Tag Archives: trophy

Phoenix’s skyline Trophy office rental rates continue to rise

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PhoenixSkylineBlogImageDemand for trophy buildings remains high, according to JLL’s 2015 digital skyline review

There’s no space like Trophy space. The premiere office towers that make up Phoenix’s skyline boast—by far—the most expensive office space to rent, garnering asking rents that are 33.5 percent higher than non-Trophy space, according to JLL’s 2015 Digital Skyline. Average Phoenix Trophy rates in the first quarter of 2015 were $26.53 per square foot, compared to $19.87 per square foot in non-Trophy buildings.
This gap between local Trophy and non-Trophy space is approaching peak historical spreads: 10 years ago, the difference was 37.6 percent.… Read More

An exclusive look at how the U.S. office market is performing

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Improving economy means commercial office investment is growing across U.S.

The office market recovery has gained momentum and experienced diversified growth of late, but one micro-segment truly stands atop the recovery: the luxury-end of the urban office sector with enhanced tenant, investor and developer demand. We call it the Skyline.

JLL Research is pleased to release its annual U.S. Skyline Review,  a comprehensive assessment of Trophy, A+ and Class A urban office centers, known… Read More