Tag Archives: Class A

Three of JLL’s experts featured in InBusiness Magazine about the economic measures of commercial real estate in Phoenix

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Photo courtesy of InBusiness Magazine

Photo courtesy of InBusiness Magazine

JLL’s Executive Vice President John Cunningham, Managing Director John Pierson and Senior Associate John Reva sat down with InBusiness Magazine to discuss the latest trends in multifamily, office and retail space in Phoenix. Urban infill, large square footage buildings with ample parking, and quick-service restaurants are all in high demand in Phoenix.

According to Cunningham “The [multifamily] market is gravitating to urban infill, higher-density, Class A projects that have parking attached” citing Broadstone near The Esplanade as a good example. There are still some single-family properties being built but urban infill is the most abundant as a reaction to job and population growth.… Read More

Phoenix Class A leads the way

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Phx historical net absorption2

In the years of recovery following the recession, there has been increased demand for quality, Class A office space. Often making up for losses recorded within Class B and C properties, Class A absorption has outpaced that of overall Phoenix since 2008.

Tenants have been flocking towards these newer Class A properties, driving demand… Read More

Chart of the Week: Rent growth accelerating in the Valley of the Sun

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 COW_Phoenix_August18_Blog

All product types are finally seeing rent growth in the Phoenix valley. The last time Phoenix saw rising rents across the board was in 2006 right before the economic collapse. As expected, Class C product dropped their rates the most during the recession, but all properties have been dropping rates… Read More

An exclusive look at how the U.S. office market is performing

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2014-03-JLL-United-States-Skyline-Review-Spring-2014_cover

Improving economy means commercial office investment is growing across U.S.

The office market recovery has gained momentum and experienced diversified growth of late, but one micro-segment truly stands atop the recovery: the luxury-end of the urban office sector with enhanced tenant, investor and developer demand. We call it the Skyline.

JLL Research is pleased to release its annual U.S. Skyline Review,  a comprehensive assessment of Trophy, A+ and Class A urban office centers, known… Read More