JLL announces that two JLL-managed Central Florida properties have been awarded The Outstanding Building of the Year (TOBY) Award. The TOBY Awards are the most prestigious and comprehensive awards of their kind in the commercial real estate industry. They recognize quality in office buildings and reward excellence in office building management. During the competition, all facets of a building’s operations are thoroughly evaluated, including tenant relations and site management.
A closer look at the Florida office market – Q3 2014. The positive momentum continued across Florida during the third quarter of 2014 as 202,500 jobs were added over the last 12 months, a year-over-year gain of 2.7 percent.
Space reduction continues to guide the office strategy for the U.S. legal sector, with firms giving up an average of 17 percent of their space upon relocating in 2014. Office leasing transactions for the sector have seen a consistent trim this year as 15 of the top 17 U.S. law firm leasing transactions were rightsizing moves, according to JLL’s newly released Law Firm Perspective.