Category Archives: Real Estate Spotlight

Commercial Real Estate News Brief: June 2015

0 CommentsBy

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 trends in shared workspace, the future of vacancy in downtown Pittsburgh, and Midwest Real Estate News’ latest CRE Summit in Cleveland. 

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

Proworking Takes Co-Working to the Next Level

JLL CRE News Brief

Newspaper image via NS Newsflash.

Shared office space is no longer a trend reserved for techy startups. Co-working environments are drawing in entrepreneurs across the globe, according to a recent article in Real Views.

Co-working allows small businesses, entrepreneurs and freelancers to work in a shared office space, each one leasing a small desk or private office month-to-month. Thanks to its flexible, collaborative nature, co-working is often the perfect scenario for startups and freelancers that aim to take their venture to the next level.

The next step: Companies can make better use of underutilized space and flip the concept, through what we call “proworking.” The approach, coined by JLL, encourages organizations to strategically share and lease unused space with business partners or vendors.

Related read — Proworking: 4 Ways Office Space Can Increase Employee Productivity and Retention

Read More

Commercial Real Estate News Brief: April 2015

0 CommentsBy

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, Detroit combines auto and tech industries for resurgence, and JLL leads by example in best practices for corporate office space and capital planning.

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

Detroit: No Longer Just the Motor City

JLL CRE News Brief

Detroit has always been known as the Motor City. But, as more and more young tech professionals flock to Detroit, the city’s identity evolves. Crain’s Detroit Business suggests that, in addition to automotive resurgence, the city is also becoming a national hub for technological innovation.
JLL research would agree, ranking Detroit among the top 34 high-tech markets in its latest High-Technology Office Outlook.

Luckily for Detroit, automotive technology is more sophisticated than ever before. In fact, companies like Google and Apple are developing autonomous cars. According to the article, “the auto industry has morphed into something very new, very different and very high tech.”

As Detroit’s tech industry grows, alongside an evolving auto industry, “Detroit is ready to drive itself to new levels of excellence and entrepreneurship on the brand-new road ahead,” according to Crain’s.

Read More

JLL Detroit & Pittsburgh Offices Recognized as Top Workplaces

1 CommentBy

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

Business success is dependent on employee happiness, productivity and progress. Ultimately, it all comes back to the people behind the job.

Here at JLL, we champion culture that’s committed to community betterment and individual growth. In fact, Forbes named JLL among America’s Most Trustworthy Companies in 2013. And this year, InformationWeek selected JLL among its Elite 100, which includes top business technology innovators in the U.S.

Closer to home, two of our local offices have been also been recognized as Top Workplaces. The Pittsburgh Business Times recognized the Pittsburgh office among the Best Places to Work in Western PA 2014, and the Detroit Free Press selected its local office as a 2014 Top Workplace.

Here’s why.… Read More

Owens Corning Honors JLL with ‘Supplier Recognition Award’

0 CommentsBy

By: George Elliott, Managing Director, JLL 

Toledo, Ohio-based Owens Corning has manufacturing, distribution, office and R&D facilities in 28 countries across the globe. Every year, Owens Corning recognizes its leading suppliers with awards in various categories, from safety, sustainability, innovation, value creation, risk mitigation, among others.Owens-Corning-logo

This year, Owens Corning recognized JLL with one of its highest honors — the Supplier Recognition Award. JLL’s team stood apart from more than 6,000 other suppliers who competed for the award through value creation and cost savings.

But, let’s rewind to where it all started.

Manufacturer Meets Real Estate Expert

JLL’s relationship with Owens Corning dates back to 1998, when it was initiated by The Staubach Company. It became official in 2001 when Staubach formalized its relationship with Owens Corning in an exclusive outsource agreement.

Since then—and following it’s merger with Staubach—JLL has helped the global manufacturer with asset and lease management, incentives consulting, strategic planning, and property disposition and acquisition.

Here at JLL, we are proud to work so closely with a best-in-class organization like Owens Corning, and even more honored to be recognized with its most prestigious award.

Read More

Arena District is Top Destination Choice in Ohio’s Capital City

0 CommentsBy

By: Dave McKee, Senior Vice President with the Columbus office, Jones Lang LaSalle 

Nationwide_ArenaThe impact of a local landmark goes beyond exterior benefits. This post is the fifth in a series that highlights landmarks, news or trends across Ohio, Michigan and Pennsylvania, as well as the corresponding impact on local real estate, with takeaways that can be applied inRead More

Detroit Skyscrapers Remain Historical Staple on City Skyline

0 CommentsBy

By: Dave MacDonald, Executive Vice President, Jones Lang LaSalle 

The impact of a local landmark goes beyond exterior benefits. This post is the third in a series that highlights landmarks, news or trends across Ohio, Michigan and Pennsylvania, as well as the corresponding impact on local real estate, with takeaways that can be applied in neighboring geographies.

Cincinnati Transforms Riverfront Real Estate, Draws New Residents, Restaurants and Entertainment

0 CommentsBy

By: Bill Poffenberger, Executive Vice President, Jones Lang LaSalle 

The impact of a local landmark goes beyond exterior benefits. This post is the second in a series that will highlight landmarks, news or trends across Ohio, Michigan and Pennsylvania, and the corresponding impact on local real estate, with takeaways that can be applied in neighboring geographies.

Read More