Southern California’s tech/med-tech ecosystem is rich with talent and innovation, offering both cost and lifestyle advantages over markets north along the West Coast. Beyond beaches and movie sets, the region boasts some of the best engineering talent, top-ranked medical research facilities, and a community of… Read More
In every JLL office across the globe, our colleagues rise to the daily challenge of a fast-paced, demanding real estate market while making sure that our client’s ambitions are achieved.
Through collaboration and a client-first approach, these professionals embody JLL’s culture to ensure the highest level of satisfaction for our clients. We thank them deeply for their achievements and we thank you for giving us the chance to show what we’re made… Read More
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
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
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.
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
The Los Angeles tech sector continues to expand, ranking on multiple national growth indices, including ranking 7th in employment count, 10th in technology wages, and 2nd for venture capital investment in the most recent quarter.
While VC funding is slowing in some key tech markets across the country,… Read More
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.
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.
The US as a whole saw a steep rise in VC funding; on the surface it… Read More
Based on the first quarter of 2016, Los Angeles’ venture capital funding totaled $259.2M and accounted for 3.5% of the total funding in the U.S. While funding has slowed slightly this quarter, the same is happening around the county.
We may be in later stages of the cycle, but there will be no bursting bubble thanks to diversification.
- Investors are still optimistic, there is plenty of innovation occurring, and tech is expanding into … Read More