Author Archives: JLL Phoenix

Broker spotlight: JLL’s own Bill Honsaker fights human trafficking with his wife

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Human/sex trafficking has been an ongoing problem in this world. However, it’s a problem with a solution. JLL’s Managing Director Bill Honsaker and his wife, Jeanne, are helping to stop human trafficking with an organization called The Exodus Road. Jeanne is the Global Vice President of Advancement.

The Exodus Road focuses on global counter human trafficking, sex and labor. They gather evidence, utilize technology, support nationals and work closely with law enforcement… Read More

2018 & beyond: What will the law firm real estate landscape look like?

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The growing momentum in the global economy has forged a new path for the law firm real estate market. With more than 65 million square feet of new office supply under construction in just the U.S. alone, law firms are finding myriad choices for both location and space that’s… Read More

JLL’s Chief Economist shares his view on today’s U.S. economy and its impact on Phoenix

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JLL Chief Economist Ryan Severino recently visited Phoenix to present his views on today’s U.S. economy and the impact national conditions may have on the Phoenix commercial real estate market. Here are his top 4 takeaways.

1.Goldilocks economy should continue, with the potential for upside depending upon policy.

Global growth continues to accelerate… Read More

Absorption in Phoenix office and industrial markets projected to set all-time records

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As the commercial real estate market in Metro Phoenix continues to climb slowly and steadily, the industrial market is projected to hit all-time absorption records by the end of 2017 while the office market is expected to surpass 2.0 million square feet for the fourth year in a row, according to our recently published Q3 Insight reports.

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JLL completes corporate HQ lease renewal for ICM Document Solutions

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Phoenix-based company builds on almost 30 years in Phoenix market

Tenant representation experts in the Phoenix office of JLL have completed a corporate headquarters renewal lease for ICM Document Solutions, a Phoenix-based corporation that has operated in the Valley since 1988. The lease renewed the company’s 15,920 square foot headquarters located within Phoenix’s Cotton Center business park at 4320 E. Cotton Center Boulevard.

JLL Vice President Trevor Pratt and Managing Director John Pierson… Read More

Phoenix multifamily led secondary market activity in Q2 2017

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Optima Kierland

The significant decline of transactions in primary markets has sustained strong liquidity in secondary and even tertiary markets. As a result, secondary markets comprised 44.6 percent of total multifamily transaction volumes at midyear, a record for this indicator if analyzing the past nearly two decades. Phoenix and Denver led… Read More

Labor shortage increases costs of Phoenix contractors, engineers and architects

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Construction activity is robust in the Phoenix market, and is expected to continue through at least the first half of 2018 based on current forecasts. Office, industrial and multifamily development is at an all-time high, and there are many new ground-up, build-to-suit projects underway throughout the… Read More

No. 1 office trend in commercial real estate: identifying your culture

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Earlier this week, JLL’s office tenant representation specialist Matthew Coxhead participated in an Arizona Tech Council Lunch & Learn panel discussing office trends in commercial real estate. Hosted at the Zenefits office in Downtown Tempe, Matthew was joined by:

  • Josh Thompson, Project Manager at Ware Malcomb
  • Aliesha Nichter, New Business Development
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Four key trends that will shape the U.S. Skyline

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From New York to Chicago and here in Phoenix, creative companies have traditionally flocked to nonconventional, creative spaces located off the beaten bath. Not so much anymore, according to JLL’s newest Skyline Report. With the lack of creative space in unique and eclectic neighborhoods across the country, technology, advertising, media and information companies… Read More

Flix Brewhouse Cinema Eatery Coming to Peoria, Arizona

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Upscale cinema and on-site craft brewer Flix Brewhouse™ is coming to the southeast corner of Lake Pleasant Parkway and Happy Valley Road in Peoria, Arizona.

Flix Brewhouse™, the world’s only combination first-run cinema and dine-in microbrewery, will become the entertainment anchor at the southeast corner… Read More