Market Share

The Official Blog for Commercial Real Estate

Tag: office real estate

2023 forecast

What Will 2023 Bring for CRE?

  • December 27, 2022
As the calendar turns to 2023, what’s ahead for the commercial real estate field? We talked to several NAIOP Distinguished Fellows and Research Foundation Governors to get their forecasts for the next 12 months.
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Office space

CommercialEdge: Office Vacancy Rates Rise Nationwide in 2022

  • December 19, 2022
Although many in the industry had assumed that the office market would stabilize in 2022 –  and perhaps even begin to recover pandemic losses – this stabilization did not occur. Rather, wider economic changes; repeated interest rate increases by the Federal Reserve; the further establishment of work-from-home and remote office arrangements; and increasing numbers of office footprint reductions by businesses caused vacancy rates to continue to rise throughout the year, according to the latest CommercialEdge report.
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Life sciences workspace

Positioned for Success: Life Sciences Market’s Long-term Outlook is Strong

  • December 12, 2022
The JLL 2022 Life Sciences Research Outlook and Cluster report reveals the critical trends shaping the industry, and developers should take note of some key takeaways that could inform development strategy in 2023.
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Modern office space with employees

Inflation, Utilization and the Forces Shaping Office Space Demand

  • December 8, 2022
“We cannot possibly talk about the overall economy without first discussing inflation,” opened Michael Seiler, DBA, during a NAIOP webinar this week. Seiler and Hany Guirguis, Ph.D., author the NAIOP Office Space Demand Forecast.
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Modern office space with green plants

Five Ways Office Developers are Building up the Future of Work

  • December 1, 2022
With remote work in play, the office needs to provide employees with a value proposition that invites them in. In JLL’s 2022 Future of Work Survey, 77% of companies said that they are investing in quality office space to incentivize employees to work from the office. Our research forecasts a flight to quality over the next three years, calling it “a clarion call for employees to take action” – and companies are willing to pay extra for it.
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Office space with employees

CommercialEdge: Office Starts Slump in Gateway Markets, Advance in Sunbelt

  • November 11, 2022
CommercialEdge's October office report explains that office starts slumped in gateway markets, but advanced in the Sunbelt.
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Life sciences

What it Took to Build Chicago’s Largest Private Chemical Lab in Fulton Market

  • October 31, 2022

As much of Chicago’s office market struggles to regain its footing, the booming life sciences and biotech industry is poised to change the landscape in and around the downtown core. The fundamental problem is the lack of research and development and lab space to keep up with the demand. Hazel Technologies – a USDA-funded agricultural […]

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Return to office

Using Data-informed Decisions for a Successful Return to the Office

  • October 12, 2022

People who usually worked in offices adjusted quickly to hectic home environments and makeshift workspaces during the COVID-19 pandemic. Now, surveys show that they’re satisfied to leave commutes and cubicles behind for good – or at least for most of a traditional work week. And that’s left a lot of once-bustling office space empty as […]

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