Tag Archives: U.S.

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 the United States… Read More

San Diego employment update │ November 2015 [REPORT]

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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 health services which… 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.

2015-law-firm-trends-san-diego-jllRead More

San Diego employment update │ October 2015 [REPORT]

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San Diego employment continues to increase as total non-farm employment grew by 46,9 00 jobs, or 3.4 percent year-over-year. September employment update reports highlight that growth trend is solid and jobs continue to be created in the market.

Professional and business services recorded the greatest year-over gain with 10,700 jobs, followed by leisure and hospitality services increasing by 10,100 jobs. Between the… Read More

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 options. However, secondary… Read More

Q3 2015 San Diego Office Market Statistics: Rents continue to rise as absorption remains muted

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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 Diego research group… Read More

San Diego employment update │ September 2015 [REPORT]

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San Diego employment continues to increase as total non-farm employment grew by 42,400 jobs, or 3.1 percent year-over-year. August’s jobs report displays that the growth trend is stable and jobs continue to be created in the market.

Professional and business services recorded the greatest year-over gain with 11,500… Read More

Global Corporate Real Estate Trend #4: Outsourcing

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Global-Corporate-Real-Estate-Trends-Survey-2015We wrap up the Global Corporate Real Estate Report series with the introduction of Theme 4: Outsourcing.

CRE teams are using outsourced service providers across more geographies and industry sectors; but many are still missing the opportunity to drive strategic, long-term value through outsourcing partnerships.

Given the intense pressure to deliver across a range of tactical and strategic tasks, it is

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Global Corporate Real Estate Trend #3: Expectation

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Global-Corporate-Real-Estate-Trends-Survey-2015The third article in our Global Corporate Real Estate Trend series, we introduce Theme #3: Expectation.

Demand to deliver across a range of tactical and strategic activity continues to intensify, challenging the composition and skills of CRE teams and creating a ‘pressure cooker’ of expectations.

A central theme of our 2013 report was the sheer weight of demand on CRE teams

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Global Corporate Real Estate Trend #2: Integration

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Global-Corporate-Real-Estate-Trends-Survey-2015Last week, we introduced the first of four themes from the 2015 JLL Global Corporate Real Estate Report. This week, we introduce Theme 2: Integration.

Interaction and integration with other business functions and stakeholders is a growing need, but it is a strong feature of only a few CRE teams.

While there is strong intent to transform the structure of CRE teams, these teams do not,

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