Tag Archives: Miami

South Florida office markets realized moderate, sustained growth in 2017

0 CommentsBy

Fundamentals remained strong in South Florida’s key office markets as 2017 drew to a close, with vacancies continuing to trend downwards and average rental rates climbing. While the entire market can expect continued growth throughout 2018, it is the suburban office markets that are really picking up steam.

JLL’s Q4 2017 Office Insight report offers an overview of the key trends driving the Miami-Dade, Broward and Palm Beach office markets.

Miami Industrial Exchange: 2018 Highlights

0 CommentsBy

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

Rising Rents, Sustained Demand Support New Industrial Construction

0 CommentsBy

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

South Florida Skyline 2017: Steady Demand, Thriving Trophy Assets and Peak Investment

0 CommentsBy

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 Future of Work: Focusing on the Human Experience @ #JLLMiami

0 CommentsBy

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.Workplace Experience

Traditionally, a company’s workplace cost is associated with capital expenses and… Read More

Why It’s a Great Time to be a Retailer in South Florida

0 CommentsBy

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

Industrial Real Estate Surge Sweeps Florida

0 CommentsBy

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… Read More

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

1 CommentBy

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. … Read More

5 Trends Changing Florida’s Retail Market

2 CommentsBy

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… Read More

Sizing up the Skyline: How market conditions are impacting Florida’s trophy towers

2 CommentsBy

When you think of an iconic skyline, New York, Seattle and London most likely come to mind. From the Empire State building to Big Ben, those memorable horizons are defined by a collection of staple office buildings, commonly referred to as trophy assets. By taking a deeper look into each city’s office market trends, we can predict if or how their skylines may change in the future.

JLL’s Office Skyline report focuses… Read More