Monthly Archives: July 2014

Orange County employment update │ July 2014

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7-21-2014_OCEmploymentUpdateOver the month, Orange County gained 6,700 jobs with the following sectors recording the biggest changes: Leisure and Hospitality (+3,700); Trade, transportation and utilities (+1,700); and Government (-1,300). The county has added 29,900 jobs over the year. The county’s unemployment increased to 5.2% from 4.9% the month prior, yet still remaining lower than the California (7.4%) and national (6.1%) rates. For more detailed information,… Read More

JLL’s Bob Prendergast and Baker Morphy featured on GlobeSt.com for the completion of office building sale in Brea, California

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7-18-14_2929ImperialGlobeSt.com featured JLL’s Bob Prendergast, Baker Morphy and Jeff Ingham in their article Stabilized Office Asset Sails for $21M.

Managing Director Bob Prendergast and Vice President Baker Morphy represented sellers, Rialto Capital and KollCo. in the completion of a 121,143 square foot office building sale in Brea, California. The newly renovated asset sold for $21 million.

“The Orange… Read More

JLL Acquires Healthcare Project Management Leader CLEO Construction Management

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Acquisition meets growing needs of healthcare facilities with expanded, specialized real estate services in West

7-14-14_CLEOAs owners of healthcare facilities increasingly pursue expansions and renovations to meet the growth demands of their patient communities, JLL (NYSE: JLL) is expanding its healthcare-focused real estate services by acquiring CLEO Construction Management (CLEO), a prominent construction project management services firm… Read More

Hot Industrial and Office Means High Rates… and More

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Matt ChristensenNote: The following article featuring JLL’s Matt Christensen was originally featured on Bisnow.com

A steady increase in industrial leases in Orange County and difficult development means there just aren’t that many sites for industrial, leading to a supply shortfall, JLL Orange County’s Matt Christensen tells us. That’s driving up purchase prices and lease rates, so large industrial space users, especially those looking to expand, are… Read More

Orange County Business Journal recognizes JLL as one of the 2014 Best Places to Work

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bptw_2014JLL has been named by the Orange County Business Journal as one of the “Best Places to Work in Orange County” for the fifth consecutive year.  The award is based on the results of employee engagement and satisfaction surveys, giving honors to the most outstanding local companies. JLL will be recognized in a special Best Places to Work section in the upcoming July edition… Read More