Tag Archives: commercial

Qualcomm move frees up large blocks of space in San Diego’s Technology Hub

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On the heels of its recently-completed overhaul of Enclave Sorrento, California-based McCarthy Cook, in partnership with New Jersey-based Prudential Real Estate Investors, is underway with major renovations at The Towers, a four-building office campus located just off the 805 Freeway at Mira Mesa Boulevard in San Diego’s Sorrento Mesa technology hub.

Designed by Gensler,… Read More

Aventine La Jolla Sold, New Owners See Room to Increase Value at Iconic Property

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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… Read More

Graymark Capital, Inc. Purchases Five-Building Campus in Carlsbad for $13.5M

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Graymark Capital, Inc., headquartered in San Francisco, in partnership with Chicago-based Blue Vista Capital Management, purchased a 127,287 square foot, five-building creative office/R&D property in Carlsbad from an affiliate of Bixby Land Company. The property, known as @Palomar, is located at 6349 and 6359 Paseo Del Lago and 1939, 1945 & 1949 Palomar Oaks Way and rests on 10.1 acres.

JLL’s Managing Director Bob Prendergast represented the seller.… 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

Mind the Gap: San Diego’s Skyline Office Rental Rates Continue to Rise

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There’s no space like Skyline space. The premier office towers that make up San Diego’s skyline boast—by far—the most expensive office space to rent downtown, garnering 10.1 percent more than non-Skyline space, according to JLL’s 2015 Skyline Review. Average Skyline rates in the first quarter of 2015 were $29.66 per square foot compared to $26.94 per square foot in non-Skyline buildings downtown. This… Read More

San Diego employment update │ May 2015 [REPORT]

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Please note that all charts and graphs reflect the most up-to-date data from the Bureau of Labor Statistics employment data.

Click here for more market insight on our San Diego research group web page:San Diego – Research

Post this: JLL Research reports San Diego’s May economic overview reveals Leisure and Hospitality posted 2nd largest increase. Share on LinkedIn

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JLL’s Agency Leasing Team leads San Diego in Top CRE Leases

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JLL’s Agency Leasing Team leads San Diego in Top CRE Leases; as noted in the San Diego Business Journal’s “Top Leases” edition, chronicling the largest office leases completed in San Diego for 2015. In the list, the JLL Agency Team represented Landlords and brokered 7 of the top 10 deals.

Below are some quick case studies of… Read More

San Diego employment update │ April 2015 [REPORT]

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Please note that all charts and graphs reflect the most up-to-date data from the Bureau of Labor Statistics employment data.

Click here for more market insight on our San Diego research group web page:San Diego – Research

Post this: JLL Research reports San Diego’s April economic overview reveals Education and Health Services posted 2nd largest increase. Share on… Read More

San Diego employment update │ March 2015

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Please note that all charts and graphs reflect the most up-to-date data from the Bureau of Labor Statistics employment data.

Click here for more market insight on our San Diego research group web page:San Diego – Research

Post this: JLL Research reports San Diego’s April economic overview reveals Leisure and Hospitality posted 2nd largest increase. Share on… 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
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