Trends & Insights: The Future of Commercial Real Estate

Charles Myers, of Signum Global,  and JLL's  Ben Breslau delve into the potential risks and opportunities that await in the commercial real estate market for 2024. Gain valuable insights into how economic factors, including AI, interest rates, and geopolitical risks, will shape the industry landscape in the coming years as the industry experts cover a range of buzzing topics, including the economy, deglobalization, clean energy, the future of the office, and, of course, one of the hottest issues on the planet: artificial intelligence (AI). Tune in to the full podcast episode now. Subscribe: Apple Podcasts | Spotify | Google Podcasts   Leave a message on the podcast hotline. We may use it on an upcoming show. Call (602) 633-4061. Or email us at trendspodcast@JLL.com.  Get more insights about commercial real estate here.   

Gone are the days of warehouses being purely functional spaces with four walls, a roof, and not much else. In recent years, they have evolved into sustainable buildings infused with green technology that prioritizes the well-being of their workers. In this episode of Trends & Insights: The Future of Commercial Real Estate, industry experts Michael Ignatiadis from JLL and Jai Mirpuri from ESR Group dive into the rapidly evolving landscape of industrial real estate, sharing valuable insights about how sustainable practices and a tight labor market have shifted design elements in places like Japan, and whether we might soon see this globally. Subscribe: Apple Podcasts | Spotify | Google Podcasts   Leave a message on the podcast hotline. We may use it on an upcoming show. Call (602) 633-4061. Or email us at trendspodcast@JLL.com.  Get more insights about commercial real estate here.   

In this episode of "Trends & Insights: The Future of Commercial Real Estate" podcast, we are joined by guests working at the cutting edge of artificial intelligence (AI) to discuss the role it will play in revolutionizing commercial real estate. Jeevan Kalanithi, CEO and Co-Founder of OpenSpace, walks us through how his company uses computer vision and generative AI on construction sites. Raj Singh, the Managing Partner of JLL Spark Global Ventures, details AI’s potential economic benefits, its evolution within the industry so far, and the importance of integrating AI tools into existing processes. Join host James Cook as we explore the challenges and opportunities AI presents in commercial real estate. James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts  Leave a message on the podcast hotline. We may use it on an upcoming show. Call (602) 633-4061. Or email us at trendspodcast@JLL.com. Get more insights about real estate here.

The transition to electric vehicles (EVs) is picking up speed, but the charging infrastructure is struggling to keep pace. On this episode of the 'Trends & Insights: The Future of Commercial Real Estate' podcast, host James Cook, along with EVgo's Adam Happel and JLL's Josephine Tucker, delves into the burgeoning demand for EV charging stations across the US. They discuss the anticipated growth in EV adoption, the urgent need for a tenfold increase in fast chargers, and the evolving public-private partnerships aiming to bridge the infrastructure gap. As the experts envision a future dominated by EVs, the race is on to develop a robust charging network that fuels this green revolution on the roads. Explore the full discussion and insights on the challenges and promises that lie ahead. James Cook is the director of retail research in the Americas for JLL. Subscribe: Apple Podcasts | Spotify | Google Podcasts  Leave a message on the podcast hotline. We may use it on an upcoming show. Call (602) 633-4061. Or email us at trendspodcast@JLL.com. Get more insights about real estate here.      

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 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.

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 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.

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. 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.

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 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.

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 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.

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 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.