Tag Archives: downtown

Comparing top retail spending neighborhoods in Los Angeles

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Within Los Angeles, Venice leads the pack with $17,351 per capital spent on retail annually.

PowerPoint Presentation

We could expect increases in per capital spending on retail goods in downtown as retailers continue to flock to the area.

For more information contact Kevin Carroll

Visit the JLL Los Angeles Research webpage for additional market insight.

Source: JLL Researchand ESRI Business Analyst Online
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JLL’s Mike McKeever featured in LABJ’s article on DTLA’s PacMutual building

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2013-McKeever-MikeThe Los Angeles Business Journal featured JLL LA‘s Mike McKeever in their article ‘PacMutual Draws Startup With Different Brief‘.

Mike McKeever, Senior Vice President, was featured sharing his thoughts on PacMutual’s repositioning to creative office tenants.

Mike McKeever, a senior vice president at the downtown office of Jones Lang LaSalle, represented Hueston Hennigan in the deal. He said creative office space is in short supply downtown, especially

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Investment Firm UrbanBlox To Redevelop Mixed-Use Building in Downtown Los Angeles

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The firm has acquired 12 buildings in past 15 months

condon_michael_jrUrbanBlox, a Los Angeles-based boutique development firm, announced today that it has acquired a 51,055-square-foot office building in Downtown Los Angeles’ Jewelry District for $8.54 million.  This is the firm’s 12th acquisition in the past 15 months which includes creative, mixed-use and multifamily properties in the LA River, Downtown Los Angeles,… Read More

Specialization and right-sizing drive LA law firm tenants

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Law firms face more supply constraints than companies in nearly any other industry. Why? Law firms typically target premium, Class A space in central locations—the tightest segment of U.S. office markets. With fewer space options, your firm may find itself battling with competitors not only for clients—but for desired space as well. Notwithstanding these challenges, our 2014 Law Firm Perspective identifies several trends that law firms are using to optimize costs.

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JLL expands retail leasing expertise in Los Angeles

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Danielle Cornwell joins firm as associate specializing in agency leasing & tenant representation in Downtown Los Angeles & the Greater Los Angeles area

2014-Cornwell-DanielleJLL today announced the expansion of its retail platform in Los Angeles with the addition of Danielle Cornwell. Cornwell will serve as a associate of retail brokerage working on the team lead by Senior Vice President David Thomas. In her new… Read More

Global ambitions: Los Angeles becomes a new focal point for Chinese capital and development

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As Chinese offshore investment spikes around the globe, Los Angeles is a prime destination for the new wave of capital.

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In the midst of urban renaissance, Los Angeles is a focal point for Chinese developers seeking high-impact projects; investors are attracted by the city’s stable returns, linkages with Asia and opportunities for urban core developments.  The inflow of foreign capital into high-profile projects will… Read More

Union Bank Plaza, unique Grade A office opportunity in Los Angeles

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JLL’s Los Angeles team is pleased to bring Union Bank Plaza in Los Angeles to market for KBS Realty Advisors. For more information, please visit the website: www.unionbankplaza2014.com

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Investment highlights:

  • Prime location in the heart of the Downtown Los Angeles CBD
  • Class A, 40-storey trophy quality 646,625 sq ft office tower with a two
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Chinese capital targets Hollywood’s commercial real estate

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Los Angeles poised to receive share of global US$15 billion in Chinese investment by the end of 2014

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America’s Tinseltown is the latest target for Chinese commercial real estate investment according to a recent report from JLL. While global Chinese outbound transaction volumes catapulted from US$5.6 billion in 2012 to US$11.3 billion in 2013, JLL is forecasting this figure to reach US$15 billion by… Read More

Rethinking the office: The next generation in workplace design

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Recently JLL’s LA office hosted its annual tenant representation event titled “Rethinking the office: The next generation in workplace design” which was attended by approximately 100 occupiers and commercial real estate professionals.  Held at Gensler’s Downtown Los Angeles office, the event featured a presentation on the modern office by Rob Jernigan, Managing Principal for Gensler’s Southwest Region.

2014-05-06 TR CreativeRead More

JLL’s national skyline report features local reports for each of the 5 Southern CA markets… including DTLA & Century City

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In addition to our big national skyline report, we now have standalone local reports for each of the 5 Southern California markets: Orange County, San Diego, Phoenix, LA (Century City), and LA (Downtown) for the first time!

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2014-03-Research-LosAngelesSkylineReview-Generic-3-panel_V3Downtown Skyline Review: We analyzed the top 24 buildings in Downtown LA that truly move the market. Downtown’s strengths are attributable to a more stable tenant base, sophisticated… Read More