Building Places | People, Cities and the Future of Real Estate

How can companies retain talent in the hybrid era? Feb 14, 2023

While a bigger paycheck is still a driver of job turnover, a new report from JLL shows that quality of life and personal development have never been more important for employees.

Despite economic uncertainty, the fight for quality talent continues. According to JLL research, more than 50% of office workers have left their jobs since the start of the pandemic. And more than 90% say they would consider changing jobs again in the next 12 months.

To attract and retain talent in the hybrid era, employers must rethink the pre-pandemic playbook. But can companies create workplaces that provide the flexibility that employees want, while also meeting productivity goals? Can a well-designed hybrid strategy foster real collaboration within the workplace – and help make your company a place workers want to visit? Flore Pradère, JLL's research director for Global Work Dynamics, and Amber Schiada, head of JLL America’s Work Dynamics research, discuss today’s new employee value proposition.

James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web: BuildingPlaces.show

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How is a bear market helping scaling biotechs find space to grow? Oct 06, 2022

Investors are funneling billions of dollars into the life sciences industry, helping early-stage biotech companies—responsible for bringing nearly two-thirds of new products to market in the past decade—discover new therapies, make a positive clinical impact and grow. But first, they need to find more space—and finding any lab space in today’s market is nearly impossible, with demand high and supply nearly dried up.

Meanwhile, midsize biotech companies are facing a bear market and trying to conserve cash to weather the slowdown. One way they’re doing this: by subleasing excess space for the near future. This has given scaling companies a huge opportunity to get the space they need with more flexible leases.

How do these deals work? Robert Coughlin, managing director of JLL's life sciences practice, explains.

James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web: BuildingPlaces.show

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How will flex space be part of next-gen office buildings? Sep 21, 2022

As tenants call for increased flexibility to meet the demand of dispersed teams and hybrid environments, flexible space can help make an asset more competitive in the market. What started as a sweet deal for startups and smaller companies looking for malleable lease terms, co-working has accelerated to a multibillion-dollar industry in demand from every sector. This is why JLL has predicted that 30% of office space will be flexible by 2030.

So, how can you be sure you’re serving up what your tenants need and ensuring your assets have the right mix of space amid this changing environment? Find out in this special live episode of Building Places, where host James Cook interviews JLL’s trifecta of flex expertise, including Jacob Bates, Head of Americas Flex by JLL, Anastacia Anderson, Vice President of Investor Partnerships, and Kez Anderson, Senior Vice President of Sales.

James Cook is the director of retail research in the Americas for JLL.

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How is a Chicago office building activated with experience management? Jun 21, 2022

Chicago's Old Post Office was once the largest post office in the world. Now it's home to 2.5 million square feet of office space, a food hall, a tenant lounge and more. But to make a place more than just real estate, it has to be activated with experiences.

Tom Larance, Head of Experience Management at JLL, and Jamie Sowski, who manages marketing and events at the Old Post Office, explain how they made that happen.

James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web: BuildingPlaces.show

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How can cities help commercial real estate cut carbon emissions? Jun 13, 2022

More than 60% of carbon emissions within our cities typically come from buildings. As a growing number of local governments realize the importance of buildings in meeting their net-zero or science-based targets, cities worldwide are embracing innovative ways to cut emissions in new and existing commercial real estate.

How can building owners and occupiers work alongside cities to tackle emissions within their assets and across their portfolios? Greg Bolino, Global Head of Sustainability Strategy and Assets at JLL, and Jeremy Kelly, JLL's Lead Director of Global Cities Research, discuss.

James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web: BuildingPlaces.show

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How will the metaverse impact data centers? Jun 06, 2022

The metaverse will require a massive platform as data capacity requirements grow from new applications and uses. However, the data center industry faces some major labor headwinds over the next five years that could limit growth, according to JLL’s newest Data Center Outlook report. Harrison Montgomery, head of marketing for augmented reality platform Aireal, Brian Kortendick, Executive Director of JLL’s data center global strategy and growth and David Barnett, author of JLL's data center report, discuss the implications of the metaverse. James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web: BuildingPlaces.show

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How can the infrastructure bill help advance racial justice in America - Building Places #38 Apr 15, 2022

America's infrastructure projects historically have negatively impacted communities of color and low-income neighborhoods, and they are in dire need of updates. Maria Lehman, president elect of the American Society of Civil Engineers, and Josephine Tucker, who leads JLL's clean energy and infrastructure practice, discuss how the new Infrastructure Investment and Jobs Act can help support infrastructure work that advances racial justice in America.

James Cook is the director of retail research in the Americas for JLL.

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What attracts innovators to a city? Mar 01, 2022

What is it about innovative communities that make them a magnet for attracting top talent and companies? In this episode of Building Places, Carol Hodgson, JLL’s Sr. Director of Global Research, talks about the benchmarks associated with some of the most innovative geographies across the globe. Dan McGowan, managing director of JLL Denver, weighs in on how his talent-rich region draws in new companies and capital.

James Cook is the director of retail research in the Americas for JLL.

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How do inclusive amenities create a better office experience? Oct 06, 2021

In this episode, James Cook speaks with two experts about how to create inclusive workplaces. Christina Piper, workplace expert at JLL, and Claire Coder, CEO at Aunt Flow. From designing spaces with accessibility in mind, to offering supplies that employees need like free menstrual products in the office bathrooms, it’s an eye-opening discussion about the seemingly small things that make a big difference.

James Cook is the director of retail research in the Americas for JLL.

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How are buildings made cybersecure? Sep 23, 2021

How are buildings made cybersecure?

Just like computers, a building can be hacked—from its sprinkler and HVAC systems to its smart conference rooms and elevators. But when comparing two buildings, how can you tell which is more protected from hackers? Jason Lund, who leads JLL’s technology infrastructure group, shares what makes a building cybersecure.

James Cook is the director of retail research in the Americas for JLL.

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What do future office amenities look like? Sep 13, 2021

Office workers want to return to the office. This is good news for employers, as research shows productivity and engagement decline when employees are away from the office. Companies again must create a sense of FOMO—fear of missing out—to attract and retain talent with amenity spaces. In this episode, James Cook talks with Christina Piper, workplace expert at JLL, about amenities employees want most in the future of work.

James Cook is a director of research in the Americas for JLL.

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How will the new infrastructure bill impact CRE and the cost of construction? Sep 03, 2021

In this episode, JLL's Henry D’Esposito, Research Manager, National Construction, and Brian T. Oakley, Executive Vice President of Public Institutions Group, talk about how the infrastructure bill will impact CRE and the broader economy.

James Cook is the director of retail research in the Americas for JLL.

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Have states changed how they work in response to COVID? Jul 08, 2021

Kristen Halboth, a senior research analyst with JLL explains how state governments have changed their employee workplaces in response to the pandemic. Her new study was produced in partnership with with the National Association of State Chief Administrators (NASCA).

James Cook is the director of retail research in the Americas for JLL.

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Is your organization ready for a return to work? Jun 16, 2021

100 million Americans are fully vaccinated. If you don't yet have a plan in place to welcome employees back to the workplace, you need to get started ASAP. In this episode, JLL’s Ram Srinivasan, managing director, discusses re-entry, the workplace of the future and more.

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How will clean energy projects impact commercial real estate? May 10, 2021

It's estimated that $17 billion in annual renewable projects could deliver in the U.S. in the next 5 years. JLL’s Bryan Thomas, Vice President, Public Institutions, and Mike Bammel, Managing Director, Renewable Energy, talk about solar power and electric vehicles, public-private partnerships, infrastructure demands and property values.

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Are office amenities coming to the warehouse? Feb 24, 2021

The e-commerce boom during COVID-19 is changing industrial real estate. To attract and retain top talent, industrial employers are offering amenities typically found in office spaces. Mehtab Randhawa, Director, Industrial Research, talks about the shifts in industrial real estate that are creating an improved workplace.

Download the research report to learn more about the future of Industrial real estate.

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What will "normal" look like post-COVID? Feb 10, 2021

Although the COVID-19 pandemic has upended normalcy across the globe, that's not always a bad thing, especially in the property world. Using insights from JLL's Better than normal: Vision 2021 report, Christian Beaudoin, managing director of research and strategy at JLL, discusses the opportunity this presents to make things better going forward across several sectors - from offices to retail and industrial spaces.

Read the Better than normal: Vision 2021 report here.

James Cook is the director of retail research in the Americas for JLL.

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How will companies meet net-zero energy goals? Feb 01, 2021

The number of organizations committing to net-zero emissions doubled in 2020 – but ambition doesn’t equal action. In this episode, Matthew Clifford, JLL’s Global Product Owner for Energy and Sustainability Services, talks about how companies can create a concrete action plan to reduce their carbon footprint and create greener workplaces.

James Cook is the director of retail research in the Americas for JLL.

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When will my office get herd immunity? Jan 18, 2021

Dr. Michael Gao is the CEO of Haven Diagnostics, a practicing hospital physician, and a data scientist. He talks about how office layout, the type of work that's done in an office and where it is located will dictate the percentage of vaccinated employees required to achieve herd immunity.

James Cook is the director of retail research in the Americas for JLL.

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When will fans return to the arena for live sports? Jan 13, 2021

Sports fans and entertainers are eager to return to the arena. Join JLL's National Director of Sports and Entertainment, Jim Renne, and President of Monumental Sports & Entertainment, David Touhey, as they talk about how the sports and entertainment industry is preparing to safely re-enter arenas for live sports and in-person events.

James Cook is a research director at JLL.

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Has the pandemic sped up infrastructure construction? Jan 07, 2021

The pandemic has undoubtedly accelerated U.S. infrastructure construction, says Phil Ryan, a senior research manager at JLL. Projects like the extension of the LA Metro into Beverley Hills were sped up thanks to the lack of car traffic. But the pandemic has also slowed down the roll-out of future projects which have as yet to secure funding. Meanwhile in Australia, Scott Armstrong, the property portfolio manager at Local Government Super talks about how the property portfolio has taken the lead in in carbon neutral certification. Lisa Hinde, strategic sustainability director, APAC, JLL speaks to the importance of green initiatives in property management.

This is a special crossover episode of Building Places and JLL Perspectives Podcast.

James Cook is the director of retail research in the Americas for JLL in the U.S.

Rebecca Kent is content manager for JLL in Australia.

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What can businesses do to keep women from quitting? Dec 21, 2020

Millions of women are leaving their careers to take care of school-age children and monitor at-home learning. What does that mean for the economy? In this episode of the podcast, JLL's Gabrielle Harvey, Vice President, Portfolio Services, and Julia Georgules, Director of Research, talk about the economic impacts of women leaving the workforce to become full-time caretakers.

James Cook is a research director at JLL.

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Can art influence the market value of your real estate? Nov 12, 2020

Art can not only make a space more unique and inviting, there’s actually a business case for it. Martha Weidmann, CEO of NINE dot ARTS, talks about the value of art in commercial real estate and how to turn your property into a one-of-a-kind experience.

James Cook is the director of retail research in the Americas for JLL.

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How much do you know about the air you’re breathing? Oct 13, 2020

Now more than ever people want to know what's in the air they're breathing. Raefer Wallis, creator of ORIGIN, a public resource for data on building materials, and RESET, a technology-driven healthy building standards and certification program, talks about the importance of air quality data to improve building health and prevent the spread of disease.

James Cook is a research director at JLL.

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How can the commercial real estate industry be more diverse? Oct 03, 2020

The commercial real estate industry isn't as diverse as it could be. There are fewer women than men and women earn less pay on average in similar roles. Wendy Mann, chief executive officer of CREW Network, talks about their new benchmark study that explores this issue. She also explains how we can work to fix the problem.

Susan Hill is a CREW member and leader. She talks about her career path to senior managing director of JLL Capital Markets,

Read the 2020 CREW Network Benchmark Study: Gender and Diversity in Commercial Real Estate here.

James Cook is the director of retail research in the Americas for JLL.

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How do Universities partner with private developers? Sep 29, 2020

The fall semester is in full swing at our nation's universities, but many have cut in-person classes. This has meant less demand for student housing, which can be a problem if that's your business. Matt Do explains how Public Private Partnerships at Universities can be structured successfully.

James Cook is the director of retail research in the Americas for JLL.

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Is Data the New Oil? Sep 08, 2020

With many more people now working, schooling and viewing entertainment from home, our reliance on the cloud is at an all-time high. JLL Research manager David Barnett explains how data centers, the places where the servers that power the cloud are housed, have seen sustained global demand. Nearly every industry is now reliant on the computing power of the cloud and observers are asking, "Is data the new oil?"

James Cook is the director of retail research in the Americas for JLL.

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Back to school, and work? Aug 21, 2020

It is time for students to go back to school. But thanks to the pandemic, school is unlike anything we've seen before. Remote learning will have a big impact on the millions of workers that also happen to be parents. Research directors Patricia Raicht and Christian Beaudoin have studied the impact on office employers and investigated how companies can support parent employees. James Cook is the director of retail research in the Americas for JLL.

Read the report: Back to school, and work?

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What's Blocking Blockchain? Aug 14, 2020

Remember Blockchain? No so long ago it was also held out as a technology that could revolutionize real estate transactions. So, what happened to the revolution?

Matthew McAuley, a director with the JLL Global Research team explains the obstacles that have stood in the way of wide blockchain adoption.

He also discusses the bigger story of real estate transparency and the Global Real Estate Transparency Index.

James Cook is the director of retail research in the Americas for JLL.

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How Will Telehealth Impact Medical Property? Aug 07, 2020

Audrey Symes talks about how telemedicine, the lifestyle of wellness and COVID-19 are all impacting healthcare real estate. Audrey is Director of Research, Healthcare, Life Sciences and Advisory at JLL.

Download: 2020 Healthcare Real Estate Outlook

James Cook is the director of retail research in the Americas for JLL.

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What Will Happen to the Hotel Industry? Jul 17, 2020

With business and leisure travel at all time lows, the hospitality industry is facing a crisis. Gilda Perez-Alvarado, the Chief Executive Officer of JLL Hotels & Hospitality explains how hotels are adapting with new technology and safety procedures. She expects leisure travel will return first, followed by a more gradual return of business travel.

James Cook is the director of retail research in the Americas for JLL.

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Is Flex Still the Future of Office Space? Jul 09, 2020

Flexible office space has seen an explosion of growth in the past few years. But how threatened is it by the COVID-19 crisis? Ben Munn is the Global Flexible Space Lead at JLL. He explains how flex space will see demand return as corporations enter the coming recovery phase. He also explains how the flex business model will have to shift in the future.

James Cook is the director of retail research in the Americas for JLL.

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A Return to Domestic Manufacturing? Jul 07, 2020

Rich Thompson explains how American companies are looking to reduce risk by bringing manufacturing to the U.S. and other countries. Thompson leads the global Supply Chain & Logistics Solutions team for JLL.

James Cook is the director of retail research in the Americas for JLL.

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Life Science Facilities React to COVID-19 Jul 01, 2020

The demand for research facilities has led to low vacancy. In some cases, other types of commercial space has been reconfigured for research use. Roger Humphrey, the global leader of JLL's Life Sciences practice explains that while continuing to manufacture vital medicines, these companies have taken on the additional challenge of creating drugs, tests and therapies to combat COVID-19.

James Cook is the director of retail research in the Americas for JLL.

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Why is there demand for more cold storage space? Jun 22, 2020

A shift in consumer preferences for fresh items combined with growing interest in grocery eCommerce has meant that cold storage facilities are seeing surging demand. Trevor Ragsdale and Tim O'Rourke explain what that new demand means for real estate investors and speculative developers.

Trevor Ragsdale is an Executive Managing Director and Tim O'Rourke is a Managing Director at JLL.

James Cook is the director of retail research in the Americas for JLL.

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The Entertainment Industry, COVID-19 and Real Estate Jun 14, 2020

The entertainment industry has seen more demand for content from home viewers, yet COVID-19 has kept new productions in check. Amber Schiada explains how the industry plans to return to production with new safety protocols. She also spells out how the entertainment industry has fostered demand for commercial property in Los Angeles and beyond. Amber is based in Los Angeles and directs research for JLL in the Southwest.

James Cook is the director of retail research in the Americas for JLL.

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Do cities need urban warehouses? Jun 02, 2020

As eCommerce grows, so too does the demand for distribution buildings. Leslie Lanne explains how that demand will justify the construction of multistory warehouses within city limits. Leslie is a Senior Managing Director at JLL. James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen on the web: BuildingPlaces.show Leave a message on the podcast hotline. We may use it on an upcoming show. Call (602) 633-4061 Read more real estate research here.

Will returning workers take public transportation to the office? May 29, 2020

In cities like New York, San Francisco, Chicago and Boston, where many commuters rely on public transportation, questions remain as to how workers will get back to work in a safe fashion. Christian Beaudoin and Julia Georgules talk about these transportation challenges, and the ways in which office managers and property owners might address them.

James Cook is the director of retail research in the Americas for JLL.

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What industrial buildings are investors buying now? May 15, 2020

COVID-19 has caused a change in consumer shopping behavior. That change has affected investor demand for industrial property investment sales. John Huguenard, JLL head of industrial investment sales, explains that shift in investor activity and what it will mean in the future.

James Cook is the director of retail research in the Americas for JLL.

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Does sustainability still matter? May 07, 2020

Richard Batten says that even as people and businesses grapple with COVID-19, sustainability goals are still vital. The Global Chief Sustainability Officer at JLL talks about the steps the firm is taking to reduce its scope 1 and 2 carbon emissions by 68% by 2034.

Read more about JLL's global sustainability efforts here.

James Cook is the director of retail research in the Americas for JLL. Read more real estate research here.

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How should we manage industrial buildings in the COVID-19 crisis? Apr 30, 2020

Debra Bonebrake has overall responsibility for JLL's U.S. Industrial Property Management Platform. She explains what types of industrial occupiers have been most hurt by COVID-19 closures, how to conduct market tours and property inspections while respecting social distancing and the reentry measures that have her team occupied.

James Cook is the director of retail research in the Americas for JLL.

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What will offices be like in a post COVID-19 world? Apr 24, 2020

Since March of 2020, the majority of office workers have been at home. When they return to work, offices will have to make changes in space design, work schedules, and safety and health procedures. Christian Beaudoin is one of the authors of Tenant needs in a post-pandemic world. He is Managing Director, Research & Strategy at JLL

James Cook is the director of retail research in the Americas for JLL.

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How can industrial occupiers handle the COVID-19 crisis? Apr 17, 2020

Trevor Ragsdale works with corporate occupiers of industrial buildings. He talks about how tenants can best have rent relief discussions with landlords and what trends to be looking at for the future.

Trevor Ragsdale is US head of industrial integrated portfolio services.

James Cook is the director of retail research in the Americas for JLL.

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Can you forecast real estate in these uncertain times? Apr 17, 2020

How can companies prepare for the future ahead? Ben Breslau, Chief Research Officer at JLL, explains how to predict the future of real estate in these incredibly uncertain times.

James Cook is the director of retail research in the Americas for JLL.

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