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
Anyone who has worked in the hustle and bustle of an open office environment knows that it often has distracting downsides.
And yet the trend has endured, thanks in part to by influential business executives like former New York Mayor Michael Bloomberg and Twitter founder Jack Dorsey.
But now… Read More
Are you an investor curious about market outlooks, or a tenant approaching lease expiration? Well, I have good news. The annual Skyline Review is back.
Each year, JLL’s research team analyzes the top North American skylines and gives investors and tenants alike a personal, up-close, look at some… Read More
We are pleased to announce the addition of Mike Ruppert as the Property Management leader for the Southwest region. Mike will focus on enhancing and leading best-in-class service delivery and partnering with investor clients to grow the Property Management business in our southwest markets. He’ll work closely with Peter Belisle in developing strategy and expanding relationships with investor clients and partner with… Read More
JLL Property Management (PM) and Project & Development Services (PDS) worked with Wolcott Architecture and contractor Corporate Contractors, Inc. to provide architectural upgrades to the $7M renovation of 520 Broadway project owned by Vornado Realty Trust out of Manhattan, NYC and currently managed by JLL.
Working closely with the City of Santa… 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… Read More
Tenant retention is on the rise but are you on tract with the trend?
Statistics show that rentals and vacancies are up resulting in major implications for rental growth, the main driver of optimistic valuations of commercial property. So if tenant retention is not on the top of your priority list… Read More
Commercial Property Executive featured JLL LA‘s Michael Prabhu in their article ‘Smart Spending Strategies.’
Michael Prabhu, Managing Director of Property Management for the Southwest region discusses capital improvements that drive value through leasing:
“…property managers have an ace in the hole: Santa Monica’s emergence as “Silicon Beach,” a hot spot for technology-related firms. The trend has pushed office vacancy in the city’s Downtown submarket to around 4 percent.… Read More
We’ve simplified our name because real estate is complex enough
Underscoring its global operation, scale and vision for the future, Jones Lang LaSalle (NYSE: JLL), the professional services and investment management firm specializing in real estate, has announced that it is now using the name “JLL” and introducing a refreshed logo. The shorter name and new logo are:
- Easily recognized and visible in countries around … Read More
JLL’s Michael Prabhu will be speaking at LA BOMA’s Learn From the Legends of Leasing event on October 30.
Michael is Director of Property Management for JLL’s Southern CA Region. He is currently a court-appointed receiver working on behalf of lenders in Southern California. With over 18 years of commercial real estate experience, Michael has directed the asset management for a portfolio of real estate in… Read More