Tag Archives: occupancy costs

Growing loss factors magnify Manhattan occupancy costs

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Chart of the Week: December 1, 2014

PowerPoint Presentation

  • Increasing loss factors—the difference between occupied space and the amount of space tenants pay for—has resulted in higher occupancy costs over time.
  • Tenants can end up paying more money for the same, and sometimes less, occupied space, even with base rent discounts.
  • The Manhattan office inventory has increased approximately 10
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Five ways law firms can reduce CRE costs & increase employee productivity

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For law firms, cutting-edge design is all about flexibility.

JLL’s new paper, “Perspectives on Law Firms,” explores the notion of flexibility – what it looks like for law firms and how it can be utilized to make spaces more productive. In fact, JLL notes that firms that adopt the latest available technology and modernized workplace strategy have the potential to recapture underutilized space and even shrink occupancy by more than 15%.

In “Perspectives on… Read More