Category Archives: Property Management

When Is It a Good Idea to Hire a Professional Project Manager?

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Editor’s Note: This article was originally published by the JLL Project Management blog.

By: Tim Kay, Managing Director, JLLoffice-594132_1280

Let’s say your company is looking to expand its existing corporate headquarters. Clearly, you’re going to need help with the pre-project planning, scope definition and staffing, but how do you go about getting that help? Do you rely on existing workforce? Hire new employees to manage the project? Or do you outsource the project to a professional project manager?

Similar to how you’d want the best heart surgeon to perform heart surgery on you if needed, the same goes for a project manager. Expanding your corporate headquarters is a big deal and you want to invest in an experienced project manager who is able to deliver more than just a project. You want someone who can help you realize the broader ambitions and business goals for your new headquarters location.

But What Will a Professional Project Manager Cost?

The bottom line impact of hiring a professional project manager to deliver your next office space is often less expensive than many prospective clients believe. With benefits accounting for an additional 43 percent of the hourly wage rate, it can be quite costly to keep an employee on the payroll. And the costs don’t stop there. With taxes, insurance, overhead expenses and benefits, the overall labor burden rate can significantly impact a company’s bottom line.… Read More

Unlock Your Real Estate Potential with RED

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By: Andrew Batson, Senior Research Analyst, JLL

Your building is collecting data at this very second. Each day, we create 2.5 quintillion bytes of data, according to IBM. That’s 2,500,000,000,000,000,000. With this many bytes, you could fill 10 million blu-ray discs, says Vouchercloud.

So—an obvious reaction—businesses are finding new and exciting ways to leverage this information. In fact, 56% of companies will use data and analytics to shape most corporate real estate decisions. Are you leveraging data’s potential to improve your business?

When collected and analyzed properly, insights can influence your most important decisions, drive productivity, accelerate sustainability and generate profits. JLL’s new technology platform, RED, streamlines integrated data across real estate, workforce, financial, economic, and other sources into one dashboard.

Check out the video for a closer look.

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How to Build an Occupancy Strategy for Your Business

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By: AJ Magner, Executive Vice President, Jones Lang LaSalle 

Occupancy StrategyIf you could change any aspect of your current office or industrial space, what would it be, and why? Are your real estate decisions aligned with your organization’s business goals and objectives?

When considering a relocation or consolidation, Jones Lang LaSalle emphasizes business driven occupancy… Read More