Category Archives: Office

Class B office rental rates move in disparate directions across the county in Q1

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COW_San Diego_office_March 31 2016

  • In the first quarter, San Diego County Class B office asking rates decreased by 1.3 percent quarter-over-quarter. However, amongst the market’s largest submarkets, there was little concurrence.
  • The two submarkets with the largest stock of Class B office, Downtown and Kearny Mesa, recorded the largest decreases in asking rental rates at
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San Diego’s Life Sciences Market Poised for Further Growth

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Life Science Completed Transactions

The San Diego life sciences market continues to be a major player both nationally and globally. The region is home to more than 600 life sciences companies and over 80 research institutes that employee around 50,000 people. Biotech employment grew by 6.6 percent during 2015, the highest posted growth rate for the local industry… 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.

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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

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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San Diego employment update │ October 2015 [REPORT]

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SD_Employment-update_102015

 

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