Tom McDonald is an Executive Vice President based in JLL’s downtown Los Angeles office. As an industry professional with 38 years of experience, his primary area of business is advising law firms on how to drive their profitability by designing and implementing real estate strategies that compliment and support their unique operating models.
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!
Downtown 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 ownership group and… 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. Jones Lang LaSalle… Read More
GlobeSt.com featured Tom Cherry in their article ‘Demand for Traditional‘.
Tom Cherry, Managing Director, (left) was featured sharing his thoughts:
“L.A. is a little bit different in terms of the corporate occupier on the gravitation toward a more open collaborative design environment workplace strategy. For the big corporations that aren’t doing it, it would be very hard for them to change on a portfolio of 75… Read More
Jones Lang LaSalle today announced the firm has recognized the top performing brokers in Los Angeles in 2013. These brokers, who were recognized for their performance achievements, were chosen from 65 brokers in five Los Angeles offices.
“Jones Lang LaSalle is extremely proud of our top Los Angeles brokers for their dedication to our clients in providing superior service and market guidance,” said Alan Aufhammer, Managing Director,… Read More
Jones Lang LaSalle Adds Top Brokerage Talent in Los Angeles
JLL has hired industry veteran Tom Cherry as a broker based in Los Angeles who will focus on corporate solutions, tenant representation and complex land and building sales. Cherry joins JLL as a Managing Director and is joined by Nick Niemann who will serve as… 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 block availabilities of… Read More
Seven easy questions – results to be reported at the CoreNet Global Summit October 21-24
The nature of work today is changing, and companies around the world are struggling to define the right mix of workspaces for an increasingly mobile and connected workforce. Match that conundrum with the startling reality that most office space that… Read More
The LA River is the story of a flood plain engineered to make way for massive urban growth
By enhancing the landscape and design at key points along the river, the City of Los Angeles is paving the way for the LA River Corridor. Redeveloping the LA River is about unlocking neighborhood wealth in one of LA’s last under utilized corridors.
The city’s plans to revitalize the river,… Read More
On September 12, Carl Muhlstein served as moderator for the LACRA (Los Angeles Commercial Realty Association) Capital Markets Forum at the Riviera Country Club. Bisnow shares a few highlights from the event.
The event brought together some of the industry’s best to talk about the state of the market and where they see things headed in the… Read More