Tag Archives: office

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 halfRead More

What’s the real cost of building out office space in Phoenix?

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Isagenix’s new headquarters in Gilbert, Arizona.

 

You might expect the priciest place to set up shop in a new office would also be the one with the priciest rents. But there’s more than meets the eye when it comes to the cost of converting outdated… Read More

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… Read More

JLL Phoenix Office Adds Two New Members to Its Tenant Representation Team

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The Phoenix office of JLL has added two new team members to its Tenant Representation group, welcoming Jenna Borcherding as an Associate and Carl Beardsley as a Financial Analyst. The new team members will assist JLL clients with all stages of the real estate process, with a strong track record in corporate and high-tech office requirements.

Jenna Borcherding
Borcherding joins JLL with five years of… Read More

Five Ways to Revitalize, Refresh and Renew Your Workplace

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Standing still isn’t an option in our warp-speed world. A workplace must transform with its people, or risk becoming a dinosaur. It’s true here in Phoenix and true in our JLL corporate headquarters in Chicago, too. As we’ve undertaken an employee-led renewal and transformation of both our local offices and our corporate headquarters in Chicago, we’ve armed our best strategic experts with insights from the people who influence JLL’s success most –… Read More

Strong market fundamentals as 2016 begins: Q1 2016 Office Insight

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Steady absorption with continued Phoenix growth
The Phoenix metro area office market picked up where it left off at the end of last year. Built on a stable economic foundation of strong job growth and calculated construction, new office space is… Read More

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

Phoenix Employment Update: February 2016

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In 2015, the Phoenix office market recorded the largest absorption gains since the Great Recession. Total vacancy in Phoenix decreased to 20.9 percent at the close of 2015 and year-to-date total net absorption reached… Read More

No sign of a slowdown for U.S. office market – Q4 2015 U.S. Office Outlook

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USofficeoutlook

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Despite global economic uncertainty, the United States economy continued to expand in 2015 through both employment and output. Innovative economies lead in growth, but a diversity of markets are gaining momentum. Occupancy is growing at a rate 1.3 times faster than new supply, and company expansion… Read More

Phoenix Unemployment Update: January 2016

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Title 32pt Times New Roman Italic with keyword highlighted red

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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 absorption reached… Read More