Category Archives: Orange County

Fewer bricks, more clicks, & virtual tellers: Five Changes on the Horizon for Branch Banks

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BankingOutlookThe banking model of yesterday was all about the brand with the most locations—the “bricks”. Today, banks are measured by how effectively they deliver remote, anytime, anywhere access to their customers—the “clicks.”

The days of the bank branch being the most immediate and visible way customers interact with banks are long… Read More

Orange County tech ecosystem expands as coding bootcamps increase their local presence

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Orange County snapshot

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  • With an expanding local tech industry, coding bootcamps are growing their footprints around major business hubs and popular Orange County amenities.
  • As established and startup tech firms grow in Orange County, coding bootcamps help to provide an educated and skilled labor pool for these companies. These businesses are
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Population growth and median age: Which OC cities will be impacted the most?

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Orange County snapshot

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  • From 2016 through 2021, Orange County is projected to experience a 4.9 percent growth in population, with the highest growth rates occurring in Foothill Ranch (7.3%), Irvine (3.2%), and Brea (3.1%).
  • The largest population growth is expected to occur in areas where the median age is under 40
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OC economy diversifies over last 10 years; 2007 vs. 2017

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  • In 2007, the Orange County economy was heavily influenced by the Financial Activities sector, specifically, the mortgage industry. The total nonfarm employment base was 1,521,500.
  • Current economic growth is being led by a diverse set of industries, including healthcare, technology, life sciences, and business services. The total nonfarm
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Q1 2017 Industrial overview

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JLL Orange County’s Industrial overview is now available

2017 Q1 - Industrial report

Orange County’s industrial market remains one of the tightest markets in the nation, recording a 1.5 percent vacancy rate in Q1 2017. Average asking rents reached a new record high of $0.77 per square foot, triple net. Lack of available… Read More