Category Archives: Industry Events

Top 10: Stop hating Mondays, your happiness at work matters

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Human Experience

Yesterday our Suburban Tenant Representation team hosted a webinar exploring the Future of Work and how Human Experience plays a critical role in shaping a productive culture. In other words, it pays for your company to invest in your satisfaction.

“Understanding real estate’s financial and operational performance is now table stakes,” said JLL Managing Director Ed Nolan. “How people feel about work plays a key role in promoting engagement, empowerment and fulfillment at the office.”

In the midst of tenants’ intense focus on reducing gross rent and utilities costs there lies a missed opportunity to harness human capital.

“Even minor improvements in employee productivity and retention can spur double-digit savings in costs per square foot and strategically drive real estate decisions,” said JLL Managing Director Ben Erskine.

Our top 10 webinar takeaways, based on 18 months of JLL research:… Read More

Evolution of the Legal Workplace

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DLA Piper’s David Mendelsohn, Managing Partner, has a message for all the law firms out there looking to revamp their space: “Do not hold back. Be as creative and bold as your firm’s culture allows you to be.”

legal workplace

DLA Piper’s David Mendelsohn said if you want employees to be productive, it’s about starting with clear objectives, knowing what you want to accomplish and then staying committed to those objectives every step of the way.

While the traditional office sector has been at it for years, law firms are beginning to see the value in modernizing their space to stay competitive and attract top talent. With the help of JLL’s Law Firm Practice Group, DLA Piper did just that.

Earlier this year, DLA left its home of nearly 30 years, 203 N. LaSalle, and made its way to River Point, the gleaming 52-story office tower perched at 444 W. Lake overlooking the Chicago River. The move symbolized the global law firm’s commitment to focusing on its people and creating a productive work environment.

So how can other firms like DLA use their real estate to engage and retain employees and remain competitive?

JLL dove into this discussion recently inside DLA’s brand new office and in front of an audience of nearly 100 of Chicago’s law firm leaders.… Read More

Chicago’s pledge to honor the Paris Agreement and fight climate change

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Today Chicago’s Mayor Rahm Emanuel signed an executive order committing the city to the Paris Agreement sustainability guidelines. This builds upon Chicago’s bold pledge to transition to 100 percent renewable energy in city buildings by 2025, marking a major leap forward from the largest city to set such an ambitious goal.

Paris Agreement

“It’s a significant statement for a city like Chicago to commit to power all city properties with renewable energy,” says Christian Beaudoin, JLL’s Director of Research in the U.S. “Municipalities are moving in this direction and, at some point in the not-too-distant future, this will be standard for cities across the country.”

How will we pull it off? … Read More

Chicago’s top 5 shopping districts

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Chicago's top 5 shopping districts

“Whoever said money can’t buy happiness simply didn’t know where to go shopping.” –Bo Derek

Whoever said that simply didn’t know about prime urban corridors. These nationally recognized shopping districts, both existing and emerging, are propelling brick and mortar retail into the 21st century, featuring high-tech homages to the brands we love and those we’re just getting to know.

Chicago’s top 5 retail corridors cater to a broad audience of tourists and locals, some placing a premium on luxury while others prioritize value and convenience. Just in time for ICSC RECon, we chatted with top JLL Chicago Retail brokers about each corridor’s inner workings.… Read More

Industrial Podcast: Chicago’s changing industrial real estate landscape

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industrial podcast

Welcome to Episode 4 of JLL Chicago Industrial – Real Time, our Industrial Research podcast hosted by George Cutro and Chad Buch. In this “live” episode, the team is on the scene at JLL Chicago Industrial‘s client event, “The Changing Landscape of Chicago Industrial Real Estate.” They sat down with JLL’s Trevor Ragsdale, Kris Bjorson, John Picchiotti, Ben Bischmann and Debra Bonebrake for candid conversations on top trends, market outlooks and the latest JLL Industrial news.


Listen to the podcast with the player above or CLICK HERE.

industrial podcast

Our expert industrial panel: Keith Stauber, Matt Powers, George Cutro, John Picchiotti, John Huguenard and Trevor Ragsdale

The theme of this “Pardon the Interruption”-style panel, inspired by the famous show, was the future. On the heels of 23 consecutive quarters of positive net absorption, the Chicago industrial market is thriving and evolving. Some top takeaways:… Read More

Spotlight on Schaumburg: Strong and steady wins the race

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Schaumburg

JLL’s Northwest Market leasing and research teams: Adam Pines, Christian Beaudoin, Mark Kolar and Jack Trager

Suburban Chicago office may be the tortoise, not the hare, from the old fable, but the market is steadily trending up with healthy fundamentals and tenant demand. More than 50 suburban business leaders joined JLL, the Schaumburg Business Association and the Federal Reserve Bank of Chicago, along with additional sponsors Andigo, the Village of Schaumburg, CP Apparel and Guaranteed Rate, last week to discuss the local commercial real estate climate and the impact of economic conditions on the Northwest suburbs.… Read More

JLL Celebrates Earth Day 2017

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Every year on April 22, we all get a little nudge to pause and celebrate Earth Day. Not only does the day serve as a reminder to consider our individual footprints, but it also encourages us to think about the environmental impact of our buildings and communities.

The built environment accounts for nearly 40 percent of carbon emissions annually in the United States, which means the real estate industry can play a significant role in reducing the impact of climate change. At JLL, we are committed to delivering sustainable solutions that improve energy and resource efficiency, as well as ensure safe, healthy and productive workplaces.

In celebration of this year’s Earth Day, our Health Champions have partnered with Building a Better Tomorrow, our firm-wide sustainability program, to organize green and healthy activities with JLL offices across the United States. Take a look at our Earth Week social media highlights across JLL offices and managed buildings below!

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Women’s History Month: Being bold for change at JLL

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women's history month

Women’s History Month originated on March 7, 1982 as Women’s History Week. In 1987, Congress passed the first joint resolution to designate March as Women’s History Month. Leading up to International Women’s Day on March 8 and beyond, JLL Chicago came together to celebrate and speak out.… Read More

JLL wins big at 29th Annual Chicago Commercial Real Estate Awards

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Chicago Commercial Real Estate Awards

JLL Chicago took home six awards, the most of any company, yesterday at the 29th Annual Greater Chicago Food Depository Commercial Real Estate Awards. The evening brought together nearly 2,000 of Chicago’s top commercial real estate professionals to celebrate this past year’s outstanding achievements across the industry.

As one of the industry’s most high-profile and longstanding awards program, the evening raises more than $1 million to provide more than 3.84 million meals for hungry Chicago area residents.

“To receive this recognition from our commercial real estate peer group is an honor and a reflection of JLL’s industry leadership and our best-in-class Chicago team,” said Dan Ryan, our Central Region Market Director. “To be involved with the Greater Chicago Food Depository’s important work in our local community makes this even more meaningful for all of us at JLL.”

JLL Chicago’s 2016 award recipients include:… Read More

Project Profile: mHUB

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mHUB

JLL was on the scene last week for the grand opening of mHUB and as you can see, sparks were flying. Chicago’s first innovation center for physical product development and manufacturing, mHUB is a collaboration among Chicago’s leaders in business, innovation and research.

“Developing and manufacturing physical products is a capital intensive process and involves a steep learning curve,” said Haven Allen, mHUB co-founder and executive director. “Our industry partners will help fund crucial physical assets for mHUB that our early-stage innovators need to improve their odds of getting to market faster.”

Take a look at mHUB’s story below, where our Tenant Representation and Project and Development Services teams partnered to deliver manufacturing’s future:… Read More

Chicago 2025: Dynamic Expansion

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Chicago 2025

JLL’s Bruce Miller; GLP’s Paul Loosmann; Magellan’s David Carlins; JLL’s Dan Ryan, Ryan Severino and Meredith O’Connor; Oxford Capital Group’s John Rutledge; and The John Buck Company’s Dirk Degenaars at Chicago 2025: Dynamic Expansion.

Hundreds of industry leaders joined JLL Chicago last week to discuss Chicago 2025 and the city’s dynamic expansion. With 4,300 new hotel rooms planned, the lowest office vacancy in 16 years (10 percent), 4 million square feet of speculative industrial construction in the pipeline and 3 million square feet of office space headed to market, the next decade is going to be one for the books.

JLL Chief Economist Ryan Severino kicked things off with a broad-based market outlook, factoring in challenges of the past year from Brexit to an unexpected election result. Despite entering a 2017 filled with elevated policy uncertainty, the Chicago market’s universal truths are bolstering its investment appeal. Chicago’s still the third-largest metro economy in the U.S., with above average annual gross metro product growth and a diverse economy where no single industry comprises more than 20 percent of total employment. Going forward, our unusually high percentage of adults with undergraduate or graduate degrees will be of paramount importance in building on this economic momentum.

gallery_chicago2025_jll

JLL’s Chicago 2025 gallery wall, featuring the market’s hottest projects.

We’re definitely living in interesting times, agreed JLL International Director and panel moderator Bruce Miller. … Read More

Chicago 2025 market insights from JLL experts

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This week JLL Chicago will convene commercial real estate investors, clients and leading experts from throughout the city for Chicago 2025, our annual forecast. We sat down with JLL pros across asset classes ahead of the event for a preview of their sector-specific outlooks.

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In the community: JLL Chicago gives back in 2016

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Making a meaningful difference in our community is one of JLL Chicago’s top priorities. In 2016, we came together as a team and chose to focus our charitable engagement around three incredibly important organizations: American Heart Association, Leukemia & Lymphoma Society and Misericordia.

Let’s look back at some of this year’s efforts, which resulted in nearly $50,000 in contributions to these invaluable groups.

American Heart Association

JLL community engagement - American Heart Association Heart Walk

JLL Chicago’s Heart Walk team

Through Managing Director Jesse Van Dyke, JLL Chicago has had a strong relationship with the American Heart Association for more than 15 years. In addition to representing the organization’s Midwest real estate needs, Jesse’s connection is extremely personal.… Read More

American Cancer Society’s Taste of Hope 2016: First Bite

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Hungry Chicagoans will flock to Venue One in the West Loop tomorrow evening for the third annual Taste of Hope, the American Cancer Society’s premier foodie event in Chicago that has raised more than $500,000 over the past three years. We caught up with JLL Senior Managing Director Jeff Liljeberg, event co-chair, and some restaurant participants for a taste of tomorrow’s menu.

Event Co-Chair – JLL’s Jeff Liljeberg

Taste of Hope 2016

Mike Yazbec, Jeff Liljeberg, Carrie Ward and Mark Johnson at last year’s Taste of Hope. Photo credit: Matt Kosterman Photography

How did Taste of Hope get started and what does it mean to you?

I have been on the Chicago board of the American Cancer Society for close to 20 years and the fight against cancer is very important to me. Family and friends have been impacted. This event was conceived four years ago and intended to be our board’s own signature event. We’ve taken ownership of the process and are so proud to see how it has grown.… Read More

4 investment trends facing Chicago and beyond

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keith_largay_bisnow_jll

 

“The core of downtown Chicago is competing with global cities and we are a low cost leader,” says JLL Managing Director Keith Largay. At Bisnow’s recent State of the Market event, he outlined four investment trends that have investors feeling cautiously optimistic about the city’s future:… Read More

Open House Chicago 2016 – JLL looks back

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JLL buildings under management and JLL employees had a blast participating in the Chicago Architecture Foundation’s Open House Chicago, which offered the public behind-the-scenes access to more than 200 buildings across the city. Here’s a look back at some of our favorite social moments!

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JLL’s Guide to Open House Chicago 2016

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Open House Chicago 2016

Thousands upon thousands of architecture buffs and urban explorers will descend upon the city this weekend for the Chicago Architecture Foundation’s Open House Chicago, which offers behind-the-scenes access to more than 200 buildings across the city on Saturday and Sunday from 9am to 5pm.

JLL Chicago is proud to have four of its buildings under management participating in this free public festival. Enjoy this handy guide to our buildings and get to know a member of each management team along the way. Hope to see you there!

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Inside Zurich North America Headquarters’ LEED Platinum certification

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Zurich North America Headquarters

JLL’s Jim Plummer, John Musgjerd, Jerry Riordan and Keara Fanning at Zurich North America headquarters’ grand opening

This week the JLL team joined Zurich North America to celebrate the grand opening of the firm’s new 783,800 square-foot Schaumburg headquarters. While the historic project has been years in the making, Wednesday’s event was highlighted by the announcement of the project’s LEED Platinum certification, the highest rating by the U.S. Green Building Council.Zurich North America Headquarters

After the ceremony and some entertainment by the Zurich employee choir, JLL Sustainability Practice Lead Keara Fanning took us on a green tour, showcasing the industry-leading outcomes achieved by the team’s LEED Platinum pursuit:… Read More

The Chicago Tech Scene is…

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Innovative. Talented. T-shirts. Could you describe the fast-growing Chicago tech scene in one word? We asked attendees at Chicago Inno’s Chicago Fest to try.

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JLL Chicago Service Day: Back to school

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With fond memories of their school years and a passion for giving back, 260 JLLers took part in the third-annual JLL Chicago Service Day, held on July 20 at John J. Pershing Magnet School for Humanities in the Douglas neighborhood.

JLL Chicago Service Day

260 volunteers from JLL’s Chicago office came out to support John J. Pershing Magnet School for Humanities.

With Pershing’s focus on the arts in mind, we divided into teams and got to work beautifying the school with colorful imagination. Groups created custom murals and mosaics for Pershing’s “Panther Leaders,” as well as a brightly colored outdoor plywood mural and new coats of paint in the hallways. Line games, planter benches and mulching on the grounds around the school added to the outdoor space’s welcoming feel.… Read More