Monthly Archives: January 2016

Chart of the week

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1-28-16_COWClick on image to view full versionRead More

Orange County employment update │January 2016

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1-4-16_Orange County Economic Overview_Employment update_Jan2016_Page_1In December, Orange County gained 3,000 jobs with the following sectors recording the biggest changes over the last year: Construction (+10,500) and Leisure & Hospitality (+8,300). Over the last 12 months, Orange County added 41,400 jobs. The County’s unemployment rate decreased to 4.1 percent from 4.2 percent the month prior, remaining lower than the California (5.8 percent) and national (4.8 percent) rates. For… Read More

JLL’s Zach Niles speaks with Biznow about the state of OC’s industrial market

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1-27-16_Zach Niles JLL Senior Vice President Zach Niles was recently featured in Biznow’s article “Competition Heats Up For OC Industrial.” Niles dives into the current state of the local industrial market concluding that with a 2.7% vacancy rate, OC is one of the tightest markets in the nation. He adds that… Read More

JLL’s G. Ryan Smith featured on GlobeSt.com

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1-26-16_Ryan SmithJLL Orange County’s newest capital-markets team member, G. Ryan Smith  sat down with GlobeSt.com for an exclusive interview in their article “More OC Office Assets To Hit Sale Block.” In the article, Smith discusses the impact and challenges he foresees in the Orange County office-investment market, and offers advice to current… Read More

Six straight years of solid growth comes with a price tag

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Six consecutive years of solid growth for Orange County’s economy has people questioning whether a downturn is in our immediate future. The boom has also created real estate challenges for local businesses as the limited supply of space has driven prices to new sky-high levels. JLL client, TSW Alloy Wheels experienced these challenges first-hand when the rapid growth of their company forced them to expand in Orange County’s extremely tight industrial market. TSW’s president, Terence… Read More