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Category Archives: Agency Leasing

Top Life Sciences Destination Trends in 2017

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Running a life sciences company today is a complex business—meeting the needs and demands of top talent while navigating an uncertain healthcare legislative landscape amidst rising costs. Despite the many challenges and costs pervading the industry, one thing is for certain—retaining talent is the top priority, and companies are prioritizing the wellbeing of… Read More

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Categories: Agency Leasing, Capital Markets, Development, Healthcare, Investor news & Trends, JLL Research and tagged , , , , , , , , .

Los Angeles coworking locations concentrated in high-rent submarkets

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Los Angeles coworking inventoryLos Angeles ranks third in the U.S. in terms of total inventory occupied by coworking companies. Most LA coworking companies are concentrated in tech-dense and venture-capital rich Westside submarkets, which command the highest rents. Shared workspace operators in LA have also been drawn to Downtown’s urban vibe… Read More

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Categories: Agency Leasing, Chart of the Week, Commercial, Downtown Los Angeles, Los Angeles, Office, Research, Technology, Tenant Representation, West Los Angeles, Workplace and tagged , , , , .

Getting to know Hayley English Blockley

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Hayley English Blockley is a Senior Vice President based in JLL’s Downtown Los Angeles office. Her focus is agency leasing and she dabbles in tenant representation. Her expertise is in creative, media and entertainment-related real estate. Along with her team, she represents two private studio lots, adaptive-reuse creative office buildings, historic and new office construction from Playa Vista to Warner Center. Her team recently completed leasing The Reserve in Playa Vista (where TMZ shoots 5… Read More

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Categories: Agency Leasing, Commercial, Creative, Downtown Los Angeles, Entertainment and Media, Los Angeles, Office, West Los Angeles and tagged , , , , , , .

Big Box tenants snap up Inland Empire East’s expanding inventory

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Inland Empire East’s growing inventory has started to level the playing field between the two submarkets. Construction completions in the East account for 40 percent of the total inventory base for buildings 100,000 square feet and above.

cow_bigbox_inlandempire

Leasing activity remains strong with 9.1 million square feet in year-to-date transactions.

Year-to-date absorption for… Read More

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Categories: Agency Leasing, Chart of the Week, Commercial, Development, Industrial and Logistics, Inland Empire, Research, Tenant Representation and tagged , , , , , .

Highlighting our Southwest Skyline

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From coast to coast, our city skylines are a source of pride and community. It’s not surprising that top-tier office buildings in our urban cores continue to report lower vacancies, higher rents and more developer interest.

The anticipated Skyline Review is back, and more advanced than ever before.

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In case you missed it in… Read More

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Categories: Agency Leasing, Capital Markets, Commercial, Development, Downtown Los Angeles, Los Angeles, Office, Research, West Los Angeles and tagged , , , , , .

Full floors dwindle as tenants migrate to and expand within Century City

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Full-floor availability continues to decline as tenants both expand and migrate into Los Angeles’ largest cluster of trophy assets outside of the CBD.

Shrinking availability has led to improved fundamentals; vacancy has declined 50 basis points year over year, and rental rates have increased by 6.2 percent. COW_los-angeles-June6 2016

For more information contact Devon Parry

Visit the JLL Los Angeles Research webpage for additional market insight.… Read More

Source: JLL Research
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Categories: Agency Leasing, Chart of the Week, Commercial, Entertainment and Media, Los Angeles, Office, Research, Tenant Representation, West Los Angeles and tagged , , , .

Tenant migration is helping to chip away at Downtown CBD vacancy

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Downtown vacancy has decreased to 16.6 percent from 19.1 percent since 2013, driven by robust tenant migration, countervailing light demand from existing legal and financial services tenants, which continue to seek efficiency and have been cautious to take on additional space.

Downtown’s expanding residential, retail and entertainment base has helped attract companies from outside the CBD, including creative tenants.

Tenant migration will drive Downtown’s evolution by broadening the tenant base across sectors and will lessen the… Read More

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Categories: Agency Leasing, Chart of the Week, Commercial, Downtown Los Angeles, Economics, Entertainment and Media, Los Angeles, Office, Research, Tenant Representation and tagged , , , , , , , .

El Segundo establishes its position with creative tenants

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COW_LA_2May2016

Creative redevelopments outperform traditional Class A office in El Segundo and command an 18% rental premium. Creative El Segundo space is 35% less than similar products in Playa Vista and 54% less than Santa Monica.

Tenants such as JustFab, DaVita, Sanrio, Kite Pharma, Bandai Games, Nativo and L’Oreal have helped cement… Read More

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Categories: Agency Leasing, Chart of the Week, Commercial, Creative, Development, Entertainment and Media, Los Angeles, Office, Research, South Bay, Technology, Tenant Representation, West Los Angeles, Workplace and tagged , , , , , .

What’s up with Los Angeles’ retail redevelopment boom?

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Multiple large shopping centers, totaling over 3.6 million square feet of retail are currently getting multi-million dollar makeovers to give updated looks to outdated malls.

COW_Los Angeles_retail_April 18 2016

 

Owners are capitalizing on the evolving behaviors of shoppers (and on LA’s weather) by focusing on the visitors’ experience and adding high-end restaurants,… Read More

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Categories: Agency Leasing, Capital Markets, Chart of the Week, Commercial, Development, Downtown Los Angeles, Los Angeles, Research, Retail, Tenant Representation, West Los Angeles and tagged , , , , , , , .

Creative industries account for majority of leasing demand – Los Angeles Q1 2016

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LA_OfficeInsight_Q12016

Click image to download report

Large consolidation paves way for higher rents 
Douglas Emmett, along with QIA (Qatar Investment Authority), an 80 percent partner, purchased the four-building EOP/Blackstone-Westwood portfolio. The estimated purchase price was $1.3 billion with a 3.7 percent cap rate. The buyer, Douglas Emmett, already owned two properties, previously… Read More

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Categories: Agency Leasing, Capital Markets, Commercial, Creative, Economics, Entertainment and Media, Los Angeles, Office, Research, Tenant Representation, West Los Angeles and tagged , , , , , , , , , , .