Now that the first quarter industrial numbers are compiled and published, we’ve had an opportunity to take a look at how DFW is stacking up. Overall, vacancy is still near the low point and rent pressures continue.
The one number that does jump out is our construction pipeline. At 24 million SF, we are at the top of what we have seen historically. We can counter the high level of… Read More
First quarter numbers were recently officially released, which has caused a great deal of discussion in regard to net absorption, which came in much lower (approximately 165,000 sf) than many people anticipated, given the 4.8 million square of net absorption we saw in 2015. The thing about net absorption is that it’s irregular and can swing widely from one quarter to the next, unlike vacancy or rental rates which move… Read More
JLL recently released a report examining the top 50 local office markets and their development pipelines, entitled “Supply rut, or supply glut?” Reports like this can get pretty complicated as many factors are weighed to compile the final rankings. In the case of Dallas, the report concluded that the current and future supply of office space would “exceed” demand, and this would help ease market conditions, giving tenants a… Read More
For the past 12 years Entrepreneurs for North Texas (EFNT) has organized events to bring the North Texas community together on September 11 for Freedom Day. It’s an inspiring day of service to honor the lives tragically lost on September 11, 2001. Last year JLL Dallas joined the efforts and painted the halls of the Atwell School in south Dallas.
JLL Managing Director Steve Thelen said, “It was a rewarding and memorable day, so of… Read More
Commercial real estate is a dynamic and cyclical industry. Here landlord leasing experts Jeff Eckert and Blake Shipley analyze the trends that are driving leasing activity and the changing landscape of the office market.
Q: People in the commercial real estate industry continue to reference Dallas’ historic over-building pattern in the office sector. Do you see this… Read More
Last October when Gables Residential announced that its new development in Uptown would be anchored by a Whole Foods Market, it probably surprised and thrilled the 20-somethings living in the trendy neighborhood. But it doesn’t take long to figure out why the Austin-based grocer would move into our urban core, engage street… Read More
You may have already made the connection that this blog is an outgrowth of our annual magazine – Sixty by Eighty. It wasn’t long after we published our first issue that we realized because so many great events happen during the year, it was going to be simply… Read More
We’ve simplified our name because real estate is complex enough
Underscoring its global operation, scale and vision for the future, Jones Lang LaSalle (NYSE: JLL), the professional services and investment management firm specializing in real estate, has announced that it is now using the name “JLL” and introducing a refreshed logo. The shorter name and new logo are: