Yearly Archives: 2015

Lease Accounting Update [REPORT]

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FASBProposed Changes
The Federal Accounting Standards Board (FASB) voted on Wednesday November 11, 2015 to approve a set of long-awaited rules requiring companies to account for most leases directly on their balance sheets. Currently, lease obligations are reported within the footnotes of financial statements, as opposed to being included in the actual balance-sheet numbers, which receive the most… Read More

America’s Most Expensive Streets [VIDEO]

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JLL reveals the most expensive streets across the United States, San Diego street ranks as #12

It’s been said there are three things that matter in real estate: location, location, location.

The cliché cuts to the chase: location is important and will certainly play a crucial role in a property’s pricing. But today’s investors would do well to memorize the following mantra: location, industry, competition.

JLL’s biennial study of the “Most Expensive Streets” across the United States… Read More

San Diego employment update │ November 2015 [REPORT]

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SD_Employment-update_112415

San Diego employment continues to increase as total non-farm employment grew by 40,200 jobs, or 2.9 percent year-over-year. The latest employment update highlights the continued trend of employment growth and jobs continuing to be created in the market.

Professional and business services recorded the greatest year-over gain with 10,300 jobs, followed by education and health services which… Read More

There is an ‘I’ in this team: The IDEA1 Team – a case study in collaboration

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CREW San Diego recently invited JLL San Diego to make a presentation about “IDEA1” – focusing on the collaboration and creativity that has gone into this unique project.

CREW2

(left to right): Bess Wakeman, JLL; Steve Adams, LaSalle Investment Management; Darcy Miramontes, JLL; Lynn LaChapelle, JLL; and, Mike McNerney, Lowe Enterprises.

Located in San… Read More

Rising Rents and Industry Expansion Push Technology Firms To Key Growth Markets [REPORT]

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JLL reveals 21 U.S. locations, including San Diego, with ideal office cost and conditions for startups and tech sector

Even though Northern California is the cradle for the technology industry, Silicon Valley has matured beyond the garages from which it was born. According to JLL’s 2015 United States Technology Office Outlook, technology firms and startups aren’t just exploring new U.S. markets, they’re starting to plant roots.

Microsoft PowerPoint - U.S. HighRead More

Extra! Extra! San Diego Union-Tribune Moving Downtown

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600BStreet
San Diego’s major daily newspaper, the San Diego Union-Tribune, is saying goodbye to Mission Valley and hello to downtown, having signed a 15-year, 59,164-square foot lease to move their office to 600 B Street, a 24-story, Class A high rise building owned by Lincoln Property Group.

The newspaper, now owned by Tribune Publishing Group, will continue… Read More