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
Once a half-abandoned construction site at the peak of the recession, Anaheim’s Platinum Triangle now buzzes with activity. Developers plan to spend an estimated $1.2 billion on the 820 acre site over the next decade. The area will include residential developments, as well as a mix of retail, offices and restaurants.
One of the proposed residential communities includes Jefferson Stadium Park, an 826-unit apartment… Read More
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
The Orange County Register featured JLL’s Q3 market research in thier article “O.C. office rents soaring 12% in a year.” The article details the sharp increase in office rents over the past eight years and the subsequent tightening of the market. For the first time since the Great Recession, Orange County has finally replaced all of the space vacated during the downturn of the… Read More