X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Mid- and low-rise product led office leasing activity in 2019. According to a report from JLL, the volume of mid- and low-rise office leases greater than 30,000 square feet was greater than high-rise product by a ratio of six to one. The surge in office leasing activity for this product segment is largely attributed to new construction activity.

“We are seeing a lot of activity in the new buildings,” Jeff Ingham, senior managing director at JLL, tells GlobeSt.com. “Clients today on the office side are very much looking for the new latest and greatest projects that have all of the amenities and indoor-outdoor space. Those are the things that are really attractive to employees and drive retention.” Three major mid- and low-rise properties came to the market this year, including Spectrum Terrace from the Irvine Co. and Boardwalk.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.