Hayley English Blockley is a Senior Vice President based in JLL’s Downtown Los Angeles office. Her focus is agency leasing and she dabbles in tenant representation. Her expertise is in creative, media and entertainment-related real estate. Along with her team, she represents two private studio lots, adaptive-reuse creative office buildings, historic and new office construction from Playa Vista to Warner Center. Her team recently completed leasing The Reserve in Playa Vista (where… Read More
Large consolidation paves way for higher rents
Douglas Emmett, along with QIA (Qatar Investment Authority), an 80 percent partner, purchased the four-building EOP/Blackstone-Westwood portfolio. The estimated purchase price was $1.3 billion with a 3.7 percent cap rate. The buyer, Douglas Emmett, already owned… Read More
In the recently released JLL’s 2015 United States Technology Office Outlook, it was noted that technology firms and startups aren’t just exploring new U.S. markets, they’re starting to plant roots. Over the past year, 73 percent of the sector’s office leases represented occupancy growth. According to the report, expansion for the technology industry in… Read More
Demand for creative office space in Los Angeles is growing, fueled by a $1.2 billion influx of venture capital investment in tech companies in this creative city.
L.A. is home to no fewer… Read More
High-tech investment volume continues to grow, totaling almost $1.2 billion year to date. Much of the funding concentration remains in the burgeoning neighborhoods of Silicon Beach. With $1.02 billion alone, Snapchat in Venice won the MVP award, totaling more than the next four zip codes combined. While Playa Vista has seen a wave… Read More
Positive economic headwinds have picked up force across the U.S., fueling increased optimism for 2014 and 2015. However, for the domestic legal sector, the outlook for most firms remains muted, driven by fairly stagnant conditions across most practice areas, which, when combined with fee compression, creates a slow-growth environment.
Mid-sized and large… Read More
Managing Director Carl Muhlstein, JLL’s entertainment industry and creative space expert, was recently interviewed in a GlobeSt.com Real Estate Forum article on the growing demand in creative space for a broadening demographic of industries.
According to Muhlstein, L.A.’s technology/media/entertainment domain is an S-Curve. The curve winds from the Burbank Media District… Read More
Firm retains Jones Lang LaSalle to handle leasing at the premier property
Maguire Investments has obtained a $105 million loan for the recapitalization of Water’s Edge, a 6.5 acre amenity rich, creative office campus in the Los Angeles submarket of Playa Vista. The funds will be used for tenant improvements and leasing commissions for new leases on available space. The financing was arranged for Maguire by Rob Verrone of Iron Hound Management.… Read More