The Phoenix office of JLL has been named one of 55 winners of the 2018 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, social responsibility, customer opinion, innovation, and leadership excellence.
The first six months of 2018 revealed strong fundamentals and insatiable demand for data center space across regions. Data centers continue to be redefined as software-driven connectivity and blockchain are adopted. Providers are strategizing their offerings to meet the growing need for long-term flexibility, while providing the space and power needed from large users.
The Phoenix Metropolitan area reached a total of 4.8 million residents and counting at the end of Q2 2018 and is currently the 11th largest metro throughout the country.
Although the city of Phoenix will remain the major population center for the region, Chandler and Gilbert are making large strides… Read More
Defense spending has been set approximately $700 billion for the year of 2018, with an array of awarded contracts finding their way into Arizona. A $16 billion increase is projected for the year of 2019.
Honeywell, Boeing, and General Dynamics continue to be consistent candidates for contracts, with smaller organizations such as… Read More
The Southeast Valley has historically been known as a hot area for smaller industrial users ranging from 15,000 to 40,000 square feet. However, recent demand from the aerospace, defense, high-tech/advanced manufacturing, semiconductor and pharmaceutical/nutraceutical industries are calling for more space ranging from 30,000 to 60,000 square feet.
“Increases in… Read More
JLL Chief Economist Ryan Severino recently visited Phoenix to present his views on today’s U.S. economy and the impact national conditions may have on the Phoenix commercial real estate market. Here are his top 4 takeaways.1.Goldilocks economy should continue, with the potential for upside depending upon policy.
Global growth continues to accelerate… Read More
Phoenix-based company builds on almost 30 years in Phoenix market
Tenant representation experts in the Phoenix office of JLL have completed a corporate headquarters renewal lease for ICM Document Solutions, a Phoenix-based corporation that has operated in the Valley since 1988. The lease renewed the company’s 15,920 square foot headquarters located within Phoenix’s Cotton Center business park at 4320 E. Cotton Center Boulevard.
JLL Vice President Trevor Pratt and Managing Director John Pierson… Read More
The banking model of yesterday was all about the brand with the most locations—the “bricks”. Today, banks are measured by how effectively they deliver remote, anytime, anywhere access to their customers—the “clicks.”
The days of the bank branch being the most immediate and visible way customers interact with banks are… Read More
According to the 2015 Census population estimates, Phoenix gained approximately 87,988 residents from July 2014 to July 2015. Forbes ranked Phoenix No. 4 among the “Fastest-Growing U.S. Cities.”
Metro Phoenix has consistently outpaced the U.S. population growth over the last 20 years and projections show the region is expected to… Read More
According to JLL’s U.S. Technology Outlook, Phoenix has become a magnet to tech entities, thanks to its lower cost of doing business, including average office rents of $23.94 per-square-foot (PSF), and its educated workforce, with 29 percent of the population holding a bachelor’s degree or higher.
“Companies coming from markets like… Read More