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Countless technology companies are expanding beyond Silicon Valley and branching out to new markets across the country, making tech tenants one of commercial real estate’s biggest customers. In 2015 and 2016, leasing volumes from growing tech companies topped 15 million square feet –– and 2017 figures are expected to surpass that. The industry is scarcely
The post What Tech Tenants’ Look for in New Office Space appeared first on JLL Florida Blog.
While the performance of small- to mid-size warehouses is still a good gauge of the overall health of any industrial market, e-commerce tenants with large space requirements are transforming the way urban markets develop statewide. These prospective tenants are hungry for distribution centers in highly populated areas, and they bring in their wake a host
The post Rising Rents, Sustained Demand Support New Industrial Construction appeared first on JLL Florida Blog.
With vacancy rates at about 8% in Fort Lauderdale’s downtown Class A office market, it’s likely that we will continue to see a strong appetite for office space in the Central Business District within the next 12 to 18 months. Plans are already afoot to meet this new demand, with the Stiles Corporation working to
The post Fort Lauderdale’s Downtown Office Market to Benefit from Mixed-Use Mania appeared first on JLL Florida Blog.