Tag Archives: Commercial Real Estate Trends

San Diego Snapshot – May 14

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While overall asking rents are still on the rise, Class B started the year off continuing to outperform Class A

  • The last two years are bucking the historical trend for Class A demand, indicating why average
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San Diego Snapshot – April 30

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Q1 life science venture capital funding totaled nearly
half of 2017’s record total; highest quarter in over 5 years

  • Robust funding is a crucial lifeline to the growing life science industry, supporting innovation and research fundamentals.
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San Diego Snapshot – April 2, 2018

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San Diego average asking rents have rebounded with significant growth post-recession, but which submarket is the champion?

  • Since 2010, San Diego office asking rents in all submarkets have rebounded substantially from the fallout of the Great
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2015 was a banner year for post-recession construction activity.

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U.S. constuction

  • 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

America’s Most Expensive Streets [VIDEO]

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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… Read More

San Diego employment update │ November 2015 [REPORT]

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SD_Employment-update_112415

San Diego employment continues to increase as total non-farm employment grew by 40,200 jobs, or 2.9 percent year-over-year. The latest employment update highlights the continued trend of employment growth and jobs continuing to be created in the market.

Professional and business services recorded the greatest year-over gain with 10,300 jobs, followed by education and… Read More

There is an ‘I’ in this team: The IDEA1 Team – a case study in collaboration

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CREW San Diego recently invited JLL San Diego to make a presentation about “IDEA1” – focusing on the collaboration and creativity that has gone into this unique project.

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(left to right): Bess Wakeman, JLL; Steve Adams, LaSalle Investment Management; Darcy Miramontes, JLL; Lynn LaChapelle, JLL; and, Mike McNerney, Lowe

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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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[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

For law firms, cutting-edge design is all about flexibility

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One of the most commonplace phrases of the past decade is “cutting edge.” The question “What is cutting-edge design?” is posed by many in the legal community struggling with how to improve their real estate strategies in this post-recession economy. Space is at a premium and clients are demanding more for less. Just as corporate America struggles to improve its bottom line, so are legal firms grappling with how to adapt their business and real estate strategies… Read More