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
Within Los Angeles, Venice leads the pack with $17,351 per capital spent on retail annually.
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
As of the end of 2015, Los Angeles’ venture capital funding totaled $2.17 billion and accounted for 5.4% of the total funding in the U.S. We continue to see local funding concentrated in and around Silicon Beach, with the lion’s share of the start-ups still located in Venice Beach and Santa Monica.
The data in this quarterly high-tech venture capital funding dashboard reflects 4th quarter data compiled by PricewaterhouseCoopers and illustrates the continued… Read More
JLL Property Management (PM) and Project & Development Services (PDS) worked with Wolcott Architecture and contractor Corporate Contractors, Inc. to provide architectural upgrades to the $7M renovation of 520 Broadway project owned by Vornado Realty Trust out of Manhattan, NYC and currently managed by JLL.
Working closely with the City of Santa… Read More
Commercial Property Executive featured JLL LA‘s Michael Prabhu in their article ‘Smart Spending Strategies.’
Michael Prabhu, Managing Director of Property Management for the Southwest region discusses capital improvements that drive value through leasing:
“…property managers have an ace in the hole: Santa Monica’s emergence as “Silicon Beach,” a hot spot for technology-related firms. The trend has pushed office vacancy in the city’s Downtown submarket to around 4 percent.… 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
On behalf of their client Montecito Medical, Jones Lang LaSalle’s Capital Markets experts announced the firm has structured a Credit Tenant Lease (CTL) financing for the acquisition of a 51,342-square-foot outpatient surgery and oncology treatment facility located at 1217-1231 16th Street in Santa… Read More
Vice President Patrick Inglis shared his thoughts with the Los Angeles Business Journal on the value of investing in the Westside. Jamestown Properties’ purchase of the Lantana Media Entertainment Campus in Santa Monica is their first move into the market.
The Westside’s strength in attracting creative tenants is the catalyst for Lantana… 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
Peter Belisle, Southwest Market Director, shares his perspective on the key themes of 2013 in an exclusive thought leadership video on GlobeSt.com. With the elections behind us and the fiscal cliff in the process of being resolved, this gives the investors and occupiers some predictability to define business plans for 2013 and beyond.