Tag Archives: Research Reports & Trends

Vacancy rates beginning to flatline despite continued economic activity

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In the midst of one of the longest economic expansions, overall vacancy rates continue to fluctuate.

 

Core vacancy rates are the highest, however, class A office and multifamily developments and ASU’s growing Downtown campus will begin to attract an educated workforce to live, work and play. Block 23 leads Downtown’s overall class… Read More

Twenty straight quarters of positive office absorption

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Metro Phoenix has seen a trend like no other before, the end of second quarter 2018 it marked its 20th straight quarter of positive absorption recording at 327,392 square feet and reaching just over a million square feet of YTD absorption.

The strength of the under construction product in also another strong… Read More

Technology driving amazing growth, at least for now…

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Technology has affected banking and financial services and how they are evolving. Four themes have emerged to illustrate the rapidly changing industry.

  1. Integration, integration, integration!
    With so many new lines of business, financial service companies became challenged on how best to integrate functions to be more efficient, serve customers at the highest
  2. Read More

Market tightening as vacancy falls, rents increase – JLL Q4 2015 Industrial Reports

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Industrial InsightStrong absorption, lots of activity in the Gilbert submarket
The Gilbert submarket, situated at the far end of the Southeast Valley, is the fifth-largest submarket in Metro Phoenix. Despite its modest inventory of 16.5 million square feet, Gilbert recorded 815,336 square feet of positive absorption in 2015, easily outpacing submarkets more than twice its size. While 52 percent of the submarket’s absorption gains… Read More

Positive market indicators as market improves – JLL Q3 2015 Industrial Reports

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Steady growth continues throughout the market
The Phoenix industrial market picked up some steam in the third quarter,recording above-average absorption gains and rental rate increases. Developers have committed to speculative projects in addition to the increase in build-to-suit and owner-built properties, delivering more than 4.0 million… Read More

Phoenix Employment Update | July 2014

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July Phoenix Employment UpdatePhoenix employment slowed in May to 1.6 percent over the last 12 months. The Valley added just 28,000 new jobs  over the last year.

The public sector has been a heavy weight on Phoenix’s positive employment growth as government shed over 9,000 in the last year. Education and health services as well as… Read More

JLL’s technology infographic series: The tech labor shortage and talent gap

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The fight for tech talent. The race toward growth. The need for funding. The speed of innovation. These trends are top influencers in the tech industry and also have major impacts on a tech company’s real estate strategy.

These trends are top influencers in the tech industry, and also have major impacts on a tech company’s real estate strategy.

Our series of infographics will dive into each of

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Millenials driving retail industry to revisit in-store sales strategies

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Note: The following article originally appeared on JLL’s Retail Blog.

Play-Video-MillennialsRetailers and mall owners have their in-store sales strategies centered right on Millennials, the generation ages 18 to 34. This fast-growing consumer segment totals 80 million Americans who spend approximately $600 billion annually. Knowing how to attract Millennials’ money is the name of the game for retailers and retail… Read More

See how law firms are utilizing their space and the impact on real estate

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Over the next two years, law firms are expected to continue to lose real estate market leverage. JLL’s new infographic outlines how leverage has shifted away from law firms towards landlords. Check out JLL’s new infographic for more law firm workplace trends and details on how space utilization can lower costs in the legal sector.

Law office space rental rates

Click here for more market… Read More