Yearly Archives: 2016

On the Horizon: 2017 Florida Commercial Real Estate Outlook

1 CommentBy

We sat down with JLL Florida Research Manager Marc Miller to hear his thoughts on the trends that he believes will shape the commercial real estate industry in 2017.  Here is what he said to keep an eye out for in the year ahead.

What are one to two trends that you predict will be the biggest to shape the CRE industry in 2017?

The growing trend toward next day/same day delivery will have a profound effect on Florida’s… Read More

Dissecting Orlando’s Spike in Sublet Space Availability

0 CommentsBy

After several years of aggregate sublet space trending down in Orlando, a substantial increase may signal a reversal of the trend. More large blocks of sublease space are available than a year ago, and they compose a greater share of the sublease availabilities. In November 2015, sublease availabilities over 10,000 square feet comprised only 24.7 percent of the sublet market. In November 2016, those large sublease availabilities jumped to 60 percent… Read More

The Diversity Effect: Exploring the Challenges and Opportunities of an Inclusive Workplace

0 CommentsBy

JLL gathers expert panel to discuss diversity & inclusion

Over the next few years, businesses large and small will find themselves in a talent war.  As eligible, skilled  candidates grow harder to recruit and retain, it will be critical for companies to become more diverse and inclusive.

With this in mind,  JLL’s Florida Women’s Business Network brought together a panel of experts to have an engaging dialogue on how organizations can position themselves for long-term success by building a diverse talent pool.

Read More

Breaking Through: 5 Questions with JLL’s Barbara Liberatore Black

1 CommentBy

In celebration of the accomplishments of our female leaders, we sat down with Barbara Liberatore Black who is part of JLL’s leadership in South Florida to kick off our “Breaking Through” series.   Quarterly “Breaking Through” articles will feature JLL’s leading women professionals providing mentorship advice to women in business.

Barbara_Black_JLLWhen Barbara got… Read More

Weighing the Scales: How Law Firms Can Make Better Real Estate Decisions

1 CommentBy

An uncertain economic forecast is driving law firms to take a hard look at one of their largest expenses: real estate.  Given that Florida continues to be a landlord market, law firms must overcome more challenges than ever to negotiate the best possible lease rates and terms.

JLL’s 2016 U.S. Law Firm Real Estate report surveyed all major national and local submarket trends to identity the key trends influencing law firm office leasing. … Read More

Is the Next Silicon Valley Somewhere in Florida?

0 CommentsBy

Tech is one of the fastest growing industries in the U.S. Its impact has spilled over into almost every sector, including commercial real estate.  As JLL’s latest tech report, the 2016 Tech Outlook, points out: technology remains the leading industry for real estate expansion in the United States and has quickly become a key economic driver in many cities.

Tech Report

The report… Read More

What Other Cities Can Learn from Jacksonville’s Changing Market

1 CommentBy

Jacksonville may be Florida’s largest city by population, but the coastal enclave at the state’s northeastern tip often gets overlooked in favor of Miami-Dade, Orlando and other tourist destinations.

The reality is that Jacksonville is quickly emerging as a desirable business and residential destination due to a number of factors and trends.

In July, Forbes Magazine named Jacksonville the No. 2 city in the U.S. that Americans were moving to, based, in part,… Read More

5 Trends Changing Florida’s Retail Market

2 CommentsBy

Just days after the International Council of Shopping Centers held its annual Florida conference in Orlando, we caught up with JLL’s retail brokerage team to share some of the latest trends the Florida market is experiencing. JLL’s 2016 Florida Retail Report takes a deeper dive at the factors fueling these trends and what’s ahead for the retail real estate market in the region.

We highlight 5 trends below:

Value shopping is for everyone.

Low-income… Read More

Scaling for Office Space Growth

1 CommentBy

For companies, a strengthening economy has many pros and, surprisingly, a few potential cons.  Booming business means increased capital and the ability to bring on new team members.  At the same time, office leasing rates are climbing.  Offices rental rates in downtown Fort Lauderdale have reached $36 per square foot and rates in Miami’s Brickell area are climbing as high as $45 per square foot.

As employers are finding the need to scale for office… Read More

Orlando Market: Suburban to Urban and Back Again

1 CommentBy

Large blocks of quality space are becoming increasingly scarcer in the Orlando market. As employers expand and new-to-market tenants demand bigger office spaces, availability is dwindling and driving interest in the suburbs – again.

In 2015, Orlando led the country in job growth and creation. This boom is trickling down into the submarkets including Lake Mary, the Southwest Corridor, and Maitland Center. Considering the area’s growing population, educated workforce and low cost… Read More