Category Archives: Office Space Design

Commercial Real Estate News Brief: June 2017

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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 impact of transit hubs, catering to the liquid workforce and the rise of fringe neighborhoods.

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Transit Hubs Become the Center of Commercial Real Estate Development

As more young professionals opt to walk or take public transportation to work, major cities, such as Cleveland, Columbus, Detroit and Pittsburgh, are directing efforts to revamp their public transit systems.

Approximately 87% of public transit trips have a direct impact on the economy as they deliver a larger talent pool and customer base to the city center. As the millennial workforce gravitates toward the urban core to work and live, cities are redesigning their public transit systems for enhanced comfort and convenience.

Improvements to public transit infrastructure have stimulated economic growth and commercial real estate development in the CBD as businesses buckle down to secure office space along the route. An increasing number of businesses are relocating to reap the benefits of social networks formed around the renovated hubs.

Young Professionals Demand Flexibility and Off-Site Work Spaces

As the workplace becomes increasingly digitized, employees are demanding more flexibility in their schedules. Changes in the work dynamic have reshaped the real estate landscape, as offices must now compete with off-site spaces, which offer more freedom for employees to work when they want.… Read More

Employee POV: What Makes JLL Center One of Pittsburgh’s Coolest Offices

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Courtesy of JLL

What makes an office cool? Flexible workspaces, breaking down silos and innovative tech solutions are a good place to start. All this paired with sweet skyline views and a prime go-to happy hour spot nearby doesn’t hurt either.

JLL Center at Tower Two-Sixty is a current example of all that a “cool” office space should include. Just last spring, Tower Two-Sixty became the new home of our Pittsburgh headquarters—JLL Center. One year later, it’s being recognized by the Pittsburgh Business Times as one of the coolest offices in the area. Located in the heart of the city, JLL Center fosters a modern, open and inviting environment featuring shuffleboard, cutting-edge technology and a patio overlooking Market Square.

JLLers across all departments are benefiting from the innovative workspace. But, don’t just take our word for it. Here’s what some had to say about the new office space:

Q: JLL relied on its own employees to shape workplace design and strategy. How do you see that employee-driven design implemented throughout the office space?Read More

Pittsburgh Market Commercial Real Estate News Brief: April 2017

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In the latest edition of our monthly news brief, JLL’s regional team curates the top commercial real estate industry articles impacting the Pittsburgh market to keep you in-the-know.

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Co-working Trend Gains Popularity in Downtown Pittsburgh

The co-working trend shows no sign of slowing down, especially as more niche spaces continue to open up in and around downtown Pittsburgh. The number of freelancers and contract workers is expected to increase nearly 40% by the year 2020, which drives much of the demand for co-working spaces.

Among those targeting a specific niche population is Coterie, which was designed by and targets women. Also new to Pittsburgh’s Strip District is Zip Office Business Center, which targets small businesses and those that may require retail shipping services.

Small businesses, entrepreneurs and freelancers continuously turn to these shared spaces for their flexible leases and access to competitive amenities in a growing economy.

Related Read: Co-Working Sparks a Real Estate RevolutionRead More

Commercial Real Estate News Brief: March 2017

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In the latest edition of our monthly news brief, 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 healthcare real estate, future-proof office solutions and solar electricity benefits.

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Healthcare Real Estate Professionals Prepare for a Wave of Adjustments

The healthcare industry continues to evolve, which means real estate strategies for hospitals, practitioners and other medical offices do, too. Becker’s Hospital Review highlighted the six trends that will impact healthcare real estate this year:

  1. The repeal of the Affordable Care Act (ACA)
  2. Value-based reimbursement and changes to healthcare delivery setting
  3. Tax exempt hospitals coming under pressure
  4. Health systems monetizing real estate assets
  5. New rules impacting leasing arrangements
  6. Continuation of regulatory scrutiny

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Taking Notes from the Region’s Most Innovative Offices: 4 Tips

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By: Tim Kay, Managing Director, JLL

Above, JLL’s Detroit office brands itself with modern lounge areas, collaborative space and exposed ceiling beams.

As the fight for top talent grows even more competitive, office design is moving to the forefront of business strategy.

Tech leaders have forever changed workplace expectations. GoDaddy has go-karts for its employees at its headquarters in California, and Cisco Systems has an onsite health center.

While these companies are at the forefront of workplace innovation, we’re seeing trends from Silicon Valley and beyond trickle down into local cities in Ohio, Michigan and Pennsylvania.

Our local offices might not be as extreme (no, we’re not aware of a local office that’s home to go-karts), but we are moving into a new era for workplace design. So, what can you learn from some of the region’s most innovative spaces? We’ve highlighted four takeaways to incorporate into your next workplace strategy. … 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: May 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 why workplace strategy is a must, the future of human-to-machine collaboration, plus new research on the commercial real estate market rebound.

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

The Need for a Workplace Strategy

Workplace design isn’t what it used to be. Old-fashioned office space embraces private rooms, closed doors, and the ratio of 1 employee to every 250 square feet. Now modern companies are putting couches in lounges, using open floor plans, and cutting the employee-to-square-feet ratio in half.

More than ever, we’re seeing an endless stream of workplace trends and fads. Some keep employees happy and productive; others are better left out of office …

Obviously, workplace design is not one-size-fits-all. The most successful and productive offices are driven by a customized strategy.

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Commercial Real Estate News Brief: April 2016

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CRE Industry UpdateIn 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 how U.S. office development is meeting demand, the benefits of engaged employees, and what it takes to be recognized as one of the healthiest employers in central Ohio—plus additional headlines across the region.

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

U.S. Office Development: Is Demand Being Met?

Office space in the U.S. is in high demand, and developers are doing all they can to create space. On top of the 140 million square feet delivered since 2010, an additional 88 million is currently being built.

Despite this growth, current development is lower than the previous cycle—by 49%. Why the big change? JLL’s recent report dives into the current cycle recovery, plus a shift in workplace preferences.

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4 Ways to Grow Your Business with Portfolio Optimization

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By: AJ Magner, Managing Director with JLL

Collaboration I’m sure you’ve heard. The commercial real estate industry is thriving. In fact, according to JLL, investment sales in the U.S. are on pace to reach an all-time high this year.

To keep your real estate healthy and profitable, portfolio optimization should still be top-of-mind … even in the strongest economic climates.

When you think portfolio optimization, do you think cost cutting or space reduction? Despite initial assumptions, there’s more to portfolio optimization than scaling back in times of trouble.

Rethink Real Estate: The Big Picture

Defined by JLL, portfolio optimization is “a comprehensive process that models real estate supply against real estate demand to drive efficiencies across a portfolio.”

It’s not just about cutting back. In many cases, portfolio optimization has been utilized to justify the need for more real estate.

Taking a step back: As one biggest line items on your business’ budget, it’s vital to approach real estate spend strategically—during the best (and worst) of times. Beyond basic rental and operating costs, your real estate portfolio plays a starring role in employee attraction, retention and overall productivity.

Looking at the holistic, long-term impact of your space, is it adequately meeting the needs of your business?

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Is Your Workplace Culture-Friendly?

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By: Tim Kay, Managing Director, Project and Development Services, JLL

There is no singular, prescriptive answer to the question: what is the ideal office design? Every business demands custom design and functionality, all reflective of brand image.

One universal office space trend has emerged, however, and that’s culture. Next generation talent gravitates toward companies that emanate established, strong cultures. It’s also what keeps the current workforce there for the long haul.

Does your office space drive innovation, and reflect true brand identity and culture? If the answer is no, read on for insight into workplace trends that might (or might not) work for your business, as well as actionable tips for better alignment.

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