Category Archives: RE

OC residential density increases with further multifamily development

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Orange County snapshot

  • At the end of 2007, there were 66,138 multifamily units in Orange County from midsize and large complexes, compared to a current total of 105,725. During this same time period, the local nonfarm labor workforce has expanded by 50,800 employees to 1,585,600.
  • From 2016 to 2021, Orange County
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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

Population growth and median age: Which OC cities will be impacted the most?

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Orange County snapshot

4-17-17_COW_cropped

  • 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 office rents nearing market peak levels

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Orange County chart of the week2-6-17_COW_cropped

  • As of Q4 2016, Orange County Class A asking rents have increased 7.5 percent over the last 12 months.
  • With healthy vacancy levels, the Orange County average asking rent is 4.5 percent below the pre-recession market peak, leaving room for additional growth.
  • New deliveries in 2017
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SoCal 10 top tens of 2016

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JLL research takes a look back at 2016

EblastButton_blogThe Rams moved back home. People tore down office walls. Trump was elected. Britain exited.

2016 saw its share of memorable moments, high-profile leases and sales, billions in tech VC funding, and new standards of office space. Some of them may have surprised you─or maybe not.… Read More