Category Archives: JLL Research

Valuable expert-provided insight on the Phoenix real estate market.

Meet Kiana Cox

0 CommentsBy

Glass ceilings? Closed doors? Not at JLL. We recognize the success and achievements of the amazing women throughout our firm. In celebration of Women’s History Month, we’d like to highlight a few of the strong, smart, and ambitious women of JLL. We appreciate them not only this month, but every day. We hope they inspire you like they inspire us.

Meet Kiana Cox

Kiana is our Senior Research Analyst in Phoenix. She is… Read More

JLL industrial brokers make 2018 absorption predictions

0 CommentsBy

Metro Phoenix recorded a whopping 9.8 million total square feet of industrial absorption in 2017. This is the largest annual net absorption gain in Phoenix history. The total also marked the fourth consecutive year of annual net absorption in Phoenix, totaling 6.0 million square feet or more, which has not been seen since 2004-2007. The previous peak of nearly 7.9 million square feet in 2005 fell in the middle of one… Read More

JLL welcomes Jennifer Farino to the JLL family

0 CommentsBy

In February, our JLL family welcomed Jennifer Farino to our Research department. Jennifer brings 5 years of experience in analyzing and reporting on the Phoenix commercial real estate market. She works closely with brokerage and support professionals throughout the western region, as well as colleagues throughout the global JLL organization, to… Read More

Metro Phoenix records the fourth highest U.S. office absorption in 2017

0 CommentsBy

Metro Phoenix recorded 2.1 million total square feet of office absorption in 2017. This marks the fourth straight calendar year with at least 2.0 million square feet of positive absorption gains, the longest streak of its kind ever recorded in the Phoenix office market. The total also ranks Phoenix as the fourth highest market with absorption gains in the United States. Phoenix ranks behind… Read More

Looking ahead: Five higher education campus facility trends to watch in 2018

0 CommentsBy

Stack of hardback book and Open book lying on a bench at sunset park on blurred nature backdrop.

Declining revenues. Aging facilities. Rising pension liabilities. These factors, combined with the pressure of delivering a high-quality, high-tech campus experience that younger generations expect, and it’s clear that higher education leaders here… Read More

Riding the tech wave—6 top trends impacting today’s and tomorrow’s real estate decisions

0 CommentsBy

From San Francisco to New York and everywhere in between…

The tech industry continues to be the largest consumer of office space across the country.

And not just in the major tech hubs.

As all industries across the spectrum continue to innovate and incorporate new tech into their business models, owners and… Read More

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

0 CommentsBy

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

0 CommentsBy

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

Southeast Market Area is home to the majority of new office construction in Metro Phoenix

0 CommentsBy

There was nearly 1.5 million square feet of new office under construction in Metro Phoenix at the close of the third quarter 2017. Over half of the new construction is pre-leased, occurring mostly in build-to-suit projects. The majority of development in the Valley is located in the Southeast Market Area, totaling 960,548 square feet.

Read More

Phoenix multifamily led secondary market activity in Q2 2017

0 CommentsBy

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