In 2015, the Phoenix office market recorded the largest single-quarter absorption gain since the Great Recession. Total vacancy in Phoenix decreased to 20.9 percent at the close of 2015 and year-to-date total net… Read More
With U.S. interest rates rising from historic lows for the first time in 2006, real estate investors are fine tuning their strategies for a new chapter in the country’s economic recovery.
“This first move is as much psychological as it is financial and should be seen as a sign of strength and confidence in… Read More
The Phoenix office market continues to improve in 2015. Total vacancy in Phoenix decreased to 21.8 percent in the third quarter, the lowest level since the Great Recession. Year-to-date total net absorption reached 1,209,529 square feet, which… Read More
Air conditioning and refrigerant company will relocate to new Southwest Valley facility
After an eight-month site selection effort led by the Phoenix office of JLL and the City of Phoenix, Daikin Applied will continue to design and manufacture advanced HVAC solutions in the Valley. In a lease signed this week, Daikin confirmed it will… Read More
Simpson Housing, LLLP purchases Jefferson on Legacy
Highly amenitized multifamily opportunities continue to garner top billing among developers and investors. In an off-market deal, Simpson Housing, LLLP purchased Jefferson on Legacy, a 322-unit multifamily property located in Scottsdale, Arizona. JLL’s Capital Markets experts brought the new buyers to the table after securing… Read More
The Phoenix office of JLL has been named one of 40 winners of the 2015 Arizona’s Most Admired Companies Awards (MAC). JLL received its award along with other top Arizona businesses, ranging from real estate and banking to software and medical providers.
Arizona’s Most Admired Companies are selected based on workplace culture, leadership excellence, corporate and social responsibility, customer opinion and innovation.
“This is the most comprehensive and most prestigious corporate awards program in Arizona. It recognizes the contributions and impact these ‘most admired companies’ bring to the state,” said Denise Gredler, Founder and CEO of BestCompaniesAZ and cofounder of the MAC program.… Read More
We wrap up the Global Corporate Real Estate Report series with the introduction of Theme 4: Outsourcing.
CRE teams are using outsourced service providers across more geographies and industry sectors; but many are still missing the opportunity to drive strategic, long-term value through outsourcing partnerships.
Given the intense pressure to deliver across a… Read More
The third article in our Global Corporate Real Estate Trend series, we introduce Theme #3: Expectation.
Demand to deliver across a range of tactical and strategic activity continues to intensify, challenging the composition and skills of CRE teams and creating a ‘pressure cooker’ of expectations.
A central theme of our 2013 report was… Read More
The latest issue of Commercial Executive Magazine features large commercial real estate activity in the East Valley, in which Managing Director John Pierson and Vice President Keith Lammersen summarize significant tenant representation transactions managed by the JLL Phoenix office.
Soilworks World HQ Lease at Riverwalk Arizona
Soilworks, a leading dust control and soil stabilization firm that… Read More
Joint venture partners, Conor Commercial Real Estate, a member of The McShane Companies, and Globe Corporation, are pleased to announce the acquisition of a 16-acre land parcel for the development of AZ|60 – a new two-building, 225,600 square foot industrial project. Available for-sale or lease, the speculative facilities will offer modern design and flexible configurations to meet the growing demand within Gilbert’s booming industrial sector. The venture will break ground in October with occupancy slated for April 2016.… Read More