Category Archives: Commercial Real Estate

JLL U.S. Industrial Outlook-Q2 2017

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U.S. industrial market rents are at an all-time high, inching up to $5.35 per square foot in Q2. Rents continue to escalate. Below are three things to look out for in the coming months.

  • E-commerce and logistics and distribution continue to dominate leasing activity in new construction, an indication of a sustained need for a modern “big box” product.
  • Rents inched up, reaching $5.35 per square
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Why the smart money is flowing into lab space

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Article by JLL staff reporter

JLL Real Views

Once a little-known corner of the real estate world, life sciences real estate is rapidly gaining the attention of property investors.

With a lively base of well-funded potential occupants, a shortage of suitable properties and rising rents, the life sciences sector has all the factors for a strong return… Read More

2017 PAGI Seaport-Top 5 Trends

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JLL’s 2017 PAGI Seaport report includes the top five trends. As the global shipping industry continues to shift through bankruptcies, mergers and alliances, competition between ports is heating up. The completion of the Panama Canal expansion opened up new opportunities for East Coast ports.

New Jersey’s market conditions:

  • Over the past year, rents increased at a dramatic rate, as vacancy fell to new cycle lows. Demand for industrial space remained iron-clad as users
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Investments in the Hudson Waterfront Remain Strong

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JLL Skyline focuses on the top-tier office market, looking at the most iconic buildings that define the skylines of our CBDs and urban cores. The site, and the corresponding marketing campaign, provides an overview of supply, demand, rents and leverage for 1,300+ Skyline buildings across 57 markets in the United States and Canada.

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Discover opportunities in the Newark Skyline

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JLL Skyline focuses on the top-tier office market, looking at the most iconic buildings that define the skylines of our CBDs and urban cores. The site, and the corresponding marketing campaign, provides an overview of supply, demand, rents and leverage for 1,300+ Skyline buildings across 57 markets in the United States and Canada.

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New Jersey Office Market Leasing Rebounds in Mid-2017

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  • Approximately 2.0 million square feet of leases were signed in the Northern and Central New Jersey office market during the second quarter, which represented a slight improvement from the 1.4 million square feet of leasing transactions in early 2017.
  • Despite this uptick, leasing volume remained below the 3.2 million square feet averaged
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JLL’s 2017 Life Sciences Outlook

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JLL released the 2017 Life Sciences Outlook. Highlights for Northern and Central New Jersey include:

  • Prism Capital Partners closed on its purchase of the former Roche Clifton/Nutley research campus, which will allow the developer to redevelop the 116-acre site with a mix of commercial, retail and residential components. The new Seton Hall-Hackensack Meridian
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Route 78 Submarket Leads New Jersey With Available Sublease Space

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  • Nearly 17.0 percent of this sublease space was concentrated in the Route 78 submarket.
  • More than 4.2 million square feet was marketed for sublease in the Northern and Central New Jersey Class A office market during the first quarter of 2017.
  • Among the largest blocks overshadowing the Route 78 submarket was 310,000 square
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JLL Moves Up Prestigious 2017 List

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JLL moves 45 spots to number 391 on the prestigious Fortune 500 list, which ranks the 500 largest companies based in the United States by total revenue for their respective fiscal years. This makes JLL one of the companies to make one of the biggest moves up. JLL’s annual gross revenue reached a record high of $6.8 billion in 2016.

 

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Available for Download: Ambitions, a JLL Journal

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Have you heard? JLL recently released the first issue of Ambitions, a JLL journal.

Ambitions is a JLL publication focused on stories, trends and topics relevant to our clients. For our first issue, these stories feature both internal and external perspectives on the workplace.

Download your copy today.

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