Author Archives: JLL Phoenix

Chart of the Week: Phoenix industrial rents rising

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Rental rates across industrial properties in Phoenix have been creeping up since the recession after hitting their bottom in 2011. Unfortunately, three years after the recession we have yet to see any submarket exceed their previous high. The Southwest submarket, however, is closest to its previous peak followed closely by Scottsdale and Tempe and is… Read More

Phoenix Employment Update | July 2014

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July Phoenix Employment UpdatePhoenix employment slowed in May to 1.6 percent over the last 12 months. The Valley added just 28,000 new jobs  over the last year.

The public sector has been a heavy weight on Phoenix’s positive employment growth as government shed over 9,000 in the last year. Education and health services as well as… Read More

Top U.S. Life Sciences clusters revealed: Did your city make the list?

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Global competitive shifts bring new players and regions to the forefront of the Life Sciences industry

Notable shifts and surges in industry activity have been the recent norm for Life Sciences. Big players have made moves to become more nimble. While small to medium sized companies have made steady headway into the marketplace. Globally, the U.S. still leads the world in R&D… Read More

Chart of the Week: Comparing Phoenix valley airport areas

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Phoenix, is home to the 10th busiest airport in the country, but there are also four smaller airports located throughout the valley in different submarkets. Each of these submarkets features a unique office environment, providing several options for tenants wanting easy access to air travel.

Click here for more market insight on our Phoenix research group… Read More

Phoenix’s green thumb signals market rebound

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Perspective by John Bonnell, Managing Director, Agency Leasing and Jackie Hines, Group Manager, Property Management

In Phoenix, owners with LEED certified buildings can capture a premium of 29 percent over buildings without this distinction.

A year ago, tenants were not willing to pony up the additional dollars associated with being in a green… Read More

The IPO & the unicorn

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The fight for talent. The race toward growth. The need for funding. The speed of innovation. These trends are top influencers in the tech industry and also have major impacts on your real estate strategy.

Get the latest insights on:

  • Largest U.S. Internet IPOs
  • The impact of unicorns on commercial real estate
  • Rental rates and growth patterns of the tech industry

Click to tweet: Some #tech companies aim to go public while others seek $1B… Read More

Chart of the Week: Significantly less traffic delay in Phoenix

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Phoenix, despite being one of the largest metropolitan areas in the country, has much lower additional traffic delays than similar areas. The city sits in a relatively flat valley that has made possible one of the best highway and road system in the country. This has also contributed to Phoenix’s sprawling office market… Read More