Category Archives: Office

Los Angeles Technology Office Outlook – Summer 2016

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la_techoutlookOpportunity

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

Office employment update | August 2016

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Between July 2015 and July 2016, total nonfarm employment in Los Angeles County increased by 75,900 jobs, or 1.8 percent.

HealtOfficeEmployment_July2016h 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

Nine steps to renew your office culture with an office move

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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.

High-tech venture capital funding dashboard – Los Angeles Q2 2016

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Based on the second quarter of 2016, Los Angeles currently accounts for 15.9 percent of the nation’s quarterly VC funding, placing it 2nd in the country, behind San Francisco and ahead of Silicon Valley.

VCFunding_LA_Q22016
The US as a whole saw a steep rise in VC funding; on the surface it… Read More

Unlock employee and profit potential with individual-friendly work space

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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

Highlighting our Southwest Skyline

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From coast to coast, our city skylines are a source of pride and community. It’s not surprising that top-tier office buildings in our urban cores continue to report lower vacancies, higher rents and more developer interest.

The anticipated Skyline Review is back, and more advanced than ever before.

downtown-la-skyline

In case you… Read More

Office employment update: Los Angeles | June 2016

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Between May 2015 and May 2016, Los Angeles County nonfarm employment increased by 101,000 or 2.4 percent.

EmploymentUpdate_June

  • Educational and health services led the year-over gains adding 37,200 jobs. More than three-quarters of the employment expansion was concentrated in health care and social assistance (up 28,300). Educational services contributed 8,900 jobs to the
  • Read More

JLL’s El Segundo office reflects our vision for the future of workplace design

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JLL’s newest office location in El Segundo, designed by Wirt Design Group, provides a window into our company culture and reflects our vision for the future of workplace design. Elegant, yet approachable and transparent, the space is an open environment with both modern design and timeless furnishings.

The natural beauty… Read More

Full floors dwindle as tenants migrate to and expand within Century City

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Full-floor availability continues to decline as tenants both expand and migrate into Los Angeles’ largest cluster of trophy assets outside of the CBD.

Shrinking availability has led to improved fundamentals; vacancy has declined 50 basis points year over year, and rental rates have increased by 6.2 percent. COW_los-angeles-June6 2016

For more information contact Devon Parry

Visit the JLL Los Angeles Research webpage for additional market insight.

Source: JLL Research
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Office employment update: Los Angeles | May 2016

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Between April 2015 and April 2016, Los Angeles County nonfarm employment increased
by 106,800 or 2.5 percent.

LAOffice_EmploymentMay16

  • Educational and health services registered the largest year-over expansion with an addition of 37,900 jobs. Health care and social assistance added 28,800 jobs to account for three fourths of the increase. Educational services accounted for
  • Read More