Which cities are benefitting from the recovery and who will be able to capitalize on the improving economy?
JLL’s annual U.S. Skyline Review evaluates 43 office centers, and cites rising demand for space and tight supply as two key indicators that office landlords are gaining leverage in all but one of the cities studied.
One microsegment truly stands atop the recovery: the luxury-end of the urban office sector that addresses a sense of place and experience to enhance workplace culture and employee retention.
A significant shift in demographics and urban in-migration have fueled skyline population growth to nearly triple the rate of growth of overall cities. Consequently, once derelict or largely ignored urban microsegments will see a renaissance over the next three to five years.
Read more about the emerging themes that are shaping the U.S. Skyline in this slide show.
LinkedIn: An improving economy means investment in commercial office properties is growing across the U.S., and that’s driving demand from tenants. What cities are benefitting and who will be able to capitalize on the recovery? Find out more in Bloomberg’s article http://bloom.bg/1fQ5g3i and through JLL’s Skyline Review