The Campus at Valley Creek Leads the Suburban Revival

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If you’ve been hearing a lot of talk about the suburban revival, it’s probably because of offices like The Campus at Valley Creek. 

Modern office spaces require a bit of a balancing act. Today’s employees are more attentive to how much time they spend at work, and as… Read More

Philadelphia’s population growth is driven, in part, by top talent

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The city is attracting highly skilled labor faster than Boston, Seattle or San Jose

It’s easy to feel like the Philadelphia CBD is swelling; new construction, competitive parking, and traffic congestion might be frustrating, but they also tell a story of a booming city. While census data tell us that Philadelphia’s modest growth is due more to rising birth rates than relocation, we know that Center City’s population is increasing, especially east… Read More

Categories: Research, Technology.

Up, Up, and Away for Philadelphia CBD

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Philadelphia CBD

It’s up, up, and away in the Philadelphia CBD with office rents on the rise and absorption turning positive.

The new year started quietly in Center City with leasing activity down but absorption trending upward into positive territory. (At the time of this post, clocking in at 46,594 SF.)

Notably, Q1 was… Read More

Meet the JLL Employees: Part Two

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Forget the ping pong tables- people like to do business with people that they like. Many of us today spend more waking hours in the office than at home, so JLL makes it a priority to hire individuals who are not just talented but original, authentic, and just plain impressive.  

This week, we’re continuing a blog series that helps you, our clients and colleagues, get to know the JLL employees that… Read More

Philadelphia New Construction is the Northeast’s Biggest Bargain, but Availability May Be Destined to Dwindle

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Philadelphia new construction

Across the country, tenants expect – and are often willing – to pay a premium for new construction. The rent gap between existing buildings and new deliveries, however, can vary widely from place to place with certain markets standing out as more affordable than their neighbors. In the Northeast, JLL has… Read More

Meet the Philly Team: Get to Know Four JLL Employees

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JLL employees make our company what it is. We’re constantly inspired by each other, not just for our professional accomplishments but by the unique personalities and perspectives of the people with whom we work.

Get to know JLL and you might be surprised by the world travelers, karaoke enthusiasts, and amateur chefs in our midst.

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JLL’s Alex Breitmayer Named One of Mid-Atlantic Real Estate Journal’s “30 Under 30”

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Each year, the Mid-Atlantic Real Estate Journal recognizes commercial real estate’s brightest young executives, innovators and game changers as part of their coveted “30 Under 30” list. It is one of their most-anticipated issues for good reason, as our CRE clients, peers, and other leaders applaud the talented individuals shaping our industry’s future. This year, JLL is proud to congratulate one of our own, as Vice President Alex Breitmayer has been… Read More

What’s on the horizon for NJ incentives?

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With a new governor at the helm in New Jersey, and the Grow NJ program scheduled to sunset in mid-2019, the market is curious about the future of economic incentives in the Garden State.

So naturally, our colleagues in New York asked themselves what’s on the horizon for NJ incentives? We had a hunch that CRE leaders in Greater Philadelphia – especially those served by our Cherry Hill office – would be just as interested… Read More

Categories: Office.

Can You Guess The Most Expensive Street in Philadelphia?

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Ask an office tenant which factors most impact their leasing decisions, and there’s at least one answer you can rely on: “Location, location, location.” Though desirable locations typically come with a high price tag, many office tenants are willing to pay for the prestige, accessibility, or surrounding amenities that come with it. This year, JLL’s biennial Most Expensive Streets study has revealed that the most expensive street in Philadelphia is 30th… Read More