Author Archives: JLL San Diego

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… 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… 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… 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

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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.

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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… Read More

[VIDEO] Big Changes on the Horizon for Law Firms in the San Diego Market

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JLL’s 2015  U.S. Law Firm Perspective has been released, and it reveals that law firms in San Diego continue to grow today, but with more measured and conservative growth projections.

SD-corrected

Downtown San Diego still has great opportunities for Law Firms. Rental rates have not yet peaked. Carmel Valley has more new product opportunities coming… Read More

Landlords amplify services to attract and retain tenants [INFOGRAPHIC]

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In a story originally published on GlobeSt.com, JLL’s proprietary Property Management survey reveals the top amenities for tenants in 2015. The following infographic summaries key findings from the report.

Landlords-amplify-services-to-attract-and-retain-tenants_Infographic

Tenant retention is critical to increasing asset value, so property managers need to be aware of what tenants want. Survey results told us that tenants want to… Read More

For law firms, cutting-edge design is all about flexibility

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One of the most commonplace phrases of the past decade is “cutting edge.” The question “What is cutting-edge design?” is posed by many in the legal community struggling with how to improve their real estate strategies in this post-recession economy. Space is at a premium and clients are demanding more for less. Just as corporate America struggles to improve its bottom line, so are legal firms grappling with how to adapt their business and real estate strategies… Read More

IDEA1 – A Case Study in Collaboration and Creativity Hosted by CREW [EVENT]

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IDEA1 represents the next generation in mixed-use and multifamily development in San Diego. Five years after this concept was first conceived, the speakers will be pulling back the curtain and delving into the process of creating IDEA1. Their story will highlight the hurdles they overcame and the dedication of each team member to bring this new development project to fruition.

You won’t want to miss the opportunity to hear these amazing people:

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