Tag Archives: market

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.… Read More

Will current construction satifsy increasing tenant demand?

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10-26-15_JeffInghamJLL Senior Managing Director Jeff Ingham spoke exclusively with GlobeSt.com for their article “Deliveries Still Won’t Satisfy Office Demand” about how the 3.5 million square feet of planned construction will affect the strong tenant demand for office space in Orange County. Jeff explains, “We see a big trend of construction in this market, but it’s not enough space to meet the demand for office… Read More

Will new construction save the real estate market shortage?

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Framework of New Home --- Image by © Royalty-Free/Corbis

JLL research and Q3 statistics were recently featured in The Orange County Register’s article “Sold out: Homeowners, renters and businesses pay the price of O.C.’s real estate shortage.” The article discusses the real estate shortage in Orange County and the impact new construction will have on asking prices. … Read More

JLL’s Scott Wetzel featured on GlobeSt.com about repositioning office assets

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ScottWetzelAs a result of the tightening market, we have seen office asking rents soar and space become increasing limited. The heightened demand has resulted in the rapidly growing trend of repositioning older office product.  Although “creative space” has become a new buzz word in Orange County, redevelopment is an expensive and timely endeavor that begs landlords to question whether it pays off in the long run.… Read More