Category Archives: Industrial

How the revamped Panama Canal is a game-changer for North America

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Article by JLL staff reporter

JLL Real Views

The revamped gateway between the Atlantic and Pacific is larger than ever, and so is its impact on the North American shipping industry.

When the $5 billion Panama Canal Expansion Project was completed last summer, boasting wider, deeper lanes and an additional lane of traffic, it opened up… Read More

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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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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How retailers leverage ship-from-store programs

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JLL Industrial once again explores ship-from-store fulfillment and how it has evolved in the past three years. This solution allows retailers to leverage stock from their brick-and-mortar locations and answer e-commerce challenges with more flexibility.

Consumer and retailer advantages

Retail locations are typically closer than distribution centers are to masses of consumers. Shipping to consumers’ homes from… Read More

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

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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
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New Jersey Industrial Preleasing Rates Accelerate in Q1 2017

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  • 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
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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
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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.

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
  2. Read More