Optimize your financial institution’s New Jersey real estate footprint to maintain a competitive location while uncovering cost savings.
Driven by proximity to lower Manhattan, and fueled by attractive economic incentives, banking and financial services activity in New Jersey is on the up-and-up, specifically in the Hudson Waterfront. In fact, nearly 40 percent of all transactions in the Waterfront last year were among those in the industry, compared to less than 30 percent in 2013.
In addition to this Class A space, many industry firms keep real estate costs in control with additional offices in the Princeton and Route 78 submarkets, used by back office and support staff.
Through services ranging from tenant representation and workplace strategy to onsite property management, we’ve helped banks and other financial institutions achieve:
- 10-20 percent savings in operating expenses
- 15-20 percent savings in energy costs
- 5-15 percent savings on lease terms
- 10-20 percent cuts in annual capital plans
- 10-30 percent savings in occupancy costs
Real value. Delivered.
Over the past 20 years, JLL's banking experts have worked with more than half of the world’s top 25 banks—including HSBC and KeyCorp —managing 260 million square feet of space.