Category Archives: Office

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 quarterly in 2016.
  • Furthermore,
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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 feet marketed for
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Six Steps to Prepare Your Workplace for the Future

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Here are six steps to prepare your business and your workplace for the future:

  1. Align your office with business goals: As technology and operations continue to drive change, there is more pressure to innovate than ever before. Just as technology changes the way we do business, it also impacts where work happens. The role, function and
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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 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
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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 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