Category Archives: Skyline Review

Pittsburgh Commercial Real Estate News Brief: September 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 Pittsburgh to keep you in-the-know.

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Downtown Pittsburgh Outpacing Suburbs with Office Tenants

Photo Credit: Mr.TinDC

The number of corporate office moves in the downtown Pittsburgh area is surpassing those in the suburbs, according to new Skyline research. Pittsburgh has seen a steady demand for office space in downtown’s most prominent buildings, keeping vacancy at 11.7%. So, what’s drawing tenants here?

While suburban properties still have their own perks, many companies are quickly realizing that downtown is where the young talent is. Likewise, it’s also where the competitive amenities are to retain their workforce. Many building owners are now also taking the plunge to upgrade office spaces with renovations to meet tenant demand.… Read More

A Floor-by-Floor Perspective of Midwest Real Estate: What Skyline Will We See in the Next Five Years?

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By: Andrew Batson, Director of Research, JLL

Increasing leasing activity, speculative development and shifting market leverage in commercial real estate are constantly reshaping city Skylines across the U.S.

JLL’s Skyline Review registrants can take a deep dive into the trends impacting 57 major skylines across the United States and Canada, and learn about which national trends are transforming markets close to home.

Read on for a closer look at how the Skylines in the Midwest are performing and what to expect in the coming months.

Mixed-Use Development is on the Rise in Cincinnati

Cincinnati’s Skyline is comprised of large office buildings that are occupied by large tenants, many of them recognized as Fortune 500 companies. Rental rates have dropped 0.7% from 2016 to Q1 of 2017. At the same time, vacancy rates remain well above the national average at 20.9%, which has boosted demand for affordable Class A space within the Skyline.… Read More

Tap Into Office Intelligence with the Skyline Advantage

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By: Andrew Batson, Director of Research, JLL

The Columbus, Ohio skyline reflected in the Scioto River

Companies and investors are gravitating to the urban core in search of premium office and mixed-use space. However, industry trends and fluctuations in the market impact each city Skyline in different ways. What’s the beat of your city’s Skyline?

JLL’s annual Skyline Review is back, coming in hot with an analysis of 57 skylines across United States and Canada markets.

Registered users can compare the state of their Skyline with other markets and tap into true office intelligence with a look at vacancy rates, rental rates, LEED certifications and notable trends impacting each market’s premier office buildings.

Explore the Latest Industry Trends Shaping the U.S. and Canadian Skylines

No two cities are exactly alike. But, overarching themes in investment activity, construction and occupancy reveal key industry trends impacting every Skyline. Here are some of the latest trends shaping the U.S. and Canadian Skylines:… Read More

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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Top 5 Trends from JLL’s Annual Skyline Report

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  By: Andrew Batson, Manager of Research & Analysis, JLL

From coast to coast, our city skylines are a source of pride and community. It’s not surprising that top-tier office buildings in our urban cores continue to report lower vacancies, higher rents and more developer interest.

The anticipated Skyline Review is back, and more advanced than ever before.

Skyline-Register

In case you missed it in years… Read More

Tips To Leverage the Digital Skyline, for Tenants & Investors

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

JLL’s 2015 Digital Skyline provides unparalleled insights for more than 600 million square feet of commercial real estate in 47 cities across the U.S. and Canada. It offers investors and tenants alike a birds-eye view of national trends, plus an up-close look at local market performance.

Not sure how to use the digital tool? We’ve got you covered. Read on for actionable ways commercial real estate occupiers, owners and investors utilize the Skyline.

Related Post — Aim higher: JLL Presents The 2015 Digital Skyline

3 Tips for Business Owners & Corporate Executives

1. Strategize your next move. Are you approaching the end of a lease, or considering relocation?

The Skyline is fundamental in making your initial list of viable properties for relocation. You can zoom in on individual buildings, and check out current vacancy, rents, LEED certifications and more. Make better relocation decisions by comparing markets or buildings within your market.

Below, check out Key Bank’s building profile in Cleveland.

Key_Tower

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Aim Higher: JLL Presents The 2015 Digital Skyline

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By: Andrew Batson, Senior Research Analyst at JLL

Are you an investor curious about market outlooks, or a tenant approaching lease expiration? Well, I have good news. The annual Skyline Review is back.

Each year, JLL’s research team analyzes the top North American skylines and gives investors and tenants alike a personal, up-close, look at some of the highest-profile commercial buildings and office towers in our cities. JLL notes, “These assets are the true drivers of leasing supply, demand, rents and development and serve as the building wish list for foreign and domestic institutional investors.”

The report provides a birds-eye view of local urban office markets, including both micro and macro-level statistics from floor-by-floor leasing to investment performance.

And now—for the first time ever—JLL is introducing the Digital Skyline.

JLL Skyline Blog Image

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JLL Features Main Themes from Great Lakes Skyline [Infographic]

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By: Robert Kramp, Vice President and Director of  Research, JLL, Midwest and Great Lakes Region

JLL research released this year’s annual Skyline Review, a showcase of “the luxury-end of the urban office sector” across 43 cities.

In the Great Lakes region, we observed dynamic, lively activity on our local city Skylines. Detroit is seeing renewed interested in downtown working and living, and Pittsburgh observed single-digit vacancy rates. But, what does it mean for our… Read More

The Sky’s The Limit: Real Estate Report Examines Top Local Skylines

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By: Robert Kramp, Vice President and Director in the Midwest and Great Lakes Region at JLL

skyline-sketchEvery city’s skyline tells a story. Some might say that its character starts with the shape of its skyline. How has your city’s skyline evolved during 2013?

Each year, JLL’s research team takes inventory of the top skylines across the U.S. to uncover the highest-profile commercial buildings and… Read More