Monthly Archives: August 2018

High-tech tenants have catalyzed demand for Midtown South’s new product

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  • High-tech users have accounted for 53 percent of leasing in Midtown South new developments as tech firms have put talent attraction and retention at the forefront of real estate strategies. However, leasing has been led by non-traditional technology tenants. Mastercard signed a 212,500-square-foot at 150 Fifth Avenue for its
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Back-to-school time already?

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JLL survey results reveal top 2018 back-to-school shopping trends

With the start of the 2018–2019 school season just weeks away, back-to-school shopping is already in full swing. Last month, JLL Retail polled more than 1,000 parents of school-age children in the U.S. to learn more about their back-to-school spending plans and discovered eight key takeaways:

  1. Overall, back-to-school spending is down this year, with approximately 62% of
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Hudson Yards/Manhattan West developments are only a small fraction of Manhattan inventory

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• Once completed, Hudson Yards/ Manhattan West will have 21.1 million square feet of office inventory. Though it may seem very large, the total square footage will only represent 4.7 percent of the Manhattan office inventory.

• If we compared Hudson Yards/ Manhattan West to some of the other large markets… Read More

Breakthrough discoveries at a breathtaking pace

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Life Sciences innovation is evolving at a breathtaking pace. Shifting priorities are creating new models, the race for talent is quickening and emerging markets are providing more value than ever before. As Life Sciences companies enter a new era of collaborative research and development, flexibility, and need for more creative space, an effective real estate and facilities strategy is key.

In our 2018 Life Sciences Outlook, JLL calls out 3 trends shaping… Read More