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

In Philly Tech, Leasing and Talent are on the Rise

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If you’ve been following the tech boom in recent years, you may have noticed a trend: tech companies are real estate’s #1 office customer, and as we rely more and more on the innovations coming out of these offices, we can reasonably say that this is no bubble. Rather, it represents a complete shift in the way we do business.  

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Research: Law Firm Office Market Swings in Tenants’ Favor

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Heading into 2018, the global economic outlook remains optimistic – and the law firm office market is no exception.

JLL Law Firm Office Market Header

If you’ve already consulted JLL’s 2017 Law Firm Perspective, you’ll recall that most markets will continue to shift towards tenants as office-hunting conditions become increasingly favorable. (If you… Read More

With a Slow Q3 Behind us in the Philadelphia CBD, Office Leasing Needs to Pick up Before 2018

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Philadelphia CBD VacancyDespite a sluggish third quarter in the Philadelphia CBD, our office market is about to reach a tipping point.

After falling 2.4% from Q2 levels, rents stabilized around $30 per square foot throughout Q3. This subdued market is notable, considering the city and region posted their strongest job growth in years and the current… Read More

Categories: Office, Research.

The Future of Real Estate and Technology with JLL and Marcus Shingles

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Future of Real Estate

Our clients, colleagues, and the media ask us all the time – where is the future of real estate headed, and how can I stay ahead of the curve? To begin answering that question, JLL hosted an event at The Logan Hotel on October 3: “Disruptive… Read More