Tag Archives: construction

Thinning Los Angeles office construction pipeline keeps market tight

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Los Angeles office construction pipeline

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 footage expected to… Read More

Big Box tenants snap up Inland Empire East’s expanding inventory

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Inland Empire East’s growing inventory has started to level the playing field between the two submarkets. Construction completions in the East account for 40 percent of the total inventory base for buildings 100,000 square feet and above.

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Leasing activity remains strong with 9.1 million square feet in year-to-date transactions.

Year-to-date absorption for… Read More

Los Angeles Technology Office Outlook – Summer 2016

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la_techoutlookOpportunity

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

Office employment update | August 2016

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Between July 2015 and July 2016, total nonfarm employment in Los Angeles County increased by 75,900 jobs, or 1.8 percent.

HealtOfficeEmployment_July2016h care and social assistance expanded payrolls by 21,800 and helped drive up employment in educational and
health services (up 30,800) for the largest year-over increase.

Professional and business services added 15,300 jobs. The job growth… Read More

Industrial demand in Inland Empire East already surpasses demand for all of 2015

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Industrial construction volumes remain high as small box development accelerates with 16.3 million square feet of year-to-date deliveries. Vacancy rates continue to fall given current tenant demand and availabilities in the market.

COW_InlandEmpire_25July2016

Year-to-date absorption totaled 12.8 million square feet for the entire market. IE East led the market this quarter with… Read More

Need more housing? Build! Build! Build!

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Los Angeles has been transforming into an increasingly unaffordable city as home prices and rents have continued to rise and the housing supply has not been able to keep up with demand.

One solution is to build more housing, and since 2015 the City of Los Angeles has seen over 300 building permit requests for new apartment building construction with a potential for almost 11,000* new residential units.

Requests for buildings with a large number of units… Read More

Kathy Cumming and Cathy Herrera join JLL Southwest Project and Development Services team

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We look forward to the expansion of PDS talent to continue as part of future growth and success for JLL

Since the beginning of 2015 our Southwest Project and Development Services (PDS) team has hired on a total of 14 new staff members. We look forward to the expansion of PDS talent to continue as part of future growth and success for JLL.

2015-Kathy-CummingKathy joins PDS as… Read More

Why hire a project manager?

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2015-Why-Hire-a-Project-ManagerIt all comes down to expertise, focus and time

There’s no question about it, construction projects are risky, costly and time-consuming. And the more complex a project is, the more potential there is for issues to arise, including scope creep, budget overruns and schedule delays.

Unless, of course, you have a good Project Manager (PM)… Read More

JLL hires seven project managers for Project and Development Services Group in Southern California

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JLL continues to rapidly expand its Project and Development Services (PDS) Group in Southern California with the hiring of seven project managers including Nicole O’Hagen, Todd Lindquist, Ed Solis, Nick Chiu, Sayre Brennan, Sean Meehan and Chris Chebegia. To date, the firm has brought on board 32 PDS professionals to the Southwest team in 2014.

“We continue to see our clients look for innovative ways to respond to the demands of the new economy,” says… Read More

JLL hires five project managers for Project and Development Services Group in Southern California

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Firm also recently acquired CLEO Construction Management which focuses on healthcare facilities

JLL announced today that it has expanded its Project and Development Services (PDS) Group in Southern California with the hiring of five project managers including Ivan Kesian, Joshua Tickenoff, Andrew Hurley, Tom Donkin and Adam Rubin.  The new additions come as JLL recently acquired CLEO Construction Management, a prominent Southern California-based construction project management services firm that specializes in healthcare facilities.  To date,… Read More