Los Angeles ranks third in the U.S. in terms of total inventory occupied by coworking companies. Most LA coworking companies are concentrated in tech-dense and venture-capital rich Westside submarkets, which command the highest rents. Shared workspace operators in LA have also been drawn to… Read More
There are currently 14 projects totaling 2.4 million square feet of office space under construction in the greater Los Angeles market.
The bulk of these projects are expected to deliver in 2017, with one project spilling over to 2018.
Despite the large amount of square… Read More
Downtown Los Angeles is currently building 7,000 new residential units to keep up with demand for living in Downtown. With the increase in population, retail is also seeing an increase with several mixed-use… Read More
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
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.
This trend is visible in Los Angeles as it has the second highest amount… Read More
Approximately $298 billion worth of commercial real estate loans are scheduled to mature in 2017, up from $263 billion in 2016.
CMBS totals are expected to reach $126 billion in 2017, up significantly as 10-year loans issued in 2006 and 2007 are coming due. CMBS delinquency rates have increased… Read More
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.
Despite the quarter over-quarter decline, Los Angeles still ranked 6th in the nation for total funding amounts in Q3.
25… Read More
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.
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
JLL recently released its Summer 2016 U.S Technology Office Outlook, an innovative report looking at the dynamics shaping the technology industry across 45 markets. Los Angeles continues to rank well in a number of key high-tech market metrics.