Tag Archives: John Sikaitis

Expansionary leasing activity drives growth across markets

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JLL Q4 U.S. Office Outlook

JLL’s Q4 U.S. Office Outlook highlights economic and real estate conditions in Q4 and forecasts for 2015 and beyond. Key findings from the recently released report include:

  • Swelling corporate confidence and economic growth fueled net absorption of 54.7M s.f. in 2014 (36.7 percent increase from 2013), with 2015 forecast calling for growth to uptick by another 25 percent.
  • Total vacancy declined 15M s.f. from year-end 2013—from 16.6 percent to
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Please join us on Wed Dec 3 for the 2014 Law Firm Perspective Briefing

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Hear JLL law firm experts discuss the trends that are impacting the New York market and what it means for your real estate

LawFirm_Flexibility_webJLL’s recently released 2014 U.S. Law Firm Perspective explored the changing landscape for law firms in Manhattan. Now that you’ve had a chance to read it, join JLL’s Law Firm Group leaders in a virtual meeting as they explain the report’s key points… Read More

New York’s geographically diverse workforce creates opportunities for law firms to relocate beyond traditional submarkets

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New U.S. Law Firm Perspective outlines trends shaping the landscape

LawFirm_Flexibility_webAre you exploring the full gamut of your space options in New York City?

With market dynamics shifting and employee commuting patterns changing over recent years, law firms are increasingly focusing office searches west and downtown where newer, lower- or comparatively-priced space is available.

In JLL’s 2014 Law… Read More

U.S. office market experiences tightest fundamentals of last eight years

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Following from the recent release of JLL’s Q3 U.S. Office Outlook, in the video below, JLL’s Managing Director of U.S. office market research, John Sikaitis, discusses the state of the national office market and expectations for the coming months, as of October 2014.

Download your copy of the Q3 2014 U.S. Office Outlook for a complete market review.

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