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 Downtown’s urban vibe… 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 Los Angeles-based technology… 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.
Los Angeles emerged… Read More
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 further intertwine, the… 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, the same doesn’t… 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 appears as if… 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 other sectors like … Read More
Creative redevelopments outperform traditional Class A office in El Segundo and command an 18% rental premium. Creative El Segundo space is 35% less than similar products in Playa Vista and 54% less than Santa Monica.
Tenants such as JustFab, DaVita, Sanrio, Kite Pharma, Bandai Games, Nativo and L’Oreal have helped cement… Read More
For more information contact Devon Parry
Visit: JLL’s Los Angeles Research on the web… Read More