Trends & Insights: The Future of Commercial Real Estate

While a bigger paycheck is still a driver of job turnover, a new report from JLL shows that quality of life and personal development have never been more important for employees.   Despite economic uncertainty, the fight for quality talent continues. According to JLL research, more than 50% of office workers have left their jobs since the start of the pandemic. And more than 90% say they would con...

Investors are funneling billions of dollars into the life sciences industry, helping early-stage biotech companies—responsible for bringing nearly two-thirds of new products to market in the past decade—discover new therapies, make a positive clinical impact and grow. But first, they need to find more space—and finding any lab space in today's market is nearly impossible, with demand high and supp...

As tenants call for increased flexibility to meet the demand of dispersed teams and hybrid environments, flexible space can help make an asset more competitive in the market. What started as a sweet deal for startups and smaller companies looking for malleable lease terms, co-working has accelerated to a multibillion-dollar industry in demand from every sector. This is why JLL has predicted that 3...

Chicago's Old Post Office was once the largest post office in the world. Now it's home to 2.5 million square feet of office space, a food hall, a tenant lounge and more. But to make a place more than just real estate, it has to be activated with experiences. Tom Larance, Head of Experience Management at JLL, and Jamie Sowski, who manages marketing and events at the Old Post Office, explain how the...

More than 60% of carbon emissions within our cities typically come from buildings. As a growing number of local governments realize the importance of buildings in meeting their net-zero or science-based targets, cities worldwide are embracing innovative ways to cut emissions in new and existing commercial real estate. How can building owners and occupiers work alongside cities to tackle emissions...

The metaverse will require a massive platform as data capacity requirements grow from new applications and uses. However, the data center industry faces some major labor headwinds over the next five years that could limit growth, according to JLL's newest Data Center Outlook report. Harrison Montgomery, head of marketing for augmented reality platform Aireal, Brian Kortendick, Executive Director o...

America's infrastructure projects historically have negatively impacted communities of color and low-income neighborhoods, and they are in dire need of updates. Maria Lehman, president elect of the American Society of Civil Engineers, and Josephine Tucker, who leads JLL's clean energy and infrastructure practice, discuss how the new Infrastructure Investment and Jobs Act can help support infrastru...

What is it about innovative communities that make them a magnet for attracting top talent and companies? In this episode of Building Places, Carol Hodgson, JLL's Sr. Director of Global Research, talks about the benchmarks associated with some of the most innovative geographies across the globe. Dan McGowan, managing director of JLL Denver, weighs in on how his talent-rich region draws in new compa...

In this episode, James Cook speaks with two experts about how to create inclusive workplaces. Christina Piper, workplace expert at JLL, and Claire Coder, CEO at Aunt Flow. From designing spaces with accessibility in mind, to offering supplies that employees need like free menstrual products in the office bathrooms, it's an eye-opening discussion about the seemingly small things that make a big dif...

How are buildings made cybersecure? Just like computers, a building can be hacked—from its sprinkler and HVAC systems to its smart conference rooms and elevators. But when comparing two buildings, how can you tell which is more protected from hackers? Jason Lund, who leads JLL's technology infrastructure group, shares what makes a building cybersecure. James Cook is the director of retail research...

Office workers want to return to the office. This is good news for employers, as research shows productivity and engagement decline when employees are away from the office. Companies again must create a sense of FOMO—fear of missing out—to attract and retain talent with amenity spaces. In this episode, James Cook talks with Christina Piper, workplace expert at JLL, about amenities employees want m...

In this episode, JLL's Henry D'Esposito, Research Manager, National Construction, and Brian T. Oakley, Executive Vice President of Public Institutions Group, talk about how the infrastructure bill will impact CRE and the broader economy. James Cook is the director of retail research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web:  BuildingPlaces.s...

Kristen Halboth, a senior research analyst with JLL explains how state governments have changed their employee workplaces in response to the pandemic. Her new study was produced in partnership with with the National Association of State Chief Administrators (NASCA). James Cook is the director of retail research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen...

100 million Americans are fully vaccinated. If you don't yet have a plan in place to welcome employees back to the workplace, you need to get started ASAP. In this episode, JLL's Ram Srinivasan, managing director, discusses re-entry, the workplace of the future and more. Subscribe:  Apple Podcasts  |  Spotify  |  Google Podcasts Listen on the web:   BuildingPlaces.show Leave a message on the podca...

It's estimated that $17 billion in annual renewable projects could deliver in the U.S. in the next 5 years.  JLL's Bryan Thomas, Vice President, Public Institutions, and Mike Bammel, Managing Director, Renewable Energy, talk about solar power and electric vehicles, public-private partnerships, infrastructure demands and property values. Subscribe:  Apple Podcasts  |  Spotify  |  Google Podcasts Li...

The e-commerce boom during COVID-19 is changing industrial real estate. To attract and retain top talent, industrial employers are offering amenities typically found in office spaces. Mehtab Randhawa, Director, Industrial Research, talks about the shifts in industrial real estate that are creating an improved workplace. Download the research report to learn more about the future of Industrial real...

Although the COVID-19 pandemic has upended normalcy across the globe, that's not always a bad thing, especially in the property world. Using insights from JLL's Better than normal: Vision 2021 report, Christian Beaudoin, managing director of research and strategy at JLL, discusses the opportunity this presents to make things better going forward across several sectors - from offices to retail and...

The number of organizations committing to net-zero emissions doubled in 2020 – but ambition doesn't equal action. In this episode, Matthew Clifford, JLL's Global Product Owner for Energy and Sustainability Services, talks about how companies can create a concrete action plan to reduce their carbon footprint and create greener workplaces. James Cook is the director of retail research in the America...

Dr. Michael Gao is the CEO of Haven Diagnostics, a practicing hospital physician, and a data scientist. He talks about how office layout, the type of work that's done in an office and where it is located will dictate the percentage of vaccinated employees required to achieve herd immunity.  James Cook is the director of retail research in the Americas for JLL.  Subscribe: Apple Podcasts | Spotify...

Sports fans and entertainers are eager to return to the arena. Join JLL's National Director of Sports and Entertainment, Jim Renne, and President of Monumental Sports & Entertainment, David Touhey, as they talk about how the sports and entertainment industry is preparing to safely re-enter arenas for live sports and in-person events. James Cook is a research director at JLL.  Subscribe: Apple Podc...

The pandemic has undoubtedly accelerated U.S. infrastructure construction, says Phil Ryan, a senior research manager at JLL.  Projects like the extension of the LA Metro into Beverley Hills were sped up thanks to the lack of car traffic.  But the pandemic has also slowed down the roll-out of future projects which have as yet to secure funding.   Meanwhile in Australia, Scott Armstrong,  the proper...

Millions of women are leaving their careers to take care of school-age children and monitor at-home learning. What does that mean for the economy? In this episode of the podcast, JLL's Gabrielle Harvey, Vice President, Portfolio Services, and Julia Georgules, Director of Research, talk about the economic impacts of women leaving the workforce to become full-time caretakers.  James Cook is a resear...

Art can not only make a space more unique and inviting, there's actually a business case for it. Martha Weidmann, CEO of NINE dot ARTS, talks about the value of art in commercial real estate and how to turn your property into a one-of-a-kind experience. James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web: Bu...

Now more than ever people want to know what's in the air they're breathing. Raefer Wallis, creator of  ORIGIN, a public resource for data on building materials, and RESET, a technology-driven healthy building standards and certification program, talks about the importance of air quality data to improve building health and prevent the spread of disease. James Cook is a research director at JLL. Sub...

The commercial real estate industry isn't as diverse as it could be. There are fewer women than men and women earn less pay on average in similar roles. Wendy Mann, chief executive officer of CREW Network, talks about their new benchmark study that explores this issue. She also explains how we can work to fix the problem.  Susan Hill is a CREW member and leader. She talks about her career path to...