Category Archives: Los Angeles

Foreign ownership concentrated on the Westside and Downtown Los Angeles

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Foreign ownership in westside and downtown los angeles'

Over the last five years, foreign buyers have acquired over $9.7 billion of office product in Los Angeles. The Westside and Downtown CBD markets have been primary recipients of international capital. Higher… Read More

Getting to know Tom McDonald

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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.

Pop-up stores: a sign of online retailers moving into brick-and-mortar

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JLL’s national research team has found that pop-up stores, which last from several days to several months, are often the first sign of online-retailers looking to lease longer term space.

pop-up stores; online retailers; brick-and-mortar

This trend is visible in Los Angeles as it has the second highest amount… Read More

Venture capital invested in existing and maturing start-ups in Q3

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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.

VC investment in tech start-ups

Despite the quarter over-quarter decline, Los Angeles still ranked 6th in the nation for total funding amounts in Q3.

25… Read More

Countdown to election 2016

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20+ candidates, 22+ months of campaigning, 24 televised debates/ town halls and more than $1 billion spent and we are down to the last five days of the 2016 election cycle.

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… Read More

The rise of creative conversions in Los Angeles

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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.

LA’s 1Cal team wins big at TOBY awards

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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

Getting to know Evan Moran

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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.

Los Angeles home ownership declining

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Los Angeles home ownership declining

The Los Angeles metropolitan area has one of the lowest home ownership rates in California at 46.5 percent and well below the 62.9 percent U.S. national average.

Rising home prices and the Millennial generation’s preference to rent… Read More

Los Angeles office employment update | September 2016

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Between August 2015 and August 2016, total nonfarm employment in Los Angeles County grew by 73,900 jobs, or 1.7%.

Los Angeles office employment

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