Tag Archives: California

Investor acquires office/industrial building in Redondo Beach for $9.5M; plans to redevelop into creative office space

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JLL completes 50,000 SF deal for Montana Avenue Capital Partners, LLC

2008-Steve-SolomonJLL represented Montana Avenue Capital Partners, LLC (“MAC”), a Santa Monica-based real estate investment, management and development company, in the acquisition of 50,000-square-foot office/industrial building located at 2400 Marine Avenue in Redondo Beach, California for $9,575,000.

MAC will invest an additional $2 million into its newly rebranded “LINQ on Marine” asset to redevelop… Read More

JLL acquires retail brokerage firm Wilson Retail Group in Southern CA

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Acquisition meets growing client needs for expanded brokerage and capital markets services in SoCal

2015-05-Wilson-Retail-Group-Acquisition

As consumer confidence continues to climb and economic prospects for retailers improve, JLL (NYSE: JLL) is getting a big boost to its retail business by acquiring Wilson Retail Group, a leading, independent retail brokerage and capital markets firm in Southern California. The transaction will enable JLL, already the nation’s largest… Read More

The future of manufacturing in California

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California ranked #1 in United States for manufacturing output

2015-04-whitepaper_industrial_california_manufacturing_jll_graphic (2)

Recent legislation and technological evolution have sparked a renaissance within the manufacturing sector in California. It’s now ranked first in the United States for manufacturing jobs, numbers of firms and gross output—accounting for 11.4 percent of the total U.S. output in… Read More

What does California’s water crisis mean for CRE owners

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2015-Research-US-CA-Water-Restrictions-April-2015-JLL-1Sustained drought conditions are prompting more serious water restrictions for non-agricultural use

​JLL’s report, “California’s water crisis and what it means for CRE owners,” will answer your concerns about the sustained drought conditions in California. The report reviews the regulations that were put into place on March 27, 2015 and the possible implications as well as solutions for commercial real estate owners.​

The state

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The future of manufacturing in California

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California ranked #1 in United States for manufacturing output

Recent legislation and technological evolution have sparked a renaissance within the manufacturing sector in California. It’s now ranked first in the United States for manufacturing jobs, numbers of firms and gross output—accounting for 11.4 percent of the total U.S. output in 2013.

California’s prominence as a global hub for manufacturing is often underestimated. Below, see details on the state’s seven well-defined geographic clusters specializing in… Read More

JLL’s LA research employment update reveals all sectors of trade, transportation, and utilities made year-over gains

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2015-03-Research-LA_Employment-update-MarchPlease note that all charts and graphs reflect the most up-to-date data from the Los Angeles Employment Development Department.

Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

Tweet this: #Research says #LA‘s Mar #economic overview reveals trade, transportation, & utilities made year-over gains http://bit.ly/1Cvuppo @JLLNews

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JLL’s LA research employment update reveals 2.4% 12-month job growth in LA County

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2015-02-Research-LA_Employment-update-FebruaryPlease note that all charts and graphs reflect the most up-to-date data from the Los Angeles Employment Development Department.

Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

Tweet this: #Research says #LA‘s Feb #economic overview reveals 2.4% 12-month job growth in LA County http://bit.ly/1BIFJya @JLLNews

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Kite Pharma Signs 43,576 SF Office Lease at Creative Office Campus in El Segundo

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JLL complete deal with company expanding from Santa Monica

2010-McRoskey-Mike_2JLL announced today that it has completed a 43,576-square-foot lease with Kite Pharma (NYSE: KITE) for its new research and development facility at Utah Avenue Campus, a 195,680-square-foot Class A creative-style office campus in El Segundo, California.… Read More

Southwest retail brokerage team welcomes Corinna Gattasso and Lorena Tomb

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Corinna Gattasso2015-Tomb-LorenaPrior to joining JLL, Corinna was a Director at Cushman and Wakefield, formerly Burnham Real Estate, for 10 years. She negotiated more than $350 million in retail transactions specializing in mixed-use leasing, consulting and investment sales services on behalf of the Developers and Owners in Urban… Read More

JLL’s LA research employment update reveals between Dec 2013-2014 employment gained 1.7% in LA County

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2015-01-Research-LA_Employment-update-JanuaryPlease note that all charts and graphs reflect the most up-to-date data from the Los Angeles Employment Development Department.

Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

Tweet this: Research says #LA‘s Jan #economic overview reveals between Dec 2013-2014 employment gained 1.7% in LA County @JLLNews

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