Tag Archives: commercial real estate

What Tenants Want: The Secret to Negotiating Concessions

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Searching for the right location for a business, warehouse or retail shop can be arduous and time consuming, but simply finding the right space is not where the process ends. Negotiating the right terms into a lease can make or break a successful landlord-tenant relationship and save countless headaches down the line.JLL Tenant Concessions

There… Read More

Florida Employment Update: May 2017

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Job growth in Florida slowed for the second straight month in April, with the state adding only 13,200 jobs from March to April. In addition, Florida’s payrolls have increased only 28,400 so far this year (non-seasonally adjusted) thanks in large part to a strong decline in jobs for the month of January – which is historically the case.

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Jacksonville’s Retail Rebound

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Of all of Florida’s major cities, Jacksonville has struggled the most to recover from the economic recession of the mid-2000s. But now a surge in new development, rise in population and consecutive quarters of growth have led to an occupancy rate of 92.1%, which has breathed new life into Jacksonville’s retail market. This shift in dynamics means that Jacksonville is enthusiastically bouncing back to pre-recession levels.

Industrial Real Estate Surge Sweeps Florida

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To many leading experts, the future of Florida’s commercial real estate market lies within the industrial sector.  At a recent CRE panel, Scott Gregory, Vice President of Prologis, a global leader in industrial real estate development and logistics, explained that advancing technology is a driving factor behind a surge in industrial activity.

One way new technologies effects on the industrial market and logistics has been the rise of e-commerce, particularly as it relates to next… Read More

Rising Demand For Office Space Makes Downtown Fort Lauderdale a Landlord’s Market

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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 Office Insight, 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 past 24 months. The growth… Read More

On the Horizon: 2017 Florida Commercial Real Estate Outlook

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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 industrial sector in… Read More

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

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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.

JLL_Diversity_Effect_EventRead More

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

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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.  We dug into… Read More

Is the Next Silicon Valley Somewhere in Florida?

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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 highlights ten trends that… Read More

5 Trends Changing Florida’s Retail Market

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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 and high-income shoppers… Read More