Category Archives: Office

Forsyth remains among the most expensive streets in America

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JLL’s Most Expensive Streets report reveals where office tenants pay top dollar

Just how much will companies pay to occupy one of America’s most desired office addresses? According to JLL’s 2017 Most Expensive Streets study, which looks at priciest U.S. office space, Forsyth in Clayton is one address with the most expensive rents in the U.S.… Read More

Bank of America Plaza Designated as BOMA 360 Performance Building

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Property Demonstrates Best Practices in All Aspects of Management and Operations

Bank of America Plaza has been officially designated a BOMA 360 Performance Building by BOMA International according to JLL (NYSE: JLL), property manager for the downtown St. Louis building. The prestigious BOMA 360 designation recognizes commercial properties that demonstrate best practices in all aspects of management and… Read More

JLL’s David Branding Weighs in on Commercial Real Estate Scene in STL

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The St. Louis Business Journal recently tapped JLL’s executive vice president David Branding for his expertise and knowledge about the St. Louis commercial real estate market. David was one of four featured experts from the area who provided insight into today’s industrial market conditions and how the St. Louis region stacks up when it comes to… Read More

Favorable Startup Conditions Are Plentiful in St. Louis

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 Crunchbase News recently ranked St. Louis as the fourth best city in the Midwest for “entrepreneurs and investors.” While Chicago pulled away from the pack and led all five major categories, St. Louis finished in the top five in four of them. Some highlights have St. Louis startups taking in $579 million of funding since 2015. Our city… Read More

St. Louis Job Market is Strong; Sees All-Time Highs in Employment

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Q2 2017 reports from JLL St. Louis indicate that the region’s job growth remains on the upswing. St. Louis’ unemployment rate has been below 5.0 percent for nine consecutive months now; its longest streak since 2001. In the past 12 months, the market’s education, healthcare and professional service sectors have added more than… Read More

Office Market Gets Back on Track

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St. Louis Office Market Highlights:

  • Quarterly absorption totaled 160,764 square feet. Clayton and West County buoyed the market with 294,176 square feet of absorption.
  • The suburbs continue to carry the region. Class A asking rates in the suburbs are 29.7 percent higher than the CBD.
  • Healthcare and financial services firms are driving future activity, the two industries account for
  • Read More

Five new places where you can find tech talent

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If you’re a technology company facing a real estate decision now, or in the near term, you’re likely looking at a challenging marketplace. JLL research reports:

  •  Competition for a limited talent pool is fierce.
  • Competition for a great location, also fierce.
  • Once you’ve picked a location, finding the right space is also tough.
  • And when you
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Decline in St. Louis Bank Branches Significantly Less Than National Average

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Customer needs and technology are changing the way banks utilize brick and mortar branches. The ability to deposit checks, transfer money, and pay others by computer or cell phone is lessening the need for in-person banking. The result is fewer and smaller branches.

Since 2010 the number of bank branches in JLL markets has fallen by 5.6 percent. The… Read More

Team JLL “Masters the Met” and Raises Funds for the American Lung Association

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After Climb Team Photo

Members of Team JLL, along with more than 1,000 participants, took part in the “Master the Met” race, a vertical challenge to the top of the Metropolitan Square Building, the tallest building in St. Louis. JLL St. Louis, which manages the building and also is headquartered at the Met,… Read More