From New York to Chicago and here in Phoenix, creative companies have traditionally flocked to nonconventional, creative spaces located off the beaten bath. Not so much anymore, according to JLL’s newest Skyline Report. With the lack of creative space in unique and eclectic neighborhoods across the country, technology, advertising, media and information companies… Read More
Phoenix ranked 13th in the U.S. for the best job market for recent college graduates in 2017. The western United States is home to eight of the top 20 metros with the best job markets, making it the No. 1… Read More
The Phoenix office market recorded some of the highest absorption gains in the country last year. Halfway through 2017, the market is still going strong. Phoenix ranked No. 3 for positive net absorption year-to-date, trailing behind only Seattle-Bellevue (2.8 m.s.f.) and Dallas (2.6 m.s.f.).
The escalating war for tech talent in major tech hubs is real. Unemployment in traditional tech hubs like Silicon Valley and San Francisco is historically low at a time when tech drives 24.2 percent of U.S. office leasing activity. While these hubs boast access to talent and a culture of innovation,… Read More
According to JLL’s Q2 Phoenix Office Insight Report, five new office projects totaling 638,090 square feet broke ground in the second quarter of 2017. One of the five projects is the Camelback Collective, the ±3.62 acre mixed-use project in the prominent Camelback Corridor which will consist of office space and a hotel. This… Read More
According to JLL’s Q2 Phoenix Industrial Insight Report, the hot activity of manufacturing companies is driving up industrial rental rates. In the last year alone, manufacturing rates have surged 18.6 percent, to $0.59 per square foot. This sector has been particularly active in the Southeast Valley, especially in Tempe and Mesa.
For the first time ever, JLL has been honored as a best large company to work for by AZ Central’s Top Companies to Work for in Arizona. JLL is one of 100 total companies of various sizes to be honored, one of 27 large companies.
Top Companies to Work for in Arizona is a statewide program that… Read More
Phoenix saw an 188% increase in tech jobs from 2016 to 2017, ranking it third in the nation for tech job growth. Huntsville, AL, and Thousand Oaks, CA, took the top two spots with a 309% increase and 200% increase in tech jobs over the same time period.