Tag Archives: hiring

July uptick in tech sector leasing activity

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JLL NYC Research: August Tech Monthly

High-tech_blogJLL’s Tech Monthly looks at activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Highlights of our August report include:

  • Tech sector employment in New York City increased by 5.2 percent year-over-year in June, again the largest industry growth among all major sectors.
  • Tech tenants committed to 350,910 square feet of recorded transactions
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Q2 2014 U.S. Office Outlook: enhanced absorption creates tightest office sector in years

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JLL Research is pleased to release its Q2 2014 outlook on the U.S. office sector.

Our take:

  • Increased private sector hiring has yielded higher leasing volumes and occupancy growth rates, leaving tenants the tightest market in seven years.
  • New supply has remained minimal, but will offer tenants additional options over the next 18 months in markets like Austin, Dallas, Denver, Houston, New York, Phoenix, Raleigh and the Bay Area.
  • Limited near-term supply relief and a
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