Content related to ‘JLL’
In new research, JLL acknowledges the challenge to ensure critical global compliance goals across multiple dimensions are achieved.
Southeast Financial Center in of Miami’s Central Business District recently received Gold Wired Certification under Wired Score, a rating system that recognizes buildings for internet connectivity, infrastructure, and readiness to improve. Built in 1984, the building totals 1.225 million SF, and it is the first in the State of Florida to receive this recognition for the technology and connectivity available to tenants. Southeast Financial Center, Miami, FL Located at 200 South Biscayne Boulevard, Southeast Financial Center is comprised of two buildings: a 55-story Class A Office Tower distinguished and a 15 story Annex Building which houses the popular DavidBartonGym and 1,200 parking spaces. Wired Score was launched in 2013 as WiredNYC by the then Mayor Michael Bloomberg’s administration in partnership with New York City Economic Development Corp. In April 2015, the program has expanded Wired Certification service to office property owners, asset managers and leasing agents in cities nationwide, including Boston, Chicago, Miami, Washington, DC, and San Francisco. J.P. Morgan Asset Management — Global Real Assets owns the property on behalf of institutional investors. Amanda Voetsch, executive director with the firm, said, “As Miami continues its urban renaissance, the office space requirements of its tenants have also evolved. Tenants are requiring more sophisticated programming and amenities focused on technology and sustainability. These latest accolades position Southeast Financial Center at the forefront of this movement, and we are by no means finished with our improvement efforts.” Sean McNamara, general manager with JLL, the building’s leasing and property management team, said “J.P. Morgan Asset Management – Global Real Assets has invested more than $20.5 million on capital improvements at Southeast Financial Center since its clients acquired the building 100 percent in late 2008. The enhancements were chosen and implemented to allow the property to stand out as a leader in the market. We look forward to continuing to work with ownership to set the benchmark for class A office space in Miami.” Capital improvements at the property contributing to the Wired Certification include: Multiple carrier sources of high-speed fiber optic broadband connectivity Multiple riser pathways to support tenant diversity requirements and allow for connections from independent locations Public Wi-Fi in common areas to enhance access to connectivity throughout the building Telecom equipment located above grade to prevent damages from flooding First responder disaster and recovery system in place to enhance safety and security “Internet connectivity has become a critical need for businesses to operate on a day-to-day basis and is a top priority for businesses seeking new office space,” said Arie Barendrecht, CEO and co-founder of WiredScore. “We applaud… …Read More…
By David Kollmorgen There’s no such thing as “TMI” when comparing corporate facilities. Information is power, when seeking business productivity. Executives are increasingly looking at facilities in a company’s portfolio to determine: Which are the most productive? What features do they share? What factors are a drag on productivity? To help answer these questions, the more layers of facilities data, the better. The pressure for business intelligenceHow does competition for employees affect turnover for our facilities in Seattle versus San Diego? Which sites generate the most revenue? According to JLL’s 2015 Global Corporate Real Estate biennial survey and report, 61% of corporate real estate (CRE) executives report pressure to improve the productivity of their physical real estate assets. How? Advances in data analytics and geo-spatial mapping enable a company to compare every factor that affects productivity in its facilities. credit: opensource.com via Flickr Cloud computing now powers market and regional intelligence in to easy-to-digest maps with real-time data. Customizable intelligence tools can visually integrate any data point that may be meaningful to compare facilities. Sophisticated data and analytics platforms can collate data into visual data patterns across even the largest CRE portfolios with interactive maps and charts. Going beyond the basics Today’s tools can be used to combine traditional, tangible factors like real estate and labor costs, infrastructure, and business taxes with visual overlays of “soft” quality of life measures like access to public transit, gyms, restaurants, or bike paths that appeal to Millennials. Spatial mapping can also integrate data from public sources, such as census data, and third parties, such Facebook posts or other unstructured big data that reveal how particular nuances make one facility more productive than another today or in the future. Adding micro-level fundamentals alongside macro-level social, economic, and political data brings to light all connected data points. Analytics tools can generate a statistical picture of every site in a portfolio, allowing for benchmarking and comparisons for indicators from revenue per square foot to employee satisfaction scores. Taking visualization a step further, predictive modeling can be used to predict future outcomes for various scenarios, such as projected financial implications for potential natural disasters or pending infrastructure or location changes. These dynamic geo-spatial intelligence insights can play a critical role in corporate strategy by pinpointing where competitive advantage can be gained when lowering operating costs, unlocking access to talent, and other productivity factors. Interest in analytics on the rise Does Site A offer better access to transit, while Site B has lower rents? Do lower rents for our… …Read More…
Credit: JLL The shortage of real estate and workplace-focused data scientists is becoming a major concern for corporate real estate (CRE) departments, according to JLL research. CRE departments are not only competing with each other, they are facing competition with the tech industry and start-ups, competitors, service providers and even other departments within their own companies. In the last five years, CRE leaders have become fierce competitors in the battle for technology talent. C-suite leaders now recognize that data and analytics are pivotal for creating strategic workplaces. And they are demanding data, metrics and predictive scenarios from corporate real estate experts that inform financial, operational, recruiting and employee satisfaction goals. “To exceed C-suite expectations, CRE teams must become more adept at using data and analytics to fully capture, understand and interpret the information within their own real estate portfolios,” says John Forrest, JLL’s CEO of Corporate Solutions, Americas. “New analytics platforms provide the infrastructure but it’s also essential to hire the right people who can interpret the data and bring meaningful insights to business leaders.” CRE Departments Feeling The Crunch “Even the best data in the world still needs to be brought to life, interpreted by trained, capable professionals,” said Richard Brown, Head of Business Intelligence at JLL. “Robust data with strong governance is the beginning. Powerful visualizations and analytics bring the pieces of the puzzle together.” According to a new JLL report based on a Forrester Consulting study, corporate real estate teams recognize that they are severely under-staffed. This remains true regardless of industry or company size. Only 28 percent of CRE executives describe their company’s use of data analytics as “data-centric,” but a sizable 56 percent expect their companies to become data-centric in the next three years. “The corporate real estate industry has a lot of hiring to do,” said Forrest. “Some CRE teams are creating in-house departments with people offering data and analytics skills to perform the data scientist function. Others look outward, and expect their outsourced real estate service providers to deliver both expertise and technology.” To meet this growing need, JLL recently introduced its leading real estate data and analytics platform RED. The new platform brings together master data governance, knowledge management, business intelligence and advanced analytics, underpinned by cutting-edge technologies and tools. The platform was designed to dramatically improve data-driven decision making and give clients the power to turn real-time real estate and workplace data into timely and meaningful business insights. Related articles across the web Other posts by Real Street Tech NOTE:This is a summary of… …Read More…
Investing in workplace well-being supports productivity. So why do so many companies make it difficult for employees to concentrate with workplaces that are too hot, too cold, too loud, or too confining?
With the Environmental Defense Fund (EDF) Fellows Program, facility leaders execute operational improvements as part of Retrofit Chicago.
It’s time for an ADA compliance check as the law’s 25th anniversary arrives.
Millennials identify working with advanced technology and getting exposure to innovation as key factors they look for when choosing a career. Facility management might provide just the right mix of challenges.
Acquisition of project management company will help to meet the needs of healthcare facilities with expanded, specialized services.
JLL commissioned an independent study in March, 2014, probing the views of more than 200 millennials who hold professional jobs or who are still in college. The study shows there are positive impressions of FM careers when those working were exposed to several different job titles.