Los 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
There are currently 14 projects totaling 2.4 million square feet of office space under construction in the greater Los Angeles market.
The bulk of these projects are expected to deliver in 2017, with one project spilling over to 2018.
Despite the large amount of square footage expected to… Read More
Approximately $298 billion worth of commercial real estate loans are scheduled to mature in 2017, up from $263 billion in 2016.
CMBS totals are expected to reach $126 billion in 2017, up significantly as 10-year loans issued in 2006 and 2007 are coming due. CMBS delinquency rates have increased to 5.03 percent.
The… Read More
Coming off a historically high quarter for venture capital funding, the Los Angeles area saw an 86.0 percent drop in capital, down to $231.5 million.
Despite the quarter over-quarter decline, Los Angeles still ranked 6th in the nation for total funding amounts in Q3.
25 Los Angeles-based technology… Read More
The past eight years have been filled with economic ups and downs, but in recent years, success has trounced challenges. GDP has grown by 15.4 percent since 2009, while 15.3 million jobs have been created since 2010 with job creation present for the… Read More
What does a former aircraft hangar, automotive plant and produce distribution facility have in common? They are all being re-invented as creative office and leased to high-profile tenants.
Thursday, October 6, 2016 marked the Building Owners and Managers Association’s 31st annual TOBY (The Outstanding Building of the Year) awards ceremony. The JLL team from 1 Cal Plaza, owned by Beacon Capital Partners, submitted their property for the last category of the night, the TOBY for “Over 1 Million Square feet”. As the time came for the final winner to be announced the entire 1Cal team, including Group Manager and Vice President, Peter Anastassiou, and Associate… Read More
Between August 2015 and August 2016, total nonfarm employment in Los Angeles County grew by 73,900 jobs, or 1.7%.
Educational and health services reported the largest year-over payroll increase, adding 22,800 jobs. This growth was divided between health care and social assistance (up 21,500) and educational services (up 1,300).
Professional and… Read More
Nominees for the second annual Will Rogers Awards were announced on Thursday, September 15 in Beverly Hills at a reception at Via Alloro Restaurant.
We’re pleased to announce JLL’s Senior Vice President Houman Mahboubi was nominated for Realtor of the Year, along with Brooke Knapp, Michael Libow, Stan Richcman and Gregg… Read More
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