Tom McDonald is an Executive Vice President based in JLL’s downtown Los Angeles office. As an industry professional with 38 years of experience, his primary area of business is advising law firms on how to drive their profitability by designing and implementing real estate strategies that compliment and support their unique operating models.
Evan Moran is an Associate broker based in JLL’s West Los Angeles office. His primary areas of focus are tenant representation, while dabbling in the agency side of our business as well.
Working in conjunction with a collaborative team, Evan represents several law firms, and financial firms in Century City, Westwood, and Beverly Hills. On the agency side, he works with his team to lease a creative office campus in El Segundo.
Downtown LA has long enjoyed a decent concentration of law firms, but interest is growing dramatically—simultaneous with the submarket’s vibrant full-time population boom.
So far in this video series, we’ve learned what’s essential to thriving in DTLA (aka, one of the most interesting office markets in the region), and how the area represents an opportunity to do “more with less.” In the final installment of the series, Jordan Gaffney explains the unique role that community… Read More
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.
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.
While nothing will replace the traditional real estate cliché that it’s all about location, location, location, today law firm’s real estate also needs to be about flexibility, flexibility, flexibility.
Corporations and law firms that make 10 to 15 year plans for their office space needs often find that… Read More
We are happy to recognize and award our top performing brokers in Los Angeles for 2014.
“JLL is extremely proud of our top Los Angeles brokers for their dedication to our clients in providing superior service and market guidance,” said Peter Belisle, JLL Southwest Market Director. “Each of these brokers has demonstrated the importance of understanding the needs of our clients, creative solutions and always striving to be the best in the market.”
… Read More
Law firms face more supply constraints than companies in nearly any other industry. Why? Law firms typically target premium, Class A space in central locations—the tightest segment of U.S. office markets. With fewer space options, your firm may find itself battling with competitors not only for clients—but for desired space as well. Notwithstanding these challenges, our 2014 Law Firm Perspective identifies several trends that law firms are using to optimize costs.
Are you a leader in the legal field? Before making a decision about your law firm’s real estate, make sure you’re in the loop on the latest industry trends.
From office layout to city preference, the legal landscape is shifting. Below are a few top trends to consider before structuring your own real estate strategy.
- Budget Allocation: Most U.S. markets are moving in favor of landlords. Rents continue to increase, and available space will continue to … Read More
JLL was recently named as one of the 2014 Best Places to Work in Los Angeles. The awards program was created in 2007 and is a project of the Los Angeles Business Journal and Best Companies Group.
This county-wide survey and awards program was designed to identify, recognize and honor the best places of employment in Los Angeles, benefiting the county’s economy, its workforce and businesses.
To be considered… Read More