Tag Archives: employment

Jobs announcements impact Indianapolis office market

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There have been a flurry of new job announcements over the last 18 months. This is encouraging news for the city of Indianapolis. Nearly half have occurred this year and eight alone since April. While these new jobs will obviously impact the local labor market, we wondered how this would impact the Indianapolis office real estate market? Read on and download the special report for more insight.… Read More

It’s Getting Crowded: Influx of Foreign Investment Causing US Investors to Look Inland

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Inland cities versus coastal hubs

Kevin Gillihan
Vice President

Recent trends have revealed that inland cities are competing with traditional coastal hubs for real estate investor dollars.
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Currently, two out of every five dollars being invested in primary US skylines comes from foreign… Read More

JLL Welcomes Dan Connors

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We are pblog_Connors_Danleased to announce that Dan Connors has joined JLL as part of our Midwest Healthcare team as Associate Broker. Dan is responsible for increasing the firm’s healthcare business throughout Indiana while expanding his practice to include Biosciences and continuing to advise his current healthcare clients.

Dan previously worked for CBRE where he was a member of the Health Care Services Group specializing in the… Read More

Driver Shortage Continues to Loom

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By Matt Dickerson
Senior Vice President
JLL Indianapolis

The ongoing driver shortage remains a looming threat to the national supply chain. In the aftermath of the much published West Coast Port work stoppage (http://www.dcvelocity.com/articles/20150413-transportation-logistics-leaders-to-brainstorm-ideas-to-clear-congested-ports/) the nations shipping lines are still dealing with a growing driver shortage. The ongoing driver shortage can be measured by updated data on driver turnover rates… Read More

Call Center Opportunity in Fishers

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visionary

With more than 60,000 call center employees region wide, Greater Indianapolis is well known as one of the nation’s top markets for inbound and outbound “contact center” facilities.

At&T, Charles Schwab, Roche, Lockheed Martin, Brightpoint and Liberty Mutual are just a few of the many companies with major call center operations in the nine-county region.

Now, companies looking to establish… Read More

The Tech Labor Shortage and Talent Gap

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With a limited number of H-1B visas available annually, and the tech talent pool in peak demand, companies are fighting to attract these young professionals.

Download our new JLL Research report on this trend for a deeper look into:

  • How the rising share of STEM degrees obtained by foreigners impacts the industry
  • Why H-1B visa regulations are creating challenges for the industry
  • How location continues
  • Read More

The Effects of The Great Recession on the Indianapolis Office Market

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By John Robinson
Managing Director
Jones Lang LaSalle Indianapolis

Supply is DOWN

Historically, the Indianapolis suburban office market has added an average of 600,000 SF of new construction every year.  Prior to 2013, the last spec building, Lake Pointe Five, was delivered in August, 2008. Indianapolis used to have 4-5 local, very capable and willing developers (Duke, Lauth, Browning Investments, etc.) competing for sites and deals. Like all developers in 2008, they delivered office buildings thinking… Read More

Indianapolis Employment Update

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  • The U.S. unemployment rate is 7.3 percent and employment has grown by 1.6 percent over the past 12 months.
  • Indianapolis unemployment is 7.5 percent, well below the state’s unemployment rate of 8.4 percent, and the 12-month job growth is 1.9 percent.
  • Of the 17,900 new jobs that have been created in Indianapolis in the past 12 months, 26.3 percent
  • Read More

Economic growth and its Effect on Class-B Landlords

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By Jimmy Clark
Jones Lang LaSalle

With the first quarter of 2013 now behind us, the Federal Reserve recently announced its belief that the economy has returned to a moderate growth mode.

The Fed believes the unemployment rate could drop to 7.3 percent by the end of 2013, signifying a stronger sentiment in job growth than previously thought. Furthermore,… Read More