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Industrial development is driving economic prosperity in the Winter Haven-Lakeland area, where there is a strong 0.99 correlation between growth in industrial inventory and wages. Over 2.5 million square feet of new industrial space is slated for development in the next two years, which should further increase wages. Several major industrial projects, including a new $100 million Amazon air cargo facility, are expected to create over 1,000 new jobs through 2021.
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US Technology Outlook | Minneapolis | JLL | 2016
The Minneapolis-St. Paul metro has a unique mix of technological innovation across very diverse industries, including life sciences, retail, and food. Meanwhile, national VC firms have been branching outside of medical devices (MSP’s traditionally strongest tech cluster) when seeking investment opportunities, including local solar panel manufacturers and “Internet of Things” apps. As awareness of MSP’s highly-productive tech economy grows, new occupiers (particularly from more costly real estate markets) will continue to enter the market either via acquisitions or strategic expansion into the Midwest.
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While the metro may be experiencing some short-term fluctuations in employment levels, the long-term prospects for Pittsburgh remain among the brightest in the Great Lakes region based on the metro’s diverse economic base.
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Minneapolis-St. Paul’s unemployment rose to 3.9 percent, according to the most recent estimates available from the BLS. Although still 100 basis points lower than the national rate, this month is the first time since July 2015 that the metro unemployment rate is higher than the state of Minnesota’s.
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Tech companies continue to drive growth in Austin's tight office market. Net absorption was 528,811 SF in Q2 2019 despite increasing vacancy. Rents rose to $35.74/SF citywide with several submarkets exceeding $50/SF. New supply is under construction but largely pre-leased, indicating demand will remain strong through 2020 barring economic slowdowns.
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The document summarizes economic indicators for Northeast Ohio in Q4 2010. It reports that the region saw improvements over Q4 2009, with manufacturing jobs up almost 10,000 and service sector jobs up 6,000. Unemployment claims and rates decreased from the previous year. John Kasich was elected governor of Ohio and plans to establish JobsOhio to promote economic development. Several development projects were also announced in the region.
DCR Trendline December 2013 – Contingent Worker Forecast and Supply Report
Welcome to the final month of 2013! The staff at TrendLine is pleased to be wrapping up our first full year of publication. It’s been an exciting year in the world of the contingent workforce. In our last issue of 2013 we once again provide you with key insights into the temporary staffing industry. Our thorough research into pivotal trends and current events, along with our in-depth analysis of contingent worker supply and demand, is designed to give you a pulse of the market.
Inside This Issue:
- DCR National Temp Wage Index
- Post Shutdown Impact and Recovery
- OSHA Asked to Further Improve Temp Worker Protections
- TrendLine in 2013
- A Look Back at 2013: Sector By Sector
Mercer Capital's Value Focus: Construction and Building Materials | Q3 2018 |...
Mercer Capital's Construction Industry newsletter provides a broad range of specialized valuation and transaction advisory services to the construction industry, including residential, commercial, civil, paving, concrete, and more. Each issue includes a segment focus, market overview, mergers and acquisitions review, and more.
Agriculture and Manufacturing
Agriculture is the largest employment sector in Bangladesh, comprising 47% of the labor force and 16% of GDP. Rice, jute, and wheat are the primary crops. About 75% of Bangladeshis live in rural areas and earn their living from agriculture. Some problems facing Bangladeshi agriculture include decreasing available land, natural calamities, climate change, overuse of fertilizers, lack of credit for farmers, and unfair crop prices. Manufacturing contributes 14.23% to GDP and employs 41% of the labor force. Bangladesh aims to accelerate manufacturing growth to further economic transformation, growth, and poverty reduction. Spatial imbalances exist in industrial development between regions. Labor productivity measures hourly output and depends on investment, technology,
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Job quality - Canada - 2015 - Analyis and commentary
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Mercer Capital's Value Focus: Construction Industry | Q2 2015
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Oviedo - Winter Spring Market Spotlight
This document provides an office market analysis for Oviedo-Winter Springs, Florida. It includes statistics on the total inventory, average building size, largest owner, and average age of buildings in the market. A breakdown shows the top industries occupying office space, with the largest being medical, utilities, and business services. Charts depict the vacancy rate, net absorption, rental rates, and available space over 5,000 square feet in the market.
In the era of efficiency, 50k+ square foot tenants are few and far between in...
The profile of large tenants over 50,000 square feet in downtown Orlando has changed significantly in the last 15 years. In 2005, banking and financial firms dominated as major tenants, but today the market has diversified to include technology, coworking, and engineering companies. National trends of banks and law firms downsizing their real estate footprints are evident. While large tenants are now less common, the downtown area continues to thrive with many smaller tenants leasing available higher quality space and vacancy recovering from the recession.
Winter Garden Analysis
The Winter Garden, Florida office market is dominated by medical tenants, who make up 41% of the tenant base. The average tenant size is 1,706 square feet and there are 559,040 total square feet of inventory across 40 buildings. Sawruck Realty is the largest owner. There is currently 126,000 square feet under construction and 6 available spaces larger than 2,000 square feet. The average rental rate is between $10-25 per square foot and vacancy has remained between 5-15% in recent years.
Winter Garden Office Analysis
This document provides an analysis of the office market in Winter Garden, Florida. It finds that 41% of tenants are in the medical industry, with law firms, real estate, and business services making up most of the other tenants. The average tenant size is 1,706 square feet. There are 559,040 total square feet across 40 buildings, with an average building size of 13,635 square feet. Sawruck Realty is the largest owner. Vacancy rates have declined in recent years as net absorption has been positive, though 126,000 square feet are currently under construction. Six available spaces larger than 2,000 square feet are identified.
The effect of new construction on rents in Orlando’s most active submarket fo...
Rents in an Orlando suburban submarket have increased by about 10% in the last year due primarily to the delivery of a new development called The Edison at Primera Phase I, with Phase II currently under construction. The Phase II development will add over 100,000 square feet of new space, representing 25.3% of current direct availability in the submarket. Asking rents for the new development are about 35% higher than other properties in the market, pushing the weighted average rent around 8.8% higher overall compared to without the new building. Existing properties have also seen rent growth on their own in addition to the impact of the new construction.
Average office rents downtown have exploded, but what does it really mean?
Average office rents in downtown Tampa skyrocketed 17.9% in Q3 2019, making it the 8th most expensive submarket in Florida. This growth was largely due to new construction projects, the first in over 20 years, which command 15-40% higher rents than existing Class A buildings. With over 700,000 square feet available in these new projects, accounting for 60% of the CBD's total availability, they have profoundly impacted overall average rents, though rents in existing buildings have also increased by 9.8% year-over-year to a new high.
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Industrial development driving prosperity in a market where the pipeline has ...
Industrial development is driving economic prosperity in the Winter Haven-Lakeland area, where there is a strong 0.99 correlation between growth in industrial inventory and wages. Over 2.5 million square feet of new industrial space is slated for development in the next two years, which should support continued wage growth. The area has seen significant economic expansion over the last 20 years, with total GDP growing 37.7%, population up 50.2%, and industrial sector jobs increasing 18%. Amazon's new $100 million air cargo facility alone will create 800-1000 jobs starting in July 2020.
Sanford Office Market
The document provides an analysis of the office market in Sanford, Florida. It summarizes that manufacturing makes up 52% of tenants, followed by medical at 16% and personal services at 11%. The average tenant size is 6,752 square feet. There are a total of 725,833 square feet of inventory across 51 buildings, with an average building size of 14,232 square feet. Vacancy rates have fluctuated between 2-14% from 2009-2018, while average rental rates have increased from around $10 to nearly $18 per square foot in the same time period. Six office spaces are currently available, ranging from 2,000 to 7,500 square feet.
Jacksonville senior population growth
The document discusses how Jacksonville, Florida's senior population is expected to significantly grow over the next 25 years, increasing 166% compared to a 54% growth rate for the total population. This growth is driven by the aging baby boomer generation. In anticipation of this trend, 365,000 square feet of new medical office space is currently under construction in Jacksonville by developers like Toll Brothers to position for the needs of the growing senior demographic.
Jacksonville senior population growth
The senior population in Jacksonville, Florida is expected to grow significantly over the next 25 years as baby boomers age, increasing by 166% compared to a 54% growth rate for the total population. With 365,000 square feet of new medical office space currently under construction, developers are preparing for the needs of the growing senior demographic by positioning medical real estate in the Jacksonville area.
Housing Starts in Florida
Development volume in Florida's housing market has increased significantly since the Great Recession but remains below early 2000s levels due to more cautious risk-taking by developers. Housing demand is driven by Florida's status as the 5th fastest growing state, with 63% of the population concentrated in 4 major metro areas - Tampa, Jacksonville, South Florida, and Orlando - that have experienced 15% population growth since 2009. The report analyzes current housing starts and population trends in Florida.
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In the era of efficiency, 50k+ square foot tenants are few and far between in...
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一比一原版美国乔治城大学毕业证如何办理
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“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
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Polk county cow
- 1. © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. For more information, contact: Snapshot Industrial development driving prosperity in a market where the pipeline has only grown Source: JLL Research, Oxford Economics Jacob Attaway | Jacob.Attaway@am.jll.com • Industrial occupations account for about 15% of total employment at 34,786 jobs across sectors such as manufacturing, utilities, transportation and warehousing in the Winter Haven-Lakeland MSA area. Therefore, it is no wonder that wage and industrial inventory growth share staggering similarities across the last 18 years and into the future. With a 0.99 positive correlation coefficient between these two metrics, the relationship is undeniable. • With this in mind, the 2.5 million square feet slated to deliver by Wharton, Brennan, Transwestern and others over the next two years should serve as an encouraging signal that wages will continue to climb. • Over the same 20 year period, total real GDP will grow by 37.7 percent , total population will grow by 50.2 percent and jobs in industrial sectors will grow by 18.0 percent. • Amazon’s new $100.0 million Air Cargo facility at Lakeland Linder International Airport is, on its own, expected to bring 800 to 1,000 jobs to the area starting July, 2020. November 7th, 2019 Polk County 20,000,000 25,000,000 30,000,000 35,000,000 40,000,000 45,000,000 50,000,000 55,000,000 60,000,000 65,000,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $200.00 $300.00 $400.00 $500.00 $600.00 $700.00 $800.00 $900.00 $1,000.00 Industrial Inventory Weekly Wages Forecasted