{"id":1004139092,"date":"2016-03-10T06:41:50","date_gmt":"2016-03-10T14:41:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004139092"},"modified":"2020-05-11T21:27:11","modified_gmt":"2020-05-12T05:27:11","slug":"second-tier-global-cities-are-rising-stars-for-cre-investment","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/","title":{"rendered":"Second-Tier Global Cities: CRE&#8217;s New Rising Stars"},"content":{"rendered":"<p>By Scott Baltic, Contributing Editor<\/p>\n<div id=\"attachment_1004139114\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004139114\" data-attachment-id=\"1004139114\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/jll-report-cover\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover.jpg\" data-orig-size=\"800,736\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Samantha Goldberg&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1457605216&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"JLL report cover\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Photo courtesy of JLL Investment Intensity Index&lt;br \/&gt;\nMarch 2016 report&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover.jpg?w=800\" class=\"size-medium wp-image-1004139114\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover.jpg\" alt=\"Photo courtesy of JLL Investment Intensity Index March 2016 report\" width=\"300\" height=\"276\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover.jpg?resize=300,276 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover.jpg?resize=768,707 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004139114\" class=\"wp-caption-text\">Photo courtesy of JLL Investment Intensity Index<br \/>March 2016 report<\/p><\/div>\n<p>Though the world\u2019s most globalized metro areas still take an outsized slice of global CRE transactions (the top-10 cities accounted for nearly 30 percent of global investment over the last three years), over the past 10 years a rising group of 32 &#8216;New World Cities&#8217; has steadily increased its share of global real estate investment volumes, according to a <a href=\"https:\/\/www.jll.com\/research\/172\/jll-III-q4-2015\" rel=\"nofollow\" target=\"_blank\" rel=\"noopener noreferrer\">new report from JLL<\/a>.<\/p>\n<p>The latest JLL Investment Intensity Index, released last week, documents the rise of the New World Cities from a 10 percent share of global CRE investment in 2006 to more than 20 percent in 2015. The Index measures the volume of direct commercial real estate investment in a city compared to the city\u2019s economic size.<\/p>\n<p>New World Cities, per JLL, are typically small to medium-sized cities with transparent, open real estate markets, favorable infrastructure and livability platforms, and dynamic economies.<\/p>\n<p>\u201cWith pricing at near-record levels in many gateway cities, New World Cities can offer better value for investors and are establishing themselves as consistent and liquid markets,\u201d Jeremy Kelly, director of Global Research Programmes at JLL, said in a prepared statement. \u201cA broad range of investors now recognize the inherent strengths of New World Cities as dynamic clusters of business activity that offer scalable real estate investment opportunities.\u201d<\/p>\n<p>Of the top 20 cities in JLL\u2019s Investment Intensity Index, four are so-called Established World Cities: London (1st), Sydney (4th), New York (11th) and Paris (13th). The rest are all New World Cities: Oslo (2nd), Munich (3rd), Honolulu (5th), Copenhagen (6th), Auckland (7th), Frankfurt (8th), Silicon Valley (9th), Melbourne (10th), Stockholm (12th), Boston (14th), Dublin (15th), San Francisco (16th), Austin (17th), Edinburgh (18th), Brisbane (19th) and Berlin (20th).<\/p>\n<p>The perhaps surprising level of investor interest in Australasian cities (with four on the list) is being driven, according to JLL, by \u201cimproving market fundamentals, active technology sectors and attributes relating to transparency, liveability and sustainability.\u201d Strong local technology sectors also provide much of the pull for Silicon Valley, Boston, San Francisco and Austin, the report said.<\/p>\n<p>The rise of the New World Cities stands in some contrast to a recent relative decline of some Emerging World Cities, says the report. While Shanghai and Beijing continue to attract significant amounts of global capital, direct CRE investment into emerging markets overall fell by one-third in 2015 to 5.5 percent of total global volumes of $704 billion. Mexico City, Sao Paulo, Johannesburg and Moscow were among the Emerging World Cities hit by factors such as China\u2019s slowdown, lower commodity prices and the volatility of emerging market currencies.<\/p>\n<p>\u201cThis is not a \u2018flash in the pan\u2019 trend,\u201d Kelly concluded. \u201c[T]he increased investor interest in these adaptable, transparent, mid-sized markets is now a structural, rather than cyclical, feature of the real estate investment market. As the world re-calibrates in the wake of a Chinese slowdown and other economic uncertainties, we expect these cities to continue to punch above their weight as real estate investment destinations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL&#8217;s latest Investment Intensity Index reveals the rise of &#8216;New World Cities&#8217; as attractive markets for global commercial real estate investment. <\/p>\n","protected":false},"author":882,"featured_media":1004139117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[],"class_list":["post-1004139092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Second-Tier Global Cities: CRE&#039;s New Rising Stars - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Second-Tier Global Cities: CRE&#039;s New Rising Stars\" \/>\n<meta property=\"og:description\" content=\"JLL&#039;s latest Investment Intensity Index reveals the rise of &#039;New World Cities&#039; as attractive markets for global commercial real estate investment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-10T14:41:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-12T05:27:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"Second-Tier Global Cities: CRE&#8217;s New Rising Stars\",\"datePublished\":\"2016-03-10T14:41:50+00:00\",\"dateModified\":\"2020-05-12T05:27:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/\"},\"wordCount\":512,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/03\\\/JLL-report-cover1.jpg\",\"articleSection\":[\"National\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/\",\"name\":\"Second-Tier Global Cities: CRE's New Rising Stars - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/03\\\/JLL-report-cover1.jpg\",\"datePublished\":\"2016-03-10T14:41:50+00:00\",\"dateModified\":\"2020-05-12T05:27:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/03\\\/JLL-report-cover1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/03\\\/JLL-report-cover1.jpg\",\"width\":800,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/second-tier-global-cities-are-rising-stars-for-cre-investment\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Second-Tier Global Cities: CRE&#8217;s New Rising Stars\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/scott-baltic\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Second-Tier Global Cities: CRE's New Rising Stars - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/","og_locale":"en_US","og_type":"article","og_title":"Second-Tier Global Cities: CRE's New Rising Stars","og_description":"JLL's latest Investment Intensity Index reveals the rise of 'New World Cities' as attractive markets for global commercial real estate investment.","og_url":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-03-10T14:41:50+00:00","article_modified_time":"2020-05-12T05:27:11+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover1.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/"},"author":{"name":"Scott Baltic","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"headline":"Second-Tier Global Cities: CRE&#8217;s New Rising Stars","datePublished":"2016-03-10T14:41:50+00:00","dateModified":"2020-05-12T05:27:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/"},"wordCount":512,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover1.jpg","articleSection":["National","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/","url":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/","name":"Second-Tier Global Cities: CRE's New Rising Stars - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover1.jpg","datePublished":"2016-03-10T14:41:50+00:00","dateModified":"2020-05-12T05:27:11+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover1.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover1.jpg","width":800,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/second-tier-global-cities-are-rising-stars-for-cre-investment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Second-Tier Global Cities: CRE&#8217;s New Rising Stars"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/JLL-report-cover1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004139092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004139092"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004139092\/revisions"}],"predecessor-version":[{"id":1004434957,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004139092\/revisions\/1004434957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004139117"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004139092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004139092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004139092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}