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
We are proud to recognize these outstanding professionals for their commitment to developing enduring client relationships built on excellent service, collaboration and trust. Their collaborative efforts to make sure their clients achieved their goals are truly a representation of our culture at JLL.
In October, our JLL family welcomed Katie McIntyre and Mari Lederman to our Healthcare Solutions group. The two are the first Healthcare Solutions team members in our Phoenix office. McIntyre brings her experience working for healthcare… Read More
It’s people like JLL’s Managing Director John Pierson, a former Honorary Commander at Luke Air Force Base, that demonstrate what it truly means to support our troops. John is one of the 97 members of the “Charlie” class of the Blue Blazer Squadron (BBS), an Alumni Association of the Honorary Commanders Committee of Fighter Country Partnership. As… Read More
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
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
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
Office rental rates in the Phoenix market increased to $25.21 per square foot in the second quarter, quickly approaching the previous peak of $26.82 per square foot set in 2007.
With absorption surpassing 12.6 million square feet and only 8.8… Read More
As the real estate market continues to appreciate in value, commercial real estate owners are advised to review and, if prudent, appeal property tax assessments. Counties in Arizona, Utah and California have or will be issuing assessment notices and hearing appeals in the fall providing an opportunity for commercial… Read More
Don’t blink—today’s data center landscape is changing fast, as leading providers and users strive to stay competitive amidst rapid change. With record-breaking activity in M&A and data center construction in North America up a whopping 43 percent in the first half of the year, 2017 promises to be an… Read More