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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Categories: Award, Commercial Real Estate, CRE, JLL, List and tagged , .

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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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
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Transforming North America’s transit hubs

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Article by William Polk

JLL Real Views

Today’s fast growing, fast-paced cities need comprehensive public transport networks to meet the needs of both local people and businesses.

As such, transportation centers throughout North America are undergoing major facelifts. Cities including New York, Washington D.C., Philadelphia, San Francisco and Toronto will spend or have spent billions… 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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Five Ways Retailers Are Enhancing In-Store Shopping

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Article by Natasha Stokes

JLL Real Views

Women With Shopping Bags

From high-end boutiques to mass market chains, retailers around the world are re-imagining their bricks-and-mortar stores to build deeper connections with consumers.

With many facing stiff competition from online retailers, the

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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… Read More

JLL’s 2017 United States Banking Outlook

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The banking industry continues to evolve. Customers want to make transactions remote, anytime and anywhere.
Outlined in JLL’s new report are five changes on the horizon for branch banks:

  1. The number of branch locations will continue to shrink-and we won’t miss them-as banks optimize market needs.
  2. Mobile apps and the broader applications of FinTech will streamline personal and business banking, seamlessly changing how customers use branches.
  3. Banks will shrink branch sizes, saving billions in real
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Categories: Banking, Commercial Real Estate, CRE, JLL and tagged , , , .

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

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