Over the month of December, Orange County gained 800 jobs with the following sectors recording the biggest changes: Financial activities (+2,600); Trade, transportation and utilities (+1,000); and Construction (-2,300). In the calendar year 2014, Orange County added 33,500 jobs. The County’s unemployment rate improved to 4.4% from 5.0% the month prior, remaining lower than the California (6.7%)… Read More
JLL Associate Matt Christensen was quoted in Biznow.com‘s article “Industrial Space Squeeze in Airport Market” about the “lack of developable land and the high cost of acquisition” for industrial uses in the highly desirable Airport Area submarket.
This comes after a four-acre land sale in Irvine completed by Matt and colleagues Luke McDaniel and Cameron Driscoll earlier this month. The land parcel was one of the last remaining industrial projects in the area.
To read the original… Read More
Owner/User buyer plans to develop state-of-the-art R&D/manufacturing facility
Irvine, California — JLL announced today that it has completed the sale of a highly coveted four-acre parcel of land in Irvine, California to Simga Trident, LLC (Sivax North America, Inc). Simga Trident, LLC, plans to develop a 50,000-square-foot state-of-the-art R&D/manufacturing facility on the land at the northwest corner of Deere Avenue and Aston, one of the last remaining developable parcels in Orange County’s Airport Submarket. Sigma Trident,… Read More
JLL’s Luke McDaniel, Cameron Driscoll and Matt Christensen were featured in the Orange County Business Journal article “Auto R&D Plant Bound for Irvine” this week for the completion of a 4-acre land sale in Irvine. The team represented tenant Sivax Inc. in the transaction; a Japanese automotive company specializing in design and development.
The plan… Read More
Over the month, Orange County gained 9,000 jobs with the following sectors recording the biggest changes: Trade Transportation and Utilities (+5,900); Education and Health Services (+2,600); and Government (+2,000). The county has added 51,800 jobs since January. The county’s unemployment stayed the same at 5.0% from the month prior, remaining lower than the California (7.1%)… Read More