Tag Archives: economy

OC economy diversifies over last 10 years; 2007 vs. 2017

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Orange County snapshot4-10-17_COW_cropped

  • 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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JLL’s Jay Nugent featured on GlobeSt.com about OC’s office leasing market

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JayNugentJLL Senior Vice President Jay Nugent sat down with GlobeSt.com for an exclusive interview in their article “Diversity Of OC Economy Reduces Risk”. In the article, Nugent discusses how the Orange County market has protected itself from major downturns by housing a large variety of industries. “For the first time, we don’t have all our eggs in one basket, and that would really be a negative… Read More

2015 U.S. Technology Office Outlook

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In the recently released JLL’s 2015 United States Technology Office Outlook, it was noted that technology firms and startups aren’t just exploring new U.S. markets, they’re starting to plant roots.  Over the past year, 73 percent of the sector’s office leases represented occupancy growth. According to the report, expansion for the technology industry in 2015 is no longer just about the convenience of cheaper rents or accessing new talent pools. It’s… Read More

JLL’s John Gates serves as keynote speaker at USC’s Lusk Executive Forum

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7-10-15_JohnGates_Lusk3JLL’s CEO, markets, Americas, John Gates sat down with GlobeSt.com to discuss USC’s recent Lusk Executive Forum event in Orange County where he served as keynote speaker.

In the exclusive Q&A Gates sheds light on how the global and national economy has impacted the local real estate market as well as the key economic drivers contributing to its current state. Orange County has become an emerging… Read More