JLL Archives

JLL Phoenix office appoints senior vice president

promotion

The Phoenix office of JLL hired David Rosato as senior vice president and new leader of its growing Phoenix Project & Development Services (PDS) group. The PDS group provides consultation, project management, design and construction management services for projects ranging from office to industrial to retail. In his new position, Rosato manages the Phoenix PDS team and… Read More →

What’s in store for 2016 Brokers for Kids?

Brokers for Kids
by in AZRE Magazine | Events

Every year, Brokers for Kids brings together real estate teams across the Valley to help raise money for at-risk children. These real estate teams compete all year, then meet up for an Olympiad to square off for the championship to top off their fundraising event for the year. At the Olympiad, the teams compete in… Read More →

JLL completes $15M multifamily sale

Multifamily sale
by in AZRE Magazine | Multi-Family

The Phoenix office of JLL completed the $15,046,909 sale of 90 units at Aderra Condominium Residences, near the intersection of Tatum Boulevard and Cactus Road in Phoenix. The entire Aderra project is comprised of 312 condominiums on eight acres. This 90-unit portion consists of one- and two-bedroom condominiums averaging 1,032 square feet. JLL Executive Vice President John Cunningham and… Read More →

Report: Phoenix mid-size industrial market on rise

Next Gen Industrial
by in AZRE Magazine | Brokerage | Industrial

Mid-size users are dominating the Phoenix industrial market, and the construction sector has a heavy hand in that success, according to the Phoenix office of JLL. The brokerage firm reports much of the 5.8 million square feet of industrial space absorbed in the Valley in 2015 went to mid-size users – tenants occupying somewhere between 10,000 and 50,000 square feet.… Read More →

Dircks Moving & Logistics opens 170K SF facility

Dircks Moving & Logistics
by in AZRE Magazine | Industrial

Dircks Moving & Logistics expanded its logistics footprint in the West Valley as its logistics arm moves into a 170,000 square-foot institutional quality distribution. The new center is set to meet the growing needs of the logistics firm’s growing needs of its clients and customers. The lease arrangement, signed in December, called for 108,000-square feet with entitlements of… Read More →

Capital Markets completes sale of ‘stalled-to-stable’ case study

Cobalt

Capital Markets experts in the Phoenix office of JLL have completed the $16.2 million ($180,000 per unit) sale of Cobalt on 32nd Street, a case study for Phoenix’s stalled-to-stable multifamily recovery and a sign of continued investor appetite for the market’s upside potential. JLL’s Executive Vice President John Cunningham and Vice President Charles Steele represented… Read More →

Lincoln Property signs 552,330 SF industrial lease

LPC

Lincoln Property Company (LPC) has completed a 552,330-square-foot lease that will fully occupy a Phoenix industrial building and bring approximately 200 new jobs to the Southwest Valley. The undisclosed distribution user will move into its new space in October and will fully occupy the project, located 7037 W. Van Buren Street in Phoenix. It will use… Read More →

JLL’s Bill Honsaker named to GPEC Board of Directors

by in AZRE Magazine | Newsmakers

JLL Managing Director Bill Honsaker is one of eight new members just named to the Greater Phoenix Economic Council’s (GPEC) 2015-2016 Board of Directors. An award-winning broker in the Phoenix office of JLL, Honsaker has 25 years of experience in the commercial real estate industry. In that time, he has served as an active GPEC Certified… Read More →

Meet Arizona’s Most Admired Companies of 2015

lawyers

Each year, Az Business magazine and BestCompaniesAZ chooses 40 companies as winners of Arizona’s Most Admired Companies Awards. A crowd of more than 400 people packed the Chateau Luxe in Phoenix Thursday September 10, 2015 to honor the 40 companies who were named Arizona’s Most Admired Companies for 2015. When developing the Most Admired Companies program, the primary goal of Az… Read More →

Crowd honors Arizona’s Most Admired Companies

DSC_1796

A crowd of more than 400 people packed the Chateau Luxe in Phoenix Thursday to honor the 40 companies who were named Arizona’s Most Admired Companies for 2015. “When developing the Most Admired Companies program, the primary goal of Az Business magazine and our partner, BestCompaniesAZ, was to recognize those companies that excel in workplace culture, social responsibility,… Read More →

Second quarter 2015 brokerage reports

National League of Cities Gathering

With the closing of the second quarter and first half of 2015, brokerages around the Valley provided their numbers and predictions for the last and next six months in various commercial sectors. Q2 OFFICE REPORTS Cushman & Wakefield CBRE C&W|PICOR Marcus & Millichap DTZ Colliers (Office) Colliers (Medical Office) JLL Q2 INDUSTRIAL REPORTS C&W|PICOR CBRE… Read More →

Portico Place II secures Hanjin Shipping as 1st tenant

123rf.com, tatiana53

Portico Place II, a 48,173-square-foot Class A multi-tenant office building in Chandler, Az. has secured its first tenant, Hanjin Shipping, a transportation logistics firm that will occupy 37,669 square feet. Hanjin Shipping will take up 78 percent of the building’s overall space, occupying the entire second floor and half of the first floor. Portico Place… Read More →

JLL sells $300M mixed-use business park in Phoenix

TEN Aerial

The Phoenix office of JLL has completed a land deal that assembles 215 acres at I-10 and 83rd Avenue in Phoenix for TEN – a mega $300 million mixed-use business park. When complete, the project will become the largest freeway industrial employment site in Phoenix. Irwin Pasternack serves as the property owner, architect and developer. JLL Managing Directors… Read More →

JLL closes sale on a $4.2M quiet giant

jll

The Phoenix office of JLL has just closed the $4.225 million sale of Bell17 Industrial, a three-building, 70,517-square-foot industrial project in North Phoenix’s Deer Valley submarket. The fully leased building acquisition is the latest for the Southwest industrial property buying strategy of ViaWest Group. “At more than 11 million square feet, Deer Valley is a subtle but… Read More →