So much goes into the shaping of a city’s skyline: years of planning, financing, construction and adjusting to unpredictable economic trends. Iconic skylines are defined over time by the collection of top tier buildings or trophy assets, that make it memorable. By taking a deeper look into each city’s office market trends, we can predict if or how their skylines may evolve in the future.
JLL recently launched its 2017 Skyline, a… Read More
The nature of how we work is changing. Technology, generational changes in the workplace and evolving business processes have impacted how we utilize our work space. At JLL, we strive to consistently identify the benefits these bring to our clients.
Traditionally, a company’s workplace cost is associated with capital expenses and… Read More
Consumer confidence is at an all-time high both in Florida and across the United States. This, coupled with a low unemployment rate—the lowest since 2008, makes for an opportune time to be a retailer in South Florida. New to the JLL team, Zach Winkler brings his expertise of South Florida retail leasing to the JLL team and our blog.
Nationally, major markets are peaking quickly, with declines in rent appearing in the… Read More
Entertainment and warehouses don’t typically coexist, but Florida is about to see a revolution in the way it thinks of industrial parks. With the rise of e-commerce fueling a surge in industrial demand, savvy developers are learning it takes more than picnic tables to keep tenants happy, especially in cases where the workforce is on property around the clock. This is giving way to a new type of asset where industrial… Read More
“Own the change and create it.” John Gates, CEO, Markets, Americas kicked off the annual JLL Academy last month in San Diego. At Academy, current and future JLL leaders are given a chance to network and build relationships at every level of the organization, and develop new skills in an environment that fosters growth through mentorship.
To continue celebrating the accomplishments of our female leaders, we sat down with Florida’s woman-in-charge of all things marketing, for the next spotlight in our “Breaking Through” series. On the heels of impressive industry, peer and media recognition, Cecile Blanco, VP, director of marketing for Florida, shares her best advice and the struggles she overcame to get where she is today. Every quarter, “Breaking Through” articles feature JLL’s leading women professionals providing… Read More
Amid major geopolitical and economic developments that occurred in 2016, there is an air of uncertainty regarding the future of Florida’s economy. While some anticipate continued economic expansion—at least within the US—others fear a recession may be on the horizon.
We sat down with JLL Associate, Ryan Vaught, to learn about the challenges being presented in the Tampa industrial real estate market.
What is the largest challenge facing Tampa’s industrial market today?
Year-end vacancy in the Tampa market is at an all-time low, most notably in Pinellas county. There is a clear lack of available space, and the small amount of space that is available is not of a high quality. For this… Read More
Broward county, typically known for its beaches and shopping, is making a new name for itself as a business hub as more and more companies are entering the Downtown Fort Lauderdale market. According to JLL’s Q3 2016 OfficeInsight, Fort Lauderdale’s Class A assets are thriving in a tight market. Direct vacancy in Broward has declined 80 basis points quarter over quarter to 11.9%, making the third quarter the strongest for vacancy declines over the… Read More
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