Tag Archives: development

JLL’s Project & Development Services Work Honored at AZRE RED Awards

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JLL’s Project & Development Services (PDS) project completed in March 2015 for NRG Renew was honored as the Office Interior project at the 11th annual AZRE Magazine RED (Real Estate and Development) Awards. The project was one of the nineteen winners named at a ceremony on March 2 at the JW Marriott Desert Ridge.

The RED Awards are Arizona’s most comprehensive annual real estate awards honoring the biggest, best and most notable… Read More

Q2 Phoenix Industrial Insight: Construction shaping the industrial landscape

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Developers focusing on submarkets with large existing availabilities
The two largest industrial submarkets in the Valley, Southwest and Airport, feature some of the highest availability rates at 16.6 percent and 12.8 percent, respectively. Despite large amounts of available space, including a total of 54 blocks of available space of 100,000 square feet or more, developers have chosen these submarkets as the location for 88 percent of the new, mostly speculative product currently under construction market-wide. Corporate tenants have moved away from the outdated space offerings currently available, preferring to pay a premium for design-builds or newly delivered speculative Class A product that can offer more functional space with larger clear heights.… Read More

JLL’s John Cunningham featured in the Phoenix Business Journal on Phoenix’s multifamily cresting pipeline

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2014-John-CunninghamThe Phoenix Business Journal featured JLL Phoenix’s John Cunningham in their article ‘Apartment development wave may have crested.’

John Cunningham, Executive Vice President, Multifamily, was interviewed on the current downturn in the post-recession multifamily market. He was featured sharing his thoughts on how Phoenix is viewed as a value market where landlord and investors can buy more for… Read More

Phoenix’s green thumb signals market rebound

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Perspective by John Bonnell, Managing Director, Agency Leasing and Jackie Hines, Group Manager, Property Management

In Phoenix, owners with LEED certified buildings can capture a premium of 29 percent over buildings without this distinction.

A year ago, tenants were not willing to pony up the additional dollars associated with being in a green… Read More

U.S. Law Firm Perspective: State of the industry

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Drops in revenue growth, tightening office real estate markets and changes in employee behavior are driving new strategies for law firms. Modern workplace designs lower costs per attorney, and drive productivity and camaraderie. View our video below for a short overview on the state of the industry.

Click to tweet:  Domestic #energy & #tech sectors are driving #lawfirm growth in key cities http://bit.ly/St8ekX #JLL

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JLL’s Tony Lydon appears on Arizona Horizon

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JLL’s Tony Lydon, managing director of industrial, recently appeared on PBS 8’s Arizona Horizon news program to give an update on Arizona’s industrial market. View the segment above.

Click to tweet: #JLL‘s #TonyLydon appears on @arizonapbs‘ #AZHorizon to give an update on #AZ‘s #industrial market. http://bit.ly/1olgQo3

 

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As Phoenix suburban office markets recover, skyline poised to follow

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2014 Phoenix Skyline Report now available

Skyline“Game on” seems to be the sentiment of Phoenix office tenants as they continue to bounce back from the recession, albeit with smaller work spaces that must achieve greater efficiencies with a reduced footprint. Suburban office markets—primarily in Tempe, Chandler and the Camelback Corridor—that are close to employees and offer… Read More

Our Cities Research Center helps clients decide when and where to invest, develop and locate

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Our Cities Research Center, underpinned by 10 years of pioneering city research, brings together our firm-wide resources and expertise on cities around the world to help you identify new opportunities and to navigate through the New World of Cities.

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We’ve been investigating property markets in cities across continents for more than 40 years. Ten years ago, in response to the radical and growing impact of urbanization and globalization

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Price Road Corridor is Hot

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NOTE: The following article featuring Dave Seeger, JLL’s Managing Director – Office, originally appeared on GlobeSt.com.

Seeger_GlobeStThe Price Road Corridor is one of the hottest commercial sectors in the Valley Metro area. And with the area 50% built out, a tipping point is not in sight. With the sector employing more than 35,000 people and expectations for 75,000, the sector is also a contributing factor to… Read More

Q3 Industrial Highlights: Half of total construction is speculative

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JLL Research just released its quarterly highlights of the U.S. industrial sector – here are some key observations:

  • Speculative construction originally began on the West Coast and is now steadily increasing across the nation, notably in the Mid-West and Northeast – regions where the majority of tenant requirements are presently concentrated. Preliminary numbers have total construction
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