Southern California is more than just its famous beaches and gorgeous weather; it’s a growing market filled with possibility.
While OTO has a long history of developing hotels in Southern California, JDA has only recently entered the market over the past several years, focusing on self-storage development. For JDA, SoCal has been an ideal high-barrier-to-entry market with incredible population density and no true “by right” project. For OTO, California continues to offer plenty of significant investment opportunities as the fifth largest GDP in the world with one of the highest concentrations of affluent consumers.
To foster collaboration and inspire new thinking, OTO and JDA recently moved into a shared office space where the two teams are giving new meaning to the idea of partnership.
On working in an integrated office space:
“All of the members of JDA and OTO work well together and are able to provide support to each other when needed.”
“I love the layout of the office. It’s created a very welcoming and open environment where I feel as though I can ask anyone a question or get help on a problem easily.”
– Greer Gordon
“Even though our companies may be different, we share the same Guiding Principles, and that connects us all.”
– Mercedes Rios
On how it leads to better work:
“OTO has been making significant investments in this profitable market and we look forward to a bright future working closely together with JDA in our new El Segundo office!”
– John Wong
A mix of different landscapes and cultural influences with something new to do and discover every day, Southern California has long attracted people and businesses seeking to realize their full potential. In the El Segundo office, it’s no different. With individuals empowered to lead their respective pursuits and projects, the shared office space has fostered a uniquely collaborative atmosphere that continues to lead to exceptional results.
Life in SoCal
Entertainment:
“Southern California is full of entertainment options, whether it is a relaxing weekend day at the beach, or a sporting event at Staples Center, or a concert/show in Hollywood.”
– Ace Richardson
“There’s no shortage of activities going on or things to do; you just may face traffic.”
– Taylor Spector
Outdoor adventure:
“I like Los Angeles for the incredible food and drink scene. However, LA offers a lot more than the insanely good burrito or the creative mezcal margarita. You can be at the beach and skiing in the mountains on the same day.”
– Wyatt Laughlin
“There are great opportunities to collaborate with both OTO and the Multifamily team, whether it’s looking for new consultants or chasing new sites as a pair.”
Culture:
“I really enjoy the variety of places within Los Angeles. Each neighborhood has their own unique characteristics.”
– Greer Gordon
“The LA area has a ton of transplants. People from all over the U.S. and the world move here, which provides different backgrounds and traditions.”
– Ace Richardson