Tag Archives: industrial

2015 was a banner year for post-recession construction activity.

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U.S. constuction

  • Office space under construction peaked at 92.8 million square feet.
  • Industrial construction was the shining star as consumer confidence grew.
  • Construction costs increased in primary office markets, driven by skyrocketing labor costs, which motivated growth in secondary markets.

JLL’s Construction Outlook report provides valuable insight into construction trends in the U.S. and JLL San Diego’s PDS… Read More

Industrial supply constrained with rents nearing peak levels

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US-Industrial-Outlook-Q2-2015-JLL

U.S. net absorption again is up, vacancy is tight and warehouse rents are increasing across the board in nearly every market. New construction is on the rise in a handful of markets, but overbuilding is not yet a concern based on active tenant requirements.

The nation is on track to add 171… Read More

Growth in the construction industry is “building” and expected to continue through 2017 [SLIDESHARE]

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In late 2014, oil prices experienced significant declines due to oversaturated supply and a slowdown in global demand. Prices have since stabilized but at depressed levels. Materials prices were projected to drop in correlation with oil, but high demand for most major construction inputs has kept prices up overall.

Low gas prices typically drive an uptick in demand for retail, e-commerce, and industrial real estate. However, shipping costs remain high due to… Read More

California ranked #1 in United States for manufacturing output

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California’s prominence as a global hub for manufacturing is often underestimated. Yet, with seven well-defined geographic clusters specializing in all areas of manufacturing output, keeping a watchful eye on the golden state may offer some insight as to where the industry is headed next. What you find in this report may surprise you.

JLL Wins Multiple Honors from the San Diego Business Journal

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The San Diego Business Journal has recognized JLL multiple times in the Top Real Estate Deals of the Year.The program is designed to honor dynamic individuals and real estate deals that continue to reshape San Diego’s skyline and expend its footprint.

Winner: Land Deal of the Year Over $5 Million
San Diego Tech Center
Lynn LaChapelle, Bob Prendergast with Eastdil Secured

SanDiegoTechCenter_EXT_166Read More

A look at construction in 2015

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Growth in the construction industry is “building” and expected to continue through 2017.

Construction starts were up in 2014, driven largely by the office and industrial sectors in energy-producing markets, as well as traditional office markets like New York. Even as demand explodes, though, the cost to build is higher than ever thanks to the continued increase in labor and materials costs.

Demand for large retail space has declined as more consumers shop… Read More

Topping the last cycle | U.S. Industrial Outlooks – Q4 2014

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Exceeding (and nearing) last cycle

Our Q4 2014 U.S. Industrial Outlook provides an overview of supply and demand conditions, as well as detailed statistics and brief analyses of major industrial markets. Highlights include:

  • Increasing tenant demand, paired with 19 consecutive quarters of positive absorption, caused U.S. vacancy to finish the year at 6.9 percent, 80 basis points lower than 2007’s rate.
  • In line with vacancy’s decline, asking warehouse rents are now nearing last cycle’s
  • Read More

JLL Wins Multiple Honors from the San Diego Daily Transcript

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The San Diego Daily Transcript has recognized JLL multiple times in the 2014 Commercial Real Estate Deals of the Year.

Editor’s Choice: Deal of the Year
Top Industrial Sale: Second Place

San Diego Tech Center
Jay Alexander, Lynn LaChapelle, Tim Olson, Bob Prendergast, Chad Urie

 

SanDiegoTechCenter_EXT_166

San Diego Tech Center is an award-winning, trophy project located in the heart… Read More

Q4 Industrial First Look: Vacancy dips to a new low

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JLL Research just released a quick snapshot of conditions across the U.S. industrial market. The report includes key metrics and talking points covering leasing, construction and sales activity:

2014-Q4-US-Industrial-First-Look_Final

Click here to download the full First Look at Industrial Report.

Post on LinkedIn: Q4 U.S. industrial vacancy is now 6.9%, which is 80 bps lower than lastRead More

Retailers Aim to take the Hassle out of the Holiday Hustle

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The holiday season may be the most wonderful time of the year for shoppers, but is the pressure to perform crushing the spirit of retailers? New data from JLL’s 2014 Holiday Sentiment Report, which includes feedback from largely 800 national or global retailers in JLL-managed shopping centers across the United States, suggests retailers are optimistic about store performance, but fighting the “survival of the fittest” match.

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