Two San Diego areas buck the trend of quality medical office space getting older
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Categories: Chart of the Week, Charts of the week, JLL Research, Medical Office Building, Snapshots.
Category Archives: JLL Research
Fewer bricks, more clicks, & virtual tellers: Five changes on the horizon for branch banks
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The banking model of yesterday was all about the brand with the most locations—the “bricks”. Today, banks are measured by how effectively they deliver remote, anytime, anywhere access to their customers—the “clicks.”
The days of the bank branch being the most immediate and visible way customers interact with banks are long… Read More
Categories: banking, Brokerage, Commercial Real Estate Trends, CRE, JLL, JLL Research, San Diego, San Diego Commercial Real Estate, U.S., Uncategorized.
A mood of cautious optimism for U.S. investment in Q3
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The quarterly U.S. Investment Outlook leverages data covering both the space and asset cycles to provide a barometer of the
Political posturing might not matter, but policies do
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Countdown to election 2016
20+ candidates, 22+ months of campaigning, 24 televised debates/ town halls and more than $1 billion spent and we are down to the last five days of the 2016 election cycle.
The past eight years have been filled with economic ups and downs, but in recent years, success has trounced challenges. GDP has grown by 15.4 percent since 2009, while 15.3 million jobs have been created since 2010 with… Read More
Chart of the week: How do old and new stadiums match up?
0 CommentsThe last time the cubs won the World Series was in 1908, when the jewel-box stadium design was at the height of its popularity. Since then, we’ve seen various eras of stadium design from classic elements to modern amenities.
- Design matters –with the average stadium age today inching past 26 years, ballpark stadium designs … Read More
Categories: Charts of the week, Construction, COW, CRE, JLL, JLL Research, national, Stadium, U.S., Uncategorized.
San Diego law firms remain conservative with their real estate
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Despite rising rents in many U.S. markets, the legal industry can still find opportunities to improve real estate efficiency, according to JLL’s latest annual Law Firm Perspective. The typical U.S. law firm has sharply reduced its office footprint by 22.2 percent, from an historical average of… Read More
3 Connections to Google’s New San Diego Location
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- Google leased two floors at Cruzan’s Verge project earlier this year to facilitate a new San Diego presence. Google’s office appears to be strategically located near more than one of its local interests, and is also real estate that Google used to own during its first foray into making mobile … Read More
September 2016 employment summary
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September was relatively average, but fundamentals are steady
- September saw 156,000 net new jobs created. While relatively average and not up to the consistent 200,000+ seen throughout much of 2014 and 2015, momentum nevertheless remains.
- Monthly additions were brought down due to contraction in government and slowdowns in very large sectors such as … Read More
San Diego Employment Update | September 2016
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Between August 2015 and August 2016, total nonfarm employment in San Diego County increased by 25,100 jobs, or 1.8 percent.
- Government reported the largest year-over-year gain, adding 6,200 jobs, an increase of 2.7 percent. Local government accounted for 4,000 of those jobs
- Leisure & Hospitality saw the largest growth by percentage with a 3.1 percent year-over-year increase.
- Construction was the only sector to post a year-over-year … Read More
San Diego is a coastal California bargain
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- The median sale price for San Diego County houses and condos is $495,000 according to the most recent data from CoreLogic. This is a 5.3 percent increase over the prior year, yet still below the market’s peak median sale price of $517,500 which was reached in November 2005.
- Despite San Diego … Read More