Category Archives: Office

Investments in the Hudson Waterfront Remain Strong

0 CommentsBy

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.

Read More

Discover opportunities in the Newark Skyline

0 CommentsBy

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.

Read More

New Jersey Office Market Leasing Rebounds in Mid-2017

0 CommentsBy

 

  • 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
  • Read More

Route 78 Submarket Leads New Jersey With Available Sublease Space

0 CommentsBy

 

  • 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
  • Read More

Six Steps to Prepare Your Workplace for the Future

0 CommentsBy

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
  2. Read More

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

0 CommentsBy

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… Read More

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

0 CommentsBy

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
  6. Read More

2017 New Jersey Commercial Real Estate Trends

0 CommentsBy

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
  • Read More

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

0 CommentsBy

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.