Tag Archives: development

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 Market Lead, Julie… 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.

CREW2

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

Located in San… Read More

IDEA1 – A Case Study in Collaboration and Creativity Hosted by CREW [EVENT]

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IDEA1 represents the next generation in mixed-use and multifamily development in San Diego. Five years after this concept was first conceived, the speakers will be pulling back the curtain and delving into the process of creating IDEA1. Their story will highlight the hurdles they overcame and the dedication of each team member to bring this new development project to fruition.

You won’t want to miss the opportunity to hear these amazing people:

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San Diego Civic veteran Andrew Phillips joins JLL

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Andy PhillpsTo bridge the gap between available public resources and the cost of required infrastructure and services, public authorities are increasingly turning to Public-Private-Partnerships (P3). To help answer this need, JLL has hired Andrew Phillips, an eleven-year veteran of Civic San Diego, formerly the Centre City Development Corporation, to join JLL’s Public Institutions team in California as a Vice President.

In his new role and based… 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

Ballpark Village Hits a Home Run into San Diego’s Skyline

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Ballpark Village tower rendering
A constrained pipeline paired with strong job growth has investors confident in San Diego’s multifamily prospects. On behalf of JMI and Lennar, JLL’s Capital Markets experts today announced Greystar has purchased Ballpark Village Parcel C2, a development site that is part of a larger master-planned development located in downtown San Diego. The… 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.

Office-Insight-Q1-2015-SanDiego-1

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 tenants are expected
  • Read More

One Paseo development in Del Mar Heights approved by City Council

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COW_San Diego_Feb23

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Click here for more market insight on our San Diego research group web page.

Share this: One Paseo development in Del Mar Heights approved by City Council http://bit.ly/1DX0KtS… Read More

Multifamily summits another peak: Record-breaking investment in 2014

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Fears of a bubble overblown, according to JLL

While some pundits are warning of a bubble in the multifamily housing sector, the numbers tell a different story. According to JLL research, released at the National Multifamily Housing Council (NMHC) conference in January, homeownership rates are down as more Americans choose to rent. That’s driving demand for apartment in many regions.

That should mean plenty of renters to soak up the considerable volume of multifamily units coming… Read More

When it comes to rebranding, there’s no room for mistakes

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When it comes to rebranding, below are four common mistakes companies can’t afford to make:

1.    Lack of an over-arching comprehensive plan: Brand implementation is all about building one over-arching strategy-based plan, setting clear objectives, developing a realistic schedule and getting the right people involved at the right time – all heading in the same direction.

2.    Not having one overall brand champion: It’s critical that one brand champion owns… Read More