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… 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… 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… 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… Read More
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
Within Los Angeles, Venice leads the pack with $17,351 per capital spent on retail annually.
We could expect increases in per capital spending on retail goods in downtown as retailers continue to flock to the area.
For more information contact Kevin Carroll
Visit the JLL Los Angeles Research webpage for additional market insight.Source: JLL Researchand ESRI Business Analyst Online
Between July 2015 and July 2016, total nonfarm employment in Los Angeles County increased by 75,900 jobs, or 1.8 percent.
Health care and social assistance expanded payrolls by 21,800 and helped drive up employment in educational and
health services (up 30,800) for the largest year-over increase.
Professional and business services added 15,300 jobs.… Read More
There is a growing presence of online-based retailers and logistics companies providing same-day or next-day delivery service to consumers which is affecting the Los Angeles industrial market.
The logistics and distribution sector accounted for 39.4 percent of the top 25 leases during… 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