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Evolving business models within the financial service sector are changing the industry’s commercial space requirements, according to JLL Research’s inaugural Financial Services Operations Centers report. In Florida, these changes are most likely to affect established hubs such as Jacksonville and Tampa, each of which counts
The post Evolving technology revolutionizing financial services space demands appeared first on JLL Florida Blog.
While some urban office markets in Central Florida experienced a drop-in occupancy and leasing activity as the second quarter of 2018 drew to a close, stable fundamentals and unabated new construction suggest optimism among landlords and developers. JLL’s recently released Q2 2018 Office Insight report analyzed the latest market data to provide an overview of
The post New development reflects optimism in Central Florida office markets appeared first on JLL Florida Blog.
Urban office markets across South Florida recorded significant negative absorption in the second quarter, although rental rates so far remain unaffected. In the long run, market observers find reasons for optimism in undiminished demand for Class A space, including a tendency of new high-end properties to lease up relatively quickly despite a general falling off
The post Office markets shrink across South Florida, but new Class A performs well appeared first on JLL Florida Blog.