The downtown San Diego waterfront is undergoing major changes which will transform the face of the city. These highlighted projects do not include the recent upgrades to Ruocco Park and the esplanade, or other recent developments adjacent to the waterfront. These waterfront projects are the most visible aspects of a genuine transformation which… Read More
After two consecutive record-setting years of U.S. multifamily investment, investor appetite for product remains strong with sentiment cautiously bullish heading into 2016, according to the JLL’s 2016 Multifamily Perspective Report. Executive Vice President, Darcy Miramontes discusses with GlobeSt.com how this is playing out in the San Diego market.
Nationally, multifamily developments remain heavily concentrated in the Central Business… Read More
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
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Post on LinkedIn: Office tenants with expiring recession-era leases are in for sticker shock Share on LinkedIn
Tweet this: #Office tenants with expiring recession-era leases are in for sticker shock, according to @JLL_SanDiego #Research. http://ctt.ec/fLdmc… Read More
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.
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 options. However, secondary… Read More
New JLL construction research reveals what – and who – is shaping the future of the urban landscape
The Millennial generation is having a profound impact on the built environment under construction in 2015, according to a new report from JLL tracking national construction trends. Throughout 2015, tenant improvement (TI) – or the renovation of existing space – has been a bright spot in the construction industry, even as labor and construction costs continue to… Read More
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 Diego research group… Read More
The skylines of the U.S.’ great gateway cities have always been a welcome sight to those looking to make their mark in the land of opportunity.
And although they’ve evolved over the years, these skylines still have a special draw for investors looking for a good home for their money.
Foreign investors now represent two of every five dollars invested in U.S. Skyline property, according to JLL’s recently released 2015 Digital Skyline. Those cross-border dollars… Read More