Tag Archives: Brian Ackerman

Q2 Investment Outlook: Office Highlights

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While core investment is trending up in secondary markets, primary markets and expanding large deal activity are driving office investment. The following are highlights from the Office section of JLL’s Q2 U.S. Investment Outlook.

 

Leasing activity surges as scientific and technicalRead More

JLL Closes $10.5M Sale in Vacancy-Resistant McDowell Mountain Business Park

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McDowellMoutnainBusinessParkImmediate competitive inventory boasts sustained, sub-10 percent vacancy rate

The Phoenix office of JLL has just closed a $10.5 million ($164.67/sf), three-building flex office portfolio sale in McDowell Mountain Business Park, a segment of metro Phoenix that for years has sustained a sub 10-percent vacancy rate for its Class A flex office and industrial space.

“This is a niche area of the northwest Valley that appeals to tenants looking for superior office, flex or industrial space,” said JLL Senior Vice President Brian Ackerman, who represented property seller Aegis I, LLC in the portfolio sale. “It’s less than one mile from two Loop 101 freeway interchanges and only a few miles from the Scottsdale Airport, McDowell Mountains and some of the Valley’s most elite executive housing, retail and dining. The location, combined with the quality construction of these three buildings, will definitely stand the test of time.”… Read More