Tag Archives: CBD

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

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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Expansionary leasing is driving supply constraints as tenants await 2016 deliveries [REPORT]

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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… Read More

Millennial Allowance: Tenant Improvement Key to Attracting Tomorrow’s Workforce [REPORT]

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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… Read More

Q2 2015 San Diego Office Market Statistics: Rising rents and falling unemployment good news at mid-year

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Reports-Thumbnails

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… Read More

The impact of foreign investment on the U.S. Skyline

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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

Q1 2015 San Diego Office Market Statistics: Steady rent growth continues

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Rent continued to increase as the supply of large blocks and high-end Class A space continued their decline.

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Q1 Highlights:

Demand

  • The San Diego office market reported slightly negative net absorption of 5,258 SF this quarter.
  • 4.0 million SF of tenants are currently in the market, the majority of which are technology companies. 3.3 million SF of
  • Read More

JLL Wins Multiple Honors from the San Diego Business Journal

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The San Diego Business Journal has recognized JLL multiple times in the Top Real Estate Deals of the Year.The program is designed to honor dynamic individuals and real estate deals that continue to reshape San Diego’s skyline and expend its footprint.

Winner: Land Deal of the Year Over $5 Million
San Diego Tech Center
Lynn LaChapelle, Bob Prendergast with Eastdil Secured

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JLL Wins Multiple Honors from the San Diego Daily Transcript

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The San Diego Daily Transcript has recognized JLL multiple times in the 2014 Commercial Real Estate Deals of the Year.

Editor’s Choice: Deal of the Year
Top Industrial Sale: Second Place

San Diego Tech Center
Jay Alexander, Lynn LaChapelle, Tim Olson, Bob Prendergast, Chad Urie

 

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San Diego Tech Center is an award-winning, trophy project located in the heart… Read More