Tag Archives: industrial

Net lease momentum isn’t slowing

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At the end of 2016, mega deals in the net lease United States office sector has propelled sales to record high volumes while retail activity remained limited and a slowdown in industrial activity was starting to occur. How does the net lease sector look six months later? We sat down with our national experts, Tivon Moffitt, Peter Bauman and John Paul Mulhern for an update.

It should be a good second half of the year
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Arizona’s GDP growth ranks No. 4 nationally

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PowerPoint Presentation

According to the U.S. Bureau of Economic Analysis, Arizona ranked No. 4 nationally for annual gross domestic product (GDP) growth in the second quarter of 2016, just behind of Idaho, Nebraska and Utah.

Arizona’s GDP growth of 2.7 percent was led by growth in real estate and rental and leasing; health care… Read More

Balanced growth continues into the new year

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Construction-related companies lead charge of mid-sized users
Although Phoenix has recovered all of the jobs lost during the recession, the construction employment sector is still more than 80,000 jobs away from its previous peak. Construction-related companies represented… Read More

New JLL Associate Broker Closes First Deal

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McWilliams_Michael-ColorThe Phoenix office of JLL represented Onyx Motorsports, a luxury automotive dealer, in its relocation from Scottsdale to Tempe. Currently a brick and mortar dealership in Scottsdale, the company is converting into an online-based car sales firm. The new 11,256 square foot warehouse in the Sky Harbor Business Park will be used to store the vehicles.

Michael McWilliams, Jr. exclusively represented the tenant. Scott Smith of Lee… Read More

JLL Represents ViaWest in 37K Square Foot Lease with Snyder’s-Lance

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29fbb5dViaWest Group recently signed a new 37,422 SF lease at its Tiger Industrial Center in Phoenix. Located at 4901 & 4929 West Van Buren, the two-building complex is comprised of 103,064 SF and is located just one mile south of a full-diamond interchange on the I-10 Freeway. Snyder’s-Lance will relocate and expand its presence in the Valley by… Read More

Dircks Moving & Logistics adds new facility

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Dircks New Logistics BuildingDircks Moving & Logistics has expanded their logistics footprint in the West Valley. Dircks Logistics will now be located in a 170,000 square foot institutional quality distribution center that meets the growing needs of their clients and customers. The lease arrangement, signed in December, called for 108,000-square feet with entitlements of up to an additional 80,000 square feet. Upon moving into the space… Read More

Another year in the spotlight for logistics real estate?

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Global Logistics Survey2015 proved to be a banner year for activity in many logistics markets around the world. What changes will 2016 hold? In our second annual Global Logistics Sentiment Survey , we asked our industrial real estate and supply chain market experts to look back at the second half of 2015 – to then anticipate directional trends… Read More

Transport networks are key to feeding the world

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Image Credit: Shutterstock

Global goals to increase food productivity by 70 percent by 2050 are encouraging the logistics sector to begin a fresh wave of expansion.

The task of feeding a projected global population of 9 billion within 35 years is on the agenda at the World Economic Forum’s annual meeting next week… Read More

Continuing strong fundamentals lead us into 2016 – Q4 2015 U.S. Industrial First Look

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The ‘First Look’ is a quick snapshot of industrial market conditions across the U.S. providing you key metrics and talking points covering leasing, construction and sales activity.

Click on the image below to view report larger.

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Market tightening as vacancy falls, rents increase – JLL Q4 2015 Industrial Reports

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Industrial InsightStrong absorption, lots of activity in the Gilbert submarket
The Gilbert submarket, situated at the far end of the Southeast Valley, is the fifth-largest submarket in Metro Phoenix. Despite its modest inventory of 16.5 million square feet, Gilbert recorded 815,336 square feet of positive absorption in 2015, easily outpacing submarkets more than twice its size. While 52 percent of the submarket’s absorption gains were concentrated in… Read More