Tag Archives: infrastructure

Top 10: Finding quality labor during a workforce shortage

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At a recent NAIOP Chicago event, the topic wasn’t real estate; it was labor. February saw the highest monthly level of job creation since mid-2016 and unemployment sits at just 4.1 percent as skilled talent becomes increasingly difficult to recruit and retain.

labor

JLL’s Meredith O’Connor and Keith Stauber

“Job growth continues rapidly even with talent shortages and employment occurring faster than the labor force can expand,” said JLL Managing Director Keith Stauber, moderator. “These trends also mirror consumer confidence, which has been at its highest levels since 2000.”

Greater competition for labor has pushed occupiers to look at long-term workforce productivity and sustainability (including metrics like net migration and population growth) rather than short term affordability.

The NAIOP panel of experts featured JLL International Director Meredith O’Connor, Co-Chairman of JLL’s Headquarters Practice Group and a Business and Economic Incentives lead. Her top 10 takeaways:… Read More

Top 10: Trump’s unexpected impact on suburban Chicago real estate

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TrumpOur Suburban Tenant Representation team recently hosted a webinar exploring how President Trump’s policy changes could impact suburban Chicago real estate.

“With vacancy near 10-year lows, strong tenant demand and robust investment activity, the suburbs continue to be a value story with as much as a $20 per square foot rent differential compared with downtown,” said JLL International Director Andrea Van Gelder.

As the new administration takes shape, the suburban market and its well-balanced economy could be affected in good, bad and surprising ways.… 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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