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
Countless technology companies are expanding beyond Silicon Valley and branching out to new markets across the country, making tech tenants one of commercial real estate’s biggest customers. In 2015 and 2016, leasing volumes from growing tech companies topped 15 million square feet –– and 2017 figures are expected to surpass that. The… 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
With vacancy rates at about 8% in Fort Lauderdale’s downtown Class A office market, it’s likely that we will continue to see a strong appetite for office space in the Central Business District within the next 12 to 18 months. Plans are already afoot to meet this new demand, with the Stiles Corporation working to secure pre-leasing to kick off a 408,000-square-foot Class A office building. Unlike previous cycles however, new… Read More
There is a fresh drive among residents, businesses and leaders of Jacksonville to create a thriving and vibrant downtown to rival similar cities of its size across the US. This push is spurred by momentum from Florida’s positive economic influences and local economic wins, as well as national real estate trends. While the last decade has brought much of the same for the Central Business District’s (CBD) office properties and vacancy… Read More
Tampa’s commercial real estate market – and the Tampa office market in particular – is already an appealing destination for large, corporate tenants. The latest JLL research proves that while large blocks of space are limited, tenant demand is strong, so there is still room for growth.
We asked the expert, JLL Tampa’s Executive Vice President and Broker Lead, Brent Miller, a few questions to learn more about the future for the office… 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
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.
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.