- 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 … Read More
You might expect the priciest place to set up shop in a new office would also be the one with the priciest rents. But there’s more than meets the eye when it comes to the cost of converting outdated office space into an engaging workplace. Get a holistic picture of total build-out costs… Read More
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
Do you think employee happiness is just a nice to have? Think again. Employees are a company’s most important asset, and happy employees just might mean higher profits. This USA Today article uncovered that publicly traded companies in the Fortune 100 Best Companies to Work For list have gained an average 10.8% a year since 1998. Many of the publicly traded companies named as Best Companies to Work For in 2013… Read More
You’ve been there. That all too familiar scenario when you need private office space to collaborate with team members or a client but all the conference rooms in your office are occupied. We’ve been there too. In many workspaces, it’s tough to get a conference room when you really need it. Check out our video satirizing that all-too-familiar race for space. Then discover how our new JLL headquarters nixes the problem… Read More
- Recently, Pew Research reported that the millennial population overtook baby boomers as the largest living generation. The San Diego metro has the second highest percentage of millennials in the nation.
- Five census tracts in San Diego are comprised of more than 55 percent millennials. Three of those … Read More
San Diego employment continues to increase as total non-farm employment grew by 36,900 jobs, or 2.7 percent year-over-year. The latest employment update highlights the continued trend of employment growth and jobs continuing to be created… Read More
San Diego companies reported 21 venture capital deals totaling $253.5 million in the first quarter. The funding total was 9.0 percent lower than the 10-year average. The largest local cluster of industries, life sciences/medical, raised $180.8 million, which is 5.3 percent higher than its 10-year average.
San Diego employment continues to increase as total non-farmemployment grew by 39,700 jobs, or 2.9 percent year-over-year. The latest employment update highlights the continued trend of employment growth and jobs continuing to… Read More
- Office space under construction peaked at 92.8 million square feet.
- Industrial construction was the shining star as consumer confidence grew.
- Construction costs increased in primary office markets, driven by skyrocketing labor costs, which motivated growth in secondary markets.
JLL’s Construction Outlook report provides valuable insight into construction trends in the U.S. and JLL San Diego’s PDS… Read More