Category Archives: Brokerage

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

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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 Future of Work Guides Companies Through Workplace Transformation

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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

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

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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

2017 New Jersey Commercial Real Estate Trends

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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
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Going industrial: Why U.S. office space is being converted

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Article by Natasha Stokes

JLL Real Views

An unprecedented demand for industrial space and climbing office vacancy rates are leading landlords to convert low-grade office buildings into flexible warehousing.

Three Ways to Improve Your Workplace in 2017

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In the New Year, companies will continue to look to their physical office space as a strategic way to attract and retain top talent. JLL compiled a list of seven things to consider when enhancing your workplace and your employees’ experiences in 2017.

Below are three tips to keep in mind:

  1. Keep pushing flexibility

Flexible space has proven to be more productive and cost-effective, but employees still aren’t taking advantage because they still aren’t sure how to… Read More

Q3 2016 Industrial Investment Outlook

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The U.S. Industrial market is going strong, as absorption rates continued to hit new highs in the third quarter of 2016. JLL’s report identified five key themes that have emerged across the country.

warehouse-interior

Below are highlights from the top three themes in JLL’s Q3 U.S. Industrial Investment Outlook report:

  1. The U.S. industrial market is seeing
  2. Read More

Select Northern New Jersey Submarkets Drive Q3 Absorption of Class A Office Space

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cow_new-jersey_nov_7_2016

  • After registering negative absorption earlier this year, a rebound in leasing velocity changed the course of the Northern New Jersey Class A market during the past six months. Demand for Class A space led to 335,970 square feet being absorbed in the second quarter, followed by an additional 501,450 square feet absorbed three months
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A Limited Group of Developers Control the Majority of New Industrial Development in New Jersey

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  • cow_new-jersey_oct_24_2016Northern and Central New Jersey’s new industrial development has become concentrated among a small group of institutional developers. 67.4 percent of all new development this cycle was controlled by the 10 largest developers in the market. Furthermore, an additional 13.6 percent of new construction was controlled by the next 10 largest developers.
  • Prologis, Bridge Development
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JLL 2016 Tech Outlook

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The technology sector is still the leading industry for real estate expansion and employment growth. JLL’s 2016 Tech Outlook features everything you need to know about tech today in the United States.

Top Five National Trends to Watch

  1. Technology remains the leading industry for real estate expansion in the United States and has quickly become a key economic driver in many cities.
  2. National tech employment may be slowing, but it’s still driving employment growth in the United
  3. Read More