Yearly Archives: 2016

Houston Sublease Inventory Decreases for First Time in Two Years

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Dec. 21, 2016

sublease inventoryAfter growing by a net of 3.5 million square feet in 2016, Houston’s sublease inventory recently decreased by 5 percent following an uptick in leasing activity and ConocoPhillips’ decision to relocate their headquarters to Energy Center IV.

The fourth quarter of 2016 has seen four multi-floor subleases signed, a significant amount considering… Read More

Smaller Cities, Bigger Growth: Finding Tech Companies Where You Least Expect

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Dec. 13, 2016

tech companies

No longer sequestered on the West Coast, the technology industry has been growing in cities nationwide.

Across the country, tech companies have consistently driven the most leasing activity in recent years, averaging 22.3 percent of large-block leasing. Banking and finance companies follow distantly, comprising 10.3 percent of leasing activity since the third quarter of… Read More

Categories: Office, Research, Technology.

JLL among Best Corporate Citizens on Forbes JUST 100 List

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Dec. 7, 2016

just-100-v2Doing good is good business, and we’re leading the way in our industry.

JLL has been named to the inaugural JUST 100 list compiled by Forbes magazine and JUST Capital, a nonprofit that studies corporate behavior. The list ranks U.S. public companies based on workplace, ethics and corporate citizenship issues. JLL was recognized as the top performing… Read More

Categories: Awards, JLL.

Lack of Construction Labor a Challenge across US Markets

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Dec. 2, 2016

By: John Roberts, Executive Vice President, JLL Houston

construction labor

With both construction and overall U.S. unemployment rates near record lows, and development volumes at cycle highs, a lack of construction labor continues to be a challenge in all U.S. markets.

Skilled labor job openings have increased nationally, yet gone unfilled for longer than the U.S.… Read More

Categories: Research.

The Impact of Low Oil Prices: Upstream, Midstream & Downstream

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Nov. 15, 2016

By: Bruce Rutherford, International Director of JLL’s Global Energy Practice Group

How is the energy downturn affecting CRE decisions by companies in each energy sector? What are the implications for the future?

upstream midstream downstreamUpstream – streamlining to survive the downturn

The energy downturn has hit the upstream sector of the oil and gas industry the hardest. Exploration & Production (E&P) companies in the upstream sector hired… Read More

JLL Lands a Spot on 2 “Best Places to Work” Lists

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Nov. 9, 2016

We think our culture is great, and our people agree!

JLL Houston is proud to announce it was named one of the best places to work in Houston by both the Houston Business Journal and Houston Chronicle.

The results in both programs are based on employee feedback surveys administered by leading research firms specializing in organizational health and workplace improvement.

A career at JLL means being at the center of one of the largest, most… Read More

Categories: Awards, JLL.

Affordability, Diversity Drive Houston Tech Opportunity

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Oct. 24, 2016

houston tech

Nothing demonstrates an industry’s momentum like its physical expansion across real estate markets.

In recent years, technology companies have driven the most leasing activity nationwide, averaging 22.3 percent of large-block leasing. Banking and finance companies follow distantly with 10.3 percent of leasing activity since the third quarter of 2014.

Over the course of this… Read More

Categories: Houston, JLL, Research, Technology.

Retail Evolves in Highly Competitive Environment

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Oct. 20, 2016

grocery wars

Houston retail continues to be one of the hottest markets in the nation. No category demonstrates this more clearly than the city’s grocery sector.

Grocers, and other retailers alike, continue to play catch-up with Houston’s strong population growth over the last few years. Pent-up demand remains the most significant force propelling the… Read More

Categories: Houston, Research, Retail.