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.
Leasing activity remains strong with 9.1 million square feet in year-to-date… Read More
The Los Angeles technology sector has seen extensive growth in recent years, and continues to be the catalyst for economic expansion. While the market is still seeing the southward migration of Silicon Valley giants, home-grown technology startups have flourished and are contributing to the industry’s local expansion. As media and technology… Read More
The Los Angeles tech sector continues to expand, ranking on multiple national growth indices, including ranking 7th in employment count, 10th in technology wages, and 2nd for venture capital investment in the most recent quarter.
While VC funding is slowing in some key tech markets across the country,… Read More
The decision to make an office move is an exciting time, filled with opportunities to reinvent, reset and renew. At the same time, the site selection process can be overwhelming. There are several factors at play, including neighborhood, space size, layout potential, availability of sophisticated technology, proximity to amenities, parking and public transportation.
Industrial construction volumes remain high as small box development accelerates with 16.3 million square feet of year-to-date deliveries. Vacancy rates continue to fall given current tenant demand and availabilities in the market.
Year-to-date absorption totaled 12.8 million square feet for the entire market. IE East led the market… Read More
Los Angeles unemployment reached 4.3 percent in May, the lowest level in 10 years, signaling full employment. The region’s economic recovery typically lags the state and the nation, but now boasts the lowest unemployment rate.
How much further can the LA economy grow? The Los Angeles Economic Development Corporation… Read More
Do you think employee happiness is just a nice to have? Think again. Employees are a company’s most important asset, and happy employees just might mean higher profits. This USA Today article uncovered that publicly traded companies in the Fortune 100 Best Companies to Work For list have gained an average 10.8% a year since 1998. Many of the publicly traded companies named as Best Companies to Work For in 2013… Read More