Category Archives: Creative

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

0 CommentsBy

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… Read More

Media and entertainment drive first quarter leasing activity

0 CommentsBy

COW_Los Angeles_office_April 4 2016

The media and entertainment sectors accounted for over a third of all leasing activity during the first quarter. Large entertainment transactions included distributor and producer Netflix signing a 123,300 s.f. lease in Hollywood while talent agency International Creative Management (ICM) leased 108,300 s.f. in Century City.

On-location filming in Greater Los Angeles increased 1.3 percent in 2015 to 37,289 shoot days.… Read More

Where can LA law firms do more with less?

0 CommentsBy

Eastward expansion continues, for Los Angeles law firms that is. In the first installment of our series on law firm real estate trends, we learned what’s making downtown LA one of the most interesting office markets in the region. Now, Darren Eades, Executive Vice President in JLL’s LA office, reflects on why Westside firms are increasingly setting their sights East.

Darren_thumbnail for blogRead More

Downtown law firms: Plan real estate now, thrive later

1 CommentBy

Diminishing occupancy. Bold new use of space. Landlords with a habit of raising rents. LA’s central business district is on pace to become one of the most interesting arenas of all SoCal commercial real estate markets. And that, explains Tom McDonald, JLL’s Executive Vice President, spells opportunity for law firm tenants looking to optimize their real estate strategy.

Tom_thumbnail for blogRead More

Technology continues to boom in Los Angeles

0 CommentsBy

2015technologyreportIn the recently released JLL’s 2015 United States Technology Office Outlook, it was noted that technology firms and startups aren’t just exploring new U.S. markets, they’re starting to plant roots.  Over the past year, 73 percent of the sector’s office leases represented occupancy growth. According to the report, expansion for the technology industry in… Read More

Unicorns feast on venture capital in L.A.

0 CommentsBy
Click to view the chart of the week

Click to view the chart of the week

Demand for creative office space in Los Angeles is growing, fueled by a $1.2 billion influx of venture capital investment in tech companies in this creative city.

L.A. is home to no fewer… Read More

Creative build-out brings additional return to aging industrial assets

0 CommentsBy

Click on image to download reportBy utilizing the intrinsic design elements associated with industrial properties in in-fill markets, owners can unlock greater property value as tenants preferences shift towards open space, concrete floors, exposed ceilings and more natural lighting. Not to mention, there are often unique fixtures inside these facilities that create a one of a kind experience that… Read More

Dashboard: Los Angeles High Tech VC Funding

0 CommentsBy

LA_High-Tech_VC_dashboardHigh-tech investment volume continues to grow, totaling almost $1.2 billion year to date. Much of the funding concentration remains in the burgeoning neighborhoods of Silicon Beach. With $1.02 billion alone, Snapchat in Venice won the MVP award, totaling more than the next four zip codes combined. While Playa Vista has seen a wave… Read More

The historic LA Herald Examiner building to be redeveloped 25 years after closing its doors

0 CommentsBy

Renovated Building Will House Creative Office, Retail & Restaurant Space

HeraldExaminer_buildingThe Georgetown Company, a leading developer and owner of commercial properties nationwide, is partnering with the Hearst Corporation to redevelop the landmark Herald Examiner Building into a dynamic property that will include a mix of creative office space, retail and restaurants. The unique… Read More