Author Archives: Suzanne Basista

Commercial Real Estate News Brief: August 2018

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Every month, JLL’s regional team curates the top commercial real estate industry news to keep you in-the-know. In this month’s edition, JLL spotlights back-to-school shopping trends, how foreign investors view U.S. CRE and the record-high funding for construction technology startups.

What Back-to-School Shopping Means for Big Retailers

RE Journals recently reported on how lucrative back-to-school shopping can be for big-name retailers, specifically Walmart and Target.JLL Back to School Shopping - August News Brief

According to JLL data, most parents plan to spend less than $250 on back-to-school supplies this season. However, about 16% of parents plan to spend more than $500 on their children’s supplies, and these high-spenders provide a nice bottom-line boost.

Where are parents planning to spend?

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Job Incentives Fuel Real Estate Growth in Columbus

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By: Sam Stouffer, Senior Research Analyst, JLL

Discover the economic and real estate impacts of job creation incentives for both the industrial and office property sectors in the Columbus Region from the first installment of our Growing Columbus research.

Corner of shining blue skyscraper

Job growth in Columbus… Read More

Today’s Top Talent Live and Play Downtown but Work in the Suburbs

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By: Harrison West, Senior Research Analyst, JLL

Job growth is happening in both the CBDs and the suburbs, but educated adults are increasingly city dwellers. Discover the impacts of the resulting “reverse commute” trend, pulled from the first installment of our Ambitious Thinking Research on Smart Cities report, called “Live, Work, Play?”

Reverse commutingRead More

Commercial Real Estate News Brief: July 2018

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Every month, JLL’s regional team curates the top commercial real estate industry articles to keep you in-the-know. In this month’s edition, JLL spotlights why men prefer brick-and-mortar shopping, what to expect from the modern workplace and the impact of people moving to cities faster than jobs.

Men Still Want to Shop In-StoreCRE News July

A recent article from JLL shows that men prefer brick-and-mortar stores, which is part of the larger customer experience (CX) trend. Many men would rather go to a physical location where they can get a hands-on experience.

Why are men shopping in-store?

  1. Men want to touch and feel products before they buy them.
  2. Men want personalized convenience.
  3. Millennial men, in particular, are as interested in the shopping experience as the products they buy.

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Flexible Office Space is Creating Disruption in Midwest CRE

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By: Andrew Batson, Vice President, Director of Research

Flexible workspace is not just for millennial freelancers or tech startups anymore. Large, multinational companies are rapidly adding flexible workspaces to their global portfolios. Discover the global trends taking place within the flexible office sector and the implications for the Midwest, pulled from the complete Flexible Office Space Report.

The Ins and Outs of Flexible Office Spaces

Flexible space is a term used to describe a variety of office types used by occupiers to increase portfolio flexibility, reduce occupancy costs, and enhance collaboration. Co-working is the most common type, followed by executive suites and incubators. Co-working spaces and incubators tend to be located in downtowns or dense neighborhoods, while executive suites tend to be located in suburban areas near large employment centers.

Nearly half of corporations already use some type of flexible office solution, and by 2020, 65% of companies expect to incorporate co-working into their office portfolio.

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Commercial Real Estate News Brief: June 2018

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Every month, JLL’s regional team curates the top commercial real estate industry articles to keep you in-the-know. In this month’s edition, JLL spotlights the implications of the U.S. labor shortage, how taxes are impacting where tech companies set up shop and how customer experience influences revenue growth at brick-and-mortar retailers.

Labor Shortage Impacts Commercial Real Estate

Real Estate TrendsThere is a mass labor shortage in the U.S. and it impacts commercial real estate. A recent report from JLL announced that roughly 6.3 million positions remained open but unfilled as of January 2018. This is a record high number and significant problem.

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What Does the Future of Work Mean for You and Your Business?

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What does the future of work look like and how will your company fit in? Where, when and how we work is changing, which means workplaces are, too. While cubicles and single-person offices used to be the norm, many workplaces are shifting to more collaborative setups… Read More

Why Multi-Story Warehouses are Coming to America

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Editor’s Note: This post was originally published on JLL Real Views

For warehouses looking for space to grow in many of America’s big cities, the only way to go is up.

Take New York City. The rise of e-commerce and same-day delivery is ramping up demand for industrial space in one of the country’s biggest consumer markets. That demand is colliding with the city’s chronic land shortage — and city restrictions aimed at easing traffic congestion — leading some property developers to plan multi-story warehouses.… Read More

Drones: Giving You a New Perspective in Commercial Real Estate

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By: Jordan Phillippi, Associate Director, JLL

Time for a pop quiz: Drones are ____.

  1. A way to capture epic aerial footage.
  2. Key to industrial automation, including the ability to restock warehouse inventory.
  3. Able to deliver small packages (hello, logistics revolution).
  4. Regulated by the FAA.
  5. All of the above.

If you answered e, you’re correct. But, there’s more.… Read More