Tag Archives: Phoenix

Fewer bricks, more clicks, & virtual tellers: Five Changes on the Horizon for Branch Banks

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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 long gone. The… Read More

Phoenix No. 4 fastest-growing U.S. city

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COW-Jan16-PhoenixNo.4Fastest-growingUScity-Cropped

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 grow more than… Read More

Tech heats up in Arizona

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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.

Keith Lammersen, JLL Tenant Representation“Companies coming from markets like Silicon Valley, Seattle

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The professional and business services sector leads Phoenix employment gains

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Phoenix Employment Update -04 2016

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According to the BLS, total non-farm employment in Metro Phoenix reached 1,964,800 payrolls in February 2016, representing an annualized increase of 67,000 jobs or 3.5 percent. Meanwhile, unemployment continues to improve, decreasing to 4.6 percent, down 80 basis… 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 being absorbed almost… 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

Christian Ulbrich Appointed JLL President

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Christian Ulbrich

Christian Ulbrich

Jones Lang LaSalle Incorporated (NYSE: JLL) announced today that it is separating the roles of President and Chief Executive Officer and that Christian Ulbrich, currently CEO for the EMEA region, will become President of JLL. Colin Dyer will retain the role of CEO and continue to guide the firm’s global strategy, with a particular emphasis on IT and data… Read More