Monthly Archives: August 2015

Universities spend on construction to attract and retain students

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As students prepare to head back to school, universities compete for their attention by spending on new campus construction.

PDS-back-to-school college construction

  • Universities face cost pressures and public funding is declining for R&D space. Universities are focused on increasing efficiencies while providing the needed space upgrades.
  • Universities are building out classrooms with hoteling stations and
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2015 trends driving design strategy for U.S. banks

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A JLL Research study of recent office and retail leasing activity among banks and financial services firms across the U.S. and Canada identified several trends for 2015.

The top three trends:

branching-out-fintech-rising-cre-costs-driving-design-strategy-for-us-banks-1-1024Industry trend #1: FinTech (financial services firms whose product or service is based on technology) driving industry growth.

Industry trend #2: Focus on cost… Read More

Chart of the Week-Competitive rental rates encourage interest in New Jersey’s Class A office product

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COW_New Jersey_July_27_2015-1

  • A flight-to-quality emerged in the Northern and Central New Jersey office market during the first half of 2015, as tenant requirements led to nearly 580,000 square feet of Class A space being absorbed, compared to more than 1.0 million square feet of negative net absorption witnessed in the Class B market.
  • This was in contrast to the 2012-2014 period, when consolidations and sluggish
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