Fundamentals remained strong in South Florida’s key office markets as 2017 drew to a close, with vacancies continuing to trend downwards and average rental rates climbing. While the entire market can expect continued growth throughout 2018, it is the suburban office markets that are really picking up steam.
JLL’s Q4 2017 Office Insight report offers an overview of the key trends driving the Miami-Dade, Broward and Palm Beach office markets.
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To honor the victims and survivors of the Marjory Stoneman Douglas (MSD) High School shooting, Bank of America Plaza at Las Olas City Centre in Fort Lauderdale is lighting up the skyline in MSD’s burgundy red school color. On February 21 at approximately 7:00 PM, the JLL-managed office building faded to… Read More
JLL’s commitment to diversity, inclusion, and fostering talent from within has been instrumental in the firm’s ability to become one of the top commercial real estate teams in the world.
My personal story is a great example of JLL’s enthusiasm for helping team members achieve their ambitions. I originally started career at Cresa South Florida in 2012 (a tenant advisory firm that was acquired by JLL in 2015) as a brokerage assistant… Read More
JLL Industrial Exchange – 2018 from JLL Florida on Vimeo.
On January 17, JLL hosted its annual Industrial Exchange focused on e-commerce and logistics in Miami, Florida. We were lucky enough to have JLL subject matter experts from across the country join and share their knowledge with local clients, investors and the brokerage community. Topics discussed ranged from global trade to NAFTA to the retail conundrum. Outlined below are the key trends… Read More
Ongoing economic growth in a variety of industries is pushing record-breaking demand for well-located industrial facilities in key markets across Florida. With multiple tenants lined up for nearly every available space, developers are aggressively competing for affordable land to build new product –– and landlords are enjoying rapid rent hikes.
JLL Research analyzed data from third… Read More
South Florida has always been an appealing destination for law firms- a key industry for the region’s office market. JLL’s 2017 Law Firm Perspective found that rents are approaching record highs of $50 per square foot as firms flock to new mixed-use developments in South Florida’s urban cores.
We asked the expert, JLL Managing Director Matthew Cheezem, a few questions to learn more about law firm leasing trends. Click to watch, and… Read More