JLL Property Management teams keep client properties running smoothly with a full suite of amenities, services and sustainability programs that create engaging environments aimed at attracting top talent and reducing operating costs through state-of-the-art technologies and efficiencies. Anne Kupperman, JLL’s industrial Property Management market lead for Florida and a member of the Tampa Property Management team, which was recently ranked the top commercial property management firm in Tampa by the Tampa… Read More
As the state of Florida braces for another hurricane season, which kicked off earlier this month and runs until November 30th, it’s important to know what preparations and measures to take in advance to properly protect commercial real estate properties.
Forecasters are predicting another active hurricane season following an intense 2017 that included the impactful landfall of Hurricane Irma. This year, Florida is expected to experience about seven hurricanes – three hurricanes… Read More
The Southeast region of the U.S. has been one of the biggest benefactors of this expansionary economic period. The region boasts some of the fastest growing metro areas in the country – both in terms of population and job growth. Due to its low cost of living and favorable business climate, many companies and… 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
While the performance of small- to mid-size warehouses is still a good gauge of the overall health of any industrial market, e-commerce tenants with large space requirements are transforming the way urban markets develop statewide.
These prospective tenants are hungry for distribution centers in highly populated areas, and they bring in their wake a host of third-party logistics and distribution firms. Over the past year or so, Amazon alone has appreciably pushed… 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
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
#1 Tourism growth: Florida continues to deliver strong tourism numbers, from the Disney theme parks in Orlando to the beaches of Miami Beach, driving strong activity for the hospitality and retail sectors. This translates to demand from hotel and… Read More
A distinctive analysis of seaport-centric industrial space in gateway U.S. real estate markets
Observing the influence of global economic drivers, including trade and cargo flows, socioeconomic and political factors, as well as port capacity and infrastructure investment, the report provides both a macro overview of current trends impacting the domestic sector in addition to detailed information on major seaports. Read the full report here.
Some key takeaways: … Read More