Taking A New Approach To Workplace Productivity (SlideShare)

By: JC Pelusi, Market Leader, Managing Director, JLL 

Leading companies look to the workspace to accelerate employee productivity and happiness. Take Google for example: The tech company’s office in Pittsburgh includes sectioned off cubicles, group meeting areas, a cargo net hammock, an indoor garden and raised catwalks. (Check out all the tour on Business Insider).

While all offices can’t be quite that cool, we can look for ways to make the workplace an efficient, desired destination for employees.

It all starts with workplace strategy. And unfortunately, many businesses miss the mark when it comes to focusing on the right objectives for corporate offices. For example, executives are focusing on how much work is getting done, without necessarily measuring the amount of work that actually has an impact on bottom line success.

In a recent survey, JLL found that 74% said “thinking, talking and brainstorming create the most value,” but only 24% actually spend a majority of their time on these behaviors.

We suggest taking a new approach, which begins with determining what kind of work brings the most value for individual organizations, and then planning an office space to support those activities. 

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Commercial Real Estate News Brief: July 2014

Commercial real estate is a dynamic industry. Keep up with Spaces’ monthly recaps of the most valuable industry articles we’ve recently come across, focused on news in Ohio, Michigan and Pennsylvania.  

Office Recovery Spreads Beyond Gateway Cities  

JLL CRE News BriefThe U.S. office sector hit a significant milestone in the second quarter of 2014, reported GlobeSt.com. Aside from notable activity across big cities, experts reported an upturn in office markets “far beyond the gateway cities.”

John Sikaitis, JLL’s managing director for local markets and office research, explained that some of this positive growth can be attributed to secondary, Midwest markets, including Cincinnati, Cleveland, Columbus and Detroit. Sikatis specifically called out growth opportunities in Detroit:

“Healthcare, tech and creative companies, among others, have set up shop in the CBD seeking to attract all the millennials that want to live and play downtown.”

For an in-depth overview of real estate trends in our region, visit JLL’s Q2 market highlights:

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New SVP Reflects on First Three Months at JLL (Q&A)

In April, JLL was excited to announce that local expert, Bill Leone, would join its Pittsburgh leadership team. With more than 30 years of experience in commercial real estate, Bill was a perfect fit.Bill Leone JLL

As Senior Vice President, Bill specializes in tenant representation, landlord representation and investment sales for both local and national JLL clients. Now that Bill has been with the firm for three months, JLL’s marketing team wanted to check in and see how he’s doing in his new position. We sat down with Bill to ask a few questions about his decision, and ultimately, his outlook as a newcomer to the Pittsburgh team.

Here’s what he had to say.

Q&A with JLL SVP in Pittsburgh, Bill Leone

Q: How did you decide that JLL was the right career choice?

A: There were many factors that weighed into the decision, and over the past three months, I’m convinced that all my reasons for coming to JLL were the right ones.

In Pittsburgh, JLL is thought of not only as the leading service provider, but the people are highly sought after as well. All employees genuinely enjoy what they do, they keep the client’s interest, and they always maintain their integrity.

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Attention Law Firms: Better Space Utilization Cuts Operating Expenses [Infographic]

By: Andrew Batson,  Senior Research Analyst, Great Lakes Region

Like many businesses today, law firms are looking for ways to increase productivity and reduce spend. In 2013, many were able to do so through better, more efficient real estate strategies.

In the 2013 Law Firm Perspective, JLL researchers saw a trend toward smaller spaces. Those that moved last year relocated to offices that were 7.1% smaller. Plus, square footage per worker decreased significantly, ranging from 900 square feet to 550 square feet.

From a cost standpoint, those that move to more modern, and more efficient layouts can shrink their real estate occupancy budget by more than 15%.

Check out JLL’s full graphic for more on workspace trends we’re seeing in the legal space. 

A space to suit law firms – An infographic by the team at JLL

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Commercial Real Estate News Brief: June 2014

Commercial real estate is a dynamic industry. Keep up with Spaces’ monthly recaps of the most valuable industry articles we’ve recently come across, focused on news in Ohio, Michigan and Pennsylvania.  

Workplace Trends: Does Your Space Measure Up? 

JLL CRE News BriefIn a recent article from JLL’s newsroom, Richard Kadzis (@IndustryTracker) posed the question: “Does your workplace give you a competitive edge?”

Employee retention, recruitment, and ultimately, production is linked to workplace structure and culture. Your office can drive (or destroy) your culture. So, back to Richard’s question. Does your space give you an advantage? If not, below are five trends to keep in mind as you rework your own real estate strategy.

1. Gaming at work? Millennials enjoy video games. So, businesses are looking for ways to use high-powered, 3D tech to gamify (and speed up) decision-making.

2. Let workers decide. Given the freedom to decide where they will work (i.e. private vs. collaborative space), employees are happier.

3. The end of command-and-control. The “bottom-up” approach cultivates a sense of community. It’s critical that all employees are given a voice.

4. Soaring demand for health and wellness. Sitting all day does not make for a healthy lifestyle. Companies are looking for ways to proactively encourage movement, like staggered elevators.

5. Return to the city. Young pros are looking to downtown areas for vibrant spaces to live and work.

Read Richard’s full post for details.

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Tech Industry Drives Growth in the Midwest: Top 4 Trends [INFOGRAPHICS]

By: Dave MacDonald, Executive Vice President, JLL 

When you think of high-tech, which regions come to mind? Silicon Valley? Perhaps Seattle or even San Francisco? Statistically speaking, you’d be absoultely correct. But what if I told you that cities within our Midwest region, like Detroit and Pittsburgh, are among the tech industry’s next generation of hot cities?

Detroit, as recently reported by GlobeSt.com, “is turning into [a] high-tech hub.” Notorious tech leaders, including Google, Amazon, and Twitter all have a presence in the area. And, thanks to the evolution and demand of navigational amenities, and other computer-driven features in modern cars, the local tech sector is taking off.

Another up-and-coming city for tech: Pittsburgh. In fact, Pittsburgh was recently recognized on JLL’s list of the nation’s next tech hubs. Why? Well, for starters, real estate is much more affordable than other big cities, such as Silicon Valley, Washington D.C. and Los Angeles. Couple that with the city’s established presence with venture capital funding, and its proximity to universities, and you have a potential high-tech hot spot.

JLL researchers recently took a closer look at big trends driving innnovation and growth in local tech. Below, I’ve outlined the top four industry influencers in tech real estate for an up-close look at what’s making waves in national news, and what’s trickling down to our local cites.

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Industrial Distribution Networks Evolve to Accommodate E-commerce [REPORT]

By: JC Pelusi, Great Lakes Market Director at JLL

Largely due to emerging markets, B2C e-commerce spend will hit $1.5 trillion in 2014, according to a recent study from eMarketer.

Online shopping is the ultimate convenience. And thanks to evolving distribution center design and strategy, retailers are able to deliver online orders in a timely fashion. So, how have retailers evolved the structure of industrial real estate to meet consumer expectations? Below, JLL researchers recap the evolution of retail logistics over the past 40 years.

See JLL's whitepaper, E-commerce Boom Triggers Transformation in Retail Logistics, for details.
Along with looking back across the last four decades, JLL’s retail team also looks ahead to answer the question on the minds of many in industrial real estate: What’s on the horizon?

According to JLL’s recent whitepaper, E-commerce Boom Triggers Transformation in Retail Logistics, a new class of retail distribution centers has emerged, including a variety of distribution and fulfillment centers, hubs and warehouses. Below we’ve outlined three of the top trends driving change in retail logistics facilities.

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A Step-by-Step Guide to Your Next Office Renegotiation or Relocation: Part VI

By: Tim Kay, Senior Vice President, Project and Development Services at JLL 

A Step-By-Step Guide To Your Next Office Relocation or Renegotiation  As a lease expiration date approaches, many mark their calendars in dread of the administrative tasks ahead. And although moving is complicated, it’s also a unique opportunity to reinvent your culture, address your space utilization and ensure your strategy is aligned with organizational objectives.  

At JLL, we follow a strategically crafted roadmap to guide our clients through the process. This is the final post in a blog series; each post will serve as a stop on the way to your destination – success.  

Next Stop: Plan and Implement Your Next Move 

So, you have an architect on board and your space is officially in the works. You can finally see the finish line. The lease is signed, the base building analysis is complete, and construction estimates are complete.

But, don’t uncork the champagne just yet. Before you can celebrate, there are a few final steps you and your team must observe to ensure the move is properly executed.

Step 1: Determine Design Details 

Before launching construction, you must first add a general contractor (GC) to your team. Ensure that the GC you select understands your deal drivers and company vision because he or she will facilitate build of your end space. The GC plays a critical role during design and construction.

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3 Demands Driving Distribution Center Design

By: AJ Magner, Managing Director at JLL & Joe Messina, Senior Vice President at JLL

Parts of Ohio, Michigan and Pennsylvania are home to major distribution centers, including Procter & Gamble, Eddie Bauer, lululemon athletica and, tentatively, Amazon.com. Thanks to accessible highways, an inventory of economical land opportunities and the historically low-cost labor markets, the region houses prime real estate for warehouse facilities.

Distribution centers are the backbone of retail industry operations. They are at the core of all product management, inventory, storage and shipment.

According to JLL’s researchers, recent advancements and trends have influenced layout designs of warehouse facilities to change. Stay ahead of the game, and ensure your warehouse operations are up-to-speed by investigating the top demands driving design concepts for distribution centers.

Top Demands Driving Distribution Center Design

Demand 1: Sustainability Keeps Costs Down 

To account for inherent transportation costs, and also balance out the escalating prices of fuel costs and wages, energy efficiency has moved to the forefront of design. Skylights, LED lighting, daylight harvesting and solar panel installations help to conserve energy and cut costs, requiring less electricity to illuminate the facility. 

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Commercial Real Estate News Brief: May 2014

Commercial real estate is a dynamic industry. Keep up with Spaces’ monthly recaps of the most valuable industry articles we’ve recently come across, focused on news in Ohio, Michigan and Pennsylvania. 

Columbus is Living the American Dream 

JLL May-NBAccording to the Burghard Group’s 2013 American Dream Cities Report, Columbus was ranked as the sixth American city enabling residents to achieve their American Dream. The study examined 52 cities across the country with a population of 1 million or more.

Columbus Underground reports that while the study highlights how local residents feel, it does not offer insight into why residents have those feelings.

Other cities mentioned in the report include:

  • Cincinnati: Ranked 14th
  • Detroit: Ranked 26th
  • Cleveland: Ranked 36th
  • Pittsburgh: Ranked 48th

For a full list of the findings, visit the Achieving The American Dream report.

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