read More

New Jersey Industrial Preleasing Rates Accelerate in Q1 2017

0 CommentsBy
  • Industrial Preleasing-Snapshots_New Jersey_Mar_27_2017Since 2015, preleasing rates have continued to accelerate as developers attempt to meet swelling industrial demand near major population centers. Unable to find high quality existing facilities, many users have turned to proposed development sites, and projects under construction to meet their industrial space requirements. Over the last two years preleasing activity
  • Read More

JLL’s Top 10 Global Commercial Real Estate Trends For 2017

0 CommentsBy

JLL has identified 10 global trends impacting CRE this year. As owners and investors determine how to adjust their business strategies to enhance innovation and growth for greater returns and stability, the following macro issues should be considered.

  1. Volatility: volatile operating environments will challenge corporations.
  2. Agility: this capability will drive performance.
  3. Optimization: location and portfolio strategies will be under intense scrutiny.
  4. Smart growth: selective M&A and collaborative growth will define CRE priorities.
  5. Open innovation: CRE will need to support open innovation and
  6. Read More

JLL Named a World’s Most Ethical Company for 10th Consecutive Year

0 CommentsBy

JLL is proud to be named a World’s Most Ethical Company for the 10th consecutive year.

 

“JLL places the highest priority on ethical integrity in all we do,” said Christian Ulbrich, JLL CEO. “Working with our clients around the world, we are dedicated to the goal of building a better tomorrow. We are proud and honored to be acknowledged for a 10th consecutive year on

Read More

2017 New Jersey Commercial Real Estate Trends

0 CommentsBy

There are a few New Jersey market CRE trends that we saw at the end of 2016, that we expect to see continue in 2017.

New Jersey Road Sign with dramatic clouds and sky.

  • Among the submarkets posting the largest quarterly rent increases was the Hudson Waterfront, where the asking Class A rental rate eclipsed $42.50 per
  • Read More