- San Diego has the lowest average asking office rents among key California office markets. This enables companies to have direct access to a highly talented and educated labor pool in San Diego while saving on real estate costs.
- The San Diego nonfarm employment base … Read More
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 the United States… Read More
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.
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.
Downtown San Diego still has great opportunities for Law Firms. Rental rates have not yet peaked. Carmel Valley has more new product opportunities coming online for Law… Read More
Click on image to view full version
Click here for more market insight on our San Diego research group web page.
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
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
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
U.S. net absorption again is up, vacancy is tight and warehouse rents are increasing across the board in nearly every market. New construction is on the rise in a handful of markets, but overbuilding is not yet a concern based on active tenant requirements.
The nation is on track to add 171 million square feet… Read More
In July, Boston-based Rockpoint Group LLC has purchased the iconic Aventine office building and adjacent restaurant/retail property from an affiliate of the Blackstone Group of New York. The new owner plans to make major renovations to the 238,979-square-foot, 11-story, LEED Platinum Certified office building and adjacent retail property, located in the University Towne Centre submarket of… Read More
By Chris Ross | Healthcare Practice Group
Fourth of July barbecues, week-long vacations and sand on the floor mats of our cars. We can now appreciate – especially after the nasty May gray and June gloom – summer being in full swing. I think we can also safely say that the economic (and real estate) recovery is also in full swing. The unemployment rate in San Diego has… Read More