Monthly Archives: August 2016

Columbus Marketplace Sets New Standard for Startup Real Estate

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Editor’s Note: This article was originally published by the Columbus Chamber of Commerce

By: Andy Effler, Senior Associate at JLL

The startup ecosystem in Columbus is demanding national attention from entrepreneurs, investors, and professionals everywhere. Why?

Columbus is 40% less expensive than Chicago and 60% less expensive than New York, according to Venture Ohio. What’s more, Central Ohio startups are growing at an unusually quick pace. Earlier this year, the Kauffman Foundation discovered that,More new businesses in Columbus grow to employ 50 or more people in their first 10 years than any major metropolitan area in the United States.”Read More

JLL’s Pittsburgh Office Fit-Out Encourages Mixture of Collaboration and Innovation

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By: JC Pelusi, Market Leader, Managing Director, JLL

JLL Pittsburgh_Int Conference Room Closed w People_Copyright Sarah Mechling (1)

Over the last 10 years, JLL’s Pittsburgh office has grown from 50 employees to roughly 450. In addition to our local brokerage team, the Pittsburgh office is also a national hub for the firm’s Lease Administration and Property Service Center teams—hence the need for a new and improved space.

In case you haven’t heard, our team moved into JLL Center at Tower Two-Sixty this past May. The new space includes three floors (55,000-square-feet) and a balcony overlooking Market Square. Our team is honored to join the city’s elite skyline, but it didn’t happen overnight.

For the fit-out of our new Pittsburgh office space, we handed the reins to a team of four women to lead the charge on workplace strategy and design. In this post, I’ll dive into the team’s process, plus a quick look at JLL’s newly finished office.

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Commercial Real Estate News Brief: August 2016

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In the latest edition of our monthly news brief, JLL’s regional team curates the top industry articles to keep you in-the-know. In this month’s edition, JLL spotlights energy efficient buildings, open office spaces and small business success.

Keep up with Spaces’ monthly recaps, and subscribe to JLL Spaces today. 

Energy Efficiency Becomes Top Priority for U.S. Office Buildings

JLL CRE News Brief

Newspaper image via NS Newsflash.

In 2015, residential and commercial buildings (including indoor and outdoor lighting, water and sewage treatment, and heated air costs) consumed nearly 40% of total U.S. energy.

A number of value studies conducted by BuildingRating analyzed the impact of energy efficient, U.S. LEED-certified buildings compared to non-certified buildings. The study revealed that energy efficiency not only pays off in a smaller environmental footprint, but also contributes to higher occupancy and rental rates.

So, how will domestic office buildings cash in on these added benefits of going green?

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Secondary Cities Are Hot: New Towers Rise, More Demand Builds [SlideShare]

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 By: Andrew Batson, Director of Research, JLL

In case you missed it, the annual JLL Skyline Review is back. The newly released research highlights 52 markets across the U.S. and Canada for an up-close view of market conditions and key trends in commercial real estate. While the report analyzes top markets across the nation, many trends impact cities closer to home—including Cincinnati, Cleveland, Columbus, Detroit and Pittsburgh.

(Above: Explore trends and data from this year’s Skyline, across OH, MI and PA cities.)

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