Tag Archives: Chicago

Inside Chicago’s $80 billion manufacturing industry

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manufacturing

Welcome to Episode 13 of Real Time, JLL Chicago’s industrial podcast. In the second half of this two-part episode, the team chats with mHUB CEO Haven Allen about Chicago’s local manufacturing ecosystem. With 14,000 establishments already employing more than 400,000 people, there’s opportunity everywhere. We explore how mHUB and its partners are:

  • Building a community of manufacturing innovation talent
  • Providing those people with opportunities to grow their ideas with local resources
  • Creating the conditions for product innovators to survive and thrive in this industrial revolution
  • Sparking industry collaboration that accelerates the introduction of sustainable new product businesses

Hosted by: Industrial market research experts George Cutro and Chad Buch


Listen to this podcast with the player above or click here.

Listen to Part 1 here.

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Cracking the code: Find your tech talent in Chicago

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Looking to snag a computer programmer on sale? Chicago should be your startup’s tried and true market of choice, given its status as the rare, affordable, large urban market.

“Competition for tech talent, as well as good plug-and-play tech spaces, is fierce,” said Jesse Van Dyke, Managing Director and co-lead of JLL Chicago’s Technology Practice Group.

tech talent

Concentration of employees working in the computer field

The market’s tech ecosystem can be the best indicator of potential job growth and industry stability. Consider planting your tech flag in Chicago, a great location at a great price:… Read More

Today’s contact center credo? Keep calm and multitask

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Ever tried to contact a Millennial? You probably had better luck via text or email than a traditional phone call. Their changing preferences aren’t just impacting etiquette—they’re changing the contact center industry and creating jobs.

“Contact center employees have always required a customer service mindset,” JLL Senior Vice President and Contact Center Practice Group lead Kyle Harding told GlobeSt.com. “But today’s contact center employees also need to be skilled users of technology.”

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Getting to know Steven Spinell

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A lifetime committed to becoming a professional hockey player taught Steven Spinell the value of hard work, time management and teamwork. Coming from a real estate family opened his eyes to the endless opportunities for success in the industry.

After bonding with fellow Miami of Ohio alum Ben Erskine on JLL’s Suburban Tenant Representation team, Steven joined as Associate in 2016, focusing on companies in the North Market as well as national business development for JLL’s Build to Suit Practice Group. “It’s unbelievable how much detail goes into the build-to-suit process. Through years of experience and high-profile projects, John Musgjerd and Ben Erskine have mastered all the moving parts,” said Spinell.

Steven Spinell

Typical day: I’ve transitioned from a team support role to being the boots-on-the-ground guy. I focus on business development, primarily in the North Market under Dan McCarthy‘s guidance, as well as pursuing build-to-suit opportunities for our practice group. You’ll find me on the phones prospecting, working on financial analyses and providing transaction support.

The 411 on JLL’s Build to Suit Practice Group: Build-to-suit projects are tremendously risky and complex.… Read More

10 Top Ten Lists – 2016

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With David Letterman off the air, JLL Chicago Research is here to fill your Top Ten void. Consider this your crash course for 2016, a year-in-review of Chicago’s best moments, focused on commercial real estate, workplace, market trends and pop culture.

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Downtown Chicago Building Matrix: Your guide to cost vs. class

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Chicago’s office market has traditionally been dominated by trophy towers and high-rise construction. While there is plenty of demand for trophy space fueling the current development activity (4.3 million square feet), those buildings are not meant for every tenant. Some companies are more attracted to loft spaces, creative offices or repositioned assets. To help in the tenant analysis, JLL Research has created the Downtown Chicago Building Matrix – Cost vs. Class with examples in each quadrant:downtown Chicago buildingRead More

Retail Series Part 3: Getting to know Jim Harris

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Jim Harris has the opportunity to help shape a cultural icon. Senior General Manager, Retail at Navy Pier, he is part of a team that’s completely reimagining the 100-year-old historic landmark. “We don’t want to create a boardwalk atmosphere, we want to be a place where people come and interact with the landscape of the City of Chicago,” Jim says.

JLL won Navy Pier’s accounting contract in 2012, retail management in April 2015 and just won specialty leasing and brand activations. Jim came on for the first day of the management assignment and didn’t want to leave. What other property could make him the primary contact for seven boats and in close touch with Chicago’s top restauranteurs? It’s a different world than managing a mall.

Jim Harris

This holiday season: Navy Pier retailers do 75 percent of their sales between April and September, which means this time of year provides an opportunity for creative thinking. With highly attended events like upcoming “The Voice” auditions in January and the Chicago Flower & Garden Show in March, we’re giving the off-season a traffic boost ahead of a major retail transformation.… Read More

Chicago Tech Series Part 4: Getting to know Sam Kennedy

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Just call Sam Kennedy the startup whisperer. He spent four years in a dual role at the venture firm Guild Capital and running a national tech conference, Techweek. Working with early-stage tech companies from around the world in both gigs helped him recognize patterns and apply them to help run their businesses more efficiently.

After connecting with JLL brokers at tech events around the city, Sam joined the team as Vice President and Tech Practice Group Lead to elevate the way JLL interfaces with startups in the Chicago market and beyond. “At a time when I was thinking about how I might harness my network to try something new, JLL gave me the best of both worlds. The support of a Fortune 500 real estate company with the opportunity to start an entrepreneurial project,” Sam says. Let’s learn more.

Sam Kennedy enjoying the outdoors

Grays Peak in Colorado along the Continental Divide., this past summer

Typical day: I’m always on my feet, getting to know landlords and leasing agents around the city and catching up with entrepreneurs and tech startups. It’s my job to inform JLL’s service lines on which companies are growing. It’s about changing our internal framework and modernizing the way JLL pursues the new generation of companies out there. While that might mean less cold calling, the business is still very relationship-based with authentic connections being made online and in-person. Data is also more widely available than ever, which makes us differentiate by thinking through the personality of a company and how they can interpret existing data to make strategic decisions.… Read More

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

Chicago Tech Series Part 3: Consider coworking

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One of the Chicago tech scene’s biggest challenges has been competing with the coastal cities for venture capital funding. Local Investors place a stronger emphasis on business fundamentals and startups have to stretch their resources to thrive.

The increasing office rents in tech-favorable submarkets driven by the industry’s appetite for creative office space mean tech firms in Chicago must be more efficient with the investment capital. Here’s why coworking could be the answer.

Welcome to the sharing economy

Consider coworking

The notion of sharing is catching on globally. From sharing major life snapshots on Instagram to daily updates on Twitter, sharing was bound to infiltrate the workplace. Across several sectors, the sharing economy is transforming how people view the ownership and leasing of spaces and services.… 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

Chicago Tech Series Part 2: Building a technology enabled workplace

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A new workplace paradigm emerged over the past 10 years, shifting focus to design elements such as open plan layouts, space density and construction. Subsequently another workplace component, technology, has evolved from a behind-the-scenes role to a crucial element of the business, its operations and its office space.

For companies to maximize the productivity of their employees and their space, they need to understand the required components of a fully integrated technology enabled workplace. We’ve outlined the five key components in the presentation below:

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Project Profile: Arnstein & Lehr

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Today’s law firms need to upgrade their space to stay competitive and attract top talent, but lower vacancy and higher-priced new construction are creating substantial upward rent pressure.

Second-generation law firm offices coming to market in 2017 present significant opportunity. Firms willing to consider these spaces will have great options with reduced out-of-pocket firm capital.

Take a look at JLL client Arnstein & Lehr’s story below, where leveraging a unique sublease is leading to major office upgrades:… Read More

4 investment trends facing Chicago and beyond

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“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 Chairman Sheila Penrose named to Crain’s 100 Most Connected List

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JLL Chairman Sheila PenroseCrain’s Chicago Business, in partnership with RelSci, recently announced its list of the 100 most connected Chicago business people. We’re proud that JLL Chairman Sheila Penrose ranked 11th on that list, and caught up with her to learn more about who she connects with and why.… Read More

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