AI is Eating the Office (Literally) [Yahoo! Finance]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: Yahoo! Finance
AI is Eating the Office (Literally) - Moby BREAKING NEWS Here's a dispatch from our wacky modern economy: Spending on data centers in the U.S. cleared spending on new offices for the first time in December of last year. Big tech's need for all that compute and storage drove $3.57 billion in data center construction through last year, compared to $3.49 billion for offices, reports Bloomberg. That trend has pushed big real estate firms like Brookfield and KKR to invest heavily in data center production, rather than paying for ad campaigns that celebrate coming into work instead than staying home in sweatpants. It's true that remote work has disrupted new office construction, as demand has slipped while the need for data centers skyrockets. Andy Cvengros, the co-lead of U.S. data center markets for the brokerage Jones Lang LaSalle told Bloomberg that because AI is automating even more white-collar jobs, the trend may “perpetuate itself.” “It's going to directly impact the amou
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News
- JLL secures $370M refinancing for Society Brooklyn in GowanusPR Newswire
- San Antonio shopping center drew more people than any other Texas retail site [Yahoo! Finance]Yahoo! Finance
- Jones Lang LaSalle (JLL) had its price target lowered by Barclays PLC from $360.00 to $355.00. They now have an "equal weight" rating on the stock.MarketBeat
- JLL introduces Accelerate 2030 Strategy and long-term Financial Targets [Yahoo! Finance]Yahoo! Finance
- JLL introduces Accelerate 2030 Strategy and long-term Financial TargetsPR Newswire
JLL
Earnings
- 2/18/26 - Beat
JLL
Sec Filings
- 3/12/26 - Form 8-K
- 3/11/26 - Form 4
- 3/10/26 - Form 144
- JLL's page on the SEC website