Monthly Archives: October 2015

Office Space Constraints and Efficiency Draw Law Firms to Surprising New Locations [VIDEO]

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JLL report reveals legal industry’s creative real estate strategies to prepare for the future      

Despite the AmLaw 100’s revenue reaching a record $81 billion in 2014, law firms are focusing on efficiency to define their office layouts and locations. The legal sector is using creative space, development and real estate strategies to assure that today’s offices remain practical for the future, according to a new report by JLL.

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Evolving healthcare sector rewards CRE investors

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by Chris Ross, Vice President | Healthcare Practice Group

entrance of medical office

Healthcare is one of the most steadily growing and predictable sectors of the economy, and healthcare real estate is attracting high levels of interest from investors of all types – from local private capital to massive healthcare REITs and everything in between. Here’s… Read More

San Diego employment update │ October 2015 [REPORT]

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San Diego employment continues to increase as total non-farm employment grew by 46,9 00 jobs, or 3.4 percent year-over-year. September employment update reports highlight that growth trend is solid and jobs continue to be created in the market.

Professional and business services recorded the greatest year-over gain with 10,700 jobs, followed by leisure and hospitality services increasing by… Read More

Team JLL: Making Strides Against Breast Cancer

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Making-Strides

On Sunday, October 18, 2015, JLL participated in the Making Strides Against Breast Cancer of San Diego in Balboa Park. Making Strides Against Breast Cancer is a celebration of survivorship – an occasion to express hope and our shared determination to make this breast cancer’s last century.  Breast cancer is the most common… Read More

Team JLL Baja Challenge: Mission POSSIBLE!

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Baja-Challenge

On October 3, 2015, for the 6th consecutive year, Team JLL San Diego successfully completed the Baja Challenge to build a new home in Tijuana for a deserving family in need. This year, Team JLL built a home for the Fonseca Family. Fernando and Luz both work selling clothes in a market, with no set salary.… Read More

Expansionary leasing is driving supply constraints as tenants await 2016 deliveries [REPORT]

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With the economy growing at its fastest pace in the current cycle, employers across industries are adding jobs, especially in urban and dense markets where talent is migrating. As a result, expansionary activity remained the dominant driver of leasing in the third quarter, accounting for 57.9 percent of lease transactions.

This growth has left primary markets challenged by significant supply constraints, creating a competitive environment for tenants, with higher costs and fewer… Read More

Q3 2015 San Diego Office Market Statistics: Rents continue to rise as absorption remains muted

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Our Quarterly Office Statistics reports provide detailed office real estate leasing data for the various metro areas we cover on a quarterly basis. Data includes inventory, completions, vacancy, rents, absorption, and new construction for buildings at the overall metro and submarket level categorized by class.

Click here for more market insight on our San… Read More