Jones Lang LaSalle Archives

Jones Lang LaSalle Completes $9.8M in Phoenix Multi-Family Sales

by in Brokerage | Business News

  The Jones Lang LaSalle Phoenix Capital Markets Team completed two multi-family investment sales that will move the local Cobalt and Indigo rental properties from a “stalled” and distressed position on to a new track for quick completion and delivery to the Phoenix rental pool. “The recession stopped many local multifamily and condo construction projects… Read More →

Jones Lang LaSalle Adds Trio of Veteran Office Brokers

Dave Seeger, Karsten Peterson & Mark Gustin
by in Business News | Newsmakers

With the addition of veteran office leasing brokers Dave Seeger, Karsten Peterson and Mark Gustin, the Phoenix office of Jones Lang LaSalle hired its third major local broker team in less than two weeks as it cements plans for a larger and deeper presence in the Valley. “I’ve known and worked with Dave, Karsten and… Read More →

Jones Lang LaSalle Adds Bo Mills and Mark Detmer to Bolster its West Coast Industrial Efforts

Bo Mills & Mark Detmer
by in Brokerage | Business News

National investment sales experts Bo Mills and Mark Detmer are joining Jones Lang LaSalle to lead its West Coast practice. In response to increased client demand for broader expertise in the industrial sector, JLL’s Capital Markets made the move. Mills and Detmer joined the firm as managing directors and will partner with JLL’s industrial capital… Read More →

Valley Professional Holding Annual Raffle For Brokers for Kids

by in Business News | Events | In The Spotlight | Networking

  Valley commercial real estate professionals are holding  an annual Brokers for Kids car raffle and tickets are now on sale. Tickets are one for $25 or six for $100. The Brokers for Kids Olympiad event is Feb. 15 at Tempe Town Lake. The drawing will be held on Feb. 15. You do not need… Read More →

Jones Lang LaSalle Rings In New Year With $21.6M Sale of Tempe Office Building


  Beginning the year on a positive note, the Phoenix office of Jones Lang LaSalle  completed the sale of Papago Spectrum to German-based investor GLL Real Estate Partners, reportedly for $21.6M. According to Jones Lang LaSalle, the sale of the 159,764 SF Class A multi-tenant office building in Tempe points to continued optimism for buyer… Read More →

Jones Lang LaSalle Adds Pair to Phoenix Research Group

Eli Gilbert - Matt Kolano
by in Newsmakers

Spurred by a recovering real estate market and the firm’s growing Phoenix brokerage team, the Phoenix office of Jones Lang LaSalle has expanded its local research department with two new members: Eli Gilbert as Senior Research Manager and Matt Kolano as Research Analyst. Gilbert and Kolano are charged with increasing research and analytical support for… Read More →

Jones Lang LaSalle Completes Land Sale For 600K SF Spec Industrial Building


The Phoenix office of Jones Lang LaSalle has completed a 38-acre land sale in Phoenix’s Southwest Valley that, by early 2013, will be home to approximately 600,000 SF of speculative, state-of-the-art industrial space. Managing Directors Anthony J. Lydon, SIOR, and Marc Hertzberg, SIOR, of Jones Lang LaSalle represented the property buyer, Seefried Industrial Properties, Inc.… Read More →

JLL completes 240,000 SF industrial lease for CTDI

JLL - W. Buckeye
by in Brokerage | Business News

The Phoenix office of Jones Lang LaSalle completed a 240,000 SF industrial lease in Tolleson for Pennsylvania-based Communications Test Design, Inc. (CTDI). The long-term lease is part of a national third-party service contract with Cox Communications that will generate approximately 200 new local jobs and fill one of the last three existing, scalable industrial building… Read More →

JLL Completes Lease For 25,678 SF At Black Canyon Corporate Center

Black Canyon
by in Brokerage | Business News

The Phoenix office of Jones Lang LaSalle completed a 25,678 SF, 5-year office lease at Black Canyon Corporate Center in Phoenix. The expansion doubles the size of tenant TeleTech Holdings, Inc., a leading global provider of technology enabled customer experience solutions that operates a call center for subsidiary company, Revana, out of the Black Canyon… Read More →

ICSC, Jones Lang LaSalle To Issue Global Research Study

ICSC - Jones Lang LaSalle
by in Business News | Events | Investment | National

The International Council of Shopping Centers (ICSC) today reported that in conjunction with Jones Lang LaSalle (JLL), a financial and professional services firm specializing in real estate services and investment management, it would release findings at the 2012 ICSC Retail Real Estate World Summit in Shanghai from a groundbreaking multinational study that examines the evolution and… Read More →

After Hours with Dennis Desmond

dennis desmond - AZRE Magazine May/June 2012
by in After Hours | AZRE Magazine

Dennis Desmond Managing director, Jones Lang Lasalle Born in Chicago Attended Loyola Marymount University (Los Angeles), where he received a BS in personal and industrial relations Married to wife, Kathleen, for 38 years Dennis Desmond has been with JLL for 2 years; has been in commercial real estate for more than 30 years Responsibilities Dennis… Read More →

Jones Lang LaSalle Expands Property Management Presence In Valley

Jones Lang LaSalle - Jackie Hines
by in Newsmakers

Due to client demand, Jones Lang LaSalle’s Phoenix office has hired Arizona industry veteran Jackie Hines, CCIM, CPM, as vice president of Property Management. In her new role, Hines will oversee and support Jones Lang LaSalle’s Phoenix property management teams. Under the leadership of managing director of property management for the Southwest Region Michael Prabhu, Hines will also support… Read More →

Liberty Property Trust Buys 3 Buildings In Phoenix And Tolleson

Liberty Property Trust
by in Brokerage | Business News

Liberty Property Trust recently purchased three  Class A buildings for its Arizona portfolio: a flex building in Phoenix and two industrial buildings in Tolleson. “By the close of 2011, our portfolio was nearly 100% leased,” said John DiVall, senior vice president and city manager for Liberty Property Trust’s Arizona region. “We had a number of… Read More →

Jones Lang LaSalle Completes Sale of Camelback Arboleda

Camelback Arboleda
by in Brokerage | Business News

The Phoenix office of Jones Lang LaSalle completed the sale of Camelback Arboleda, a 179,751 SF, multi-tenant office building located at 16th St. and Camelback Rd., in the heart of Phoenix’s Camelback Corridor. Jones Lang LaSalle’s Senior Managing Director Dennis Desmond and Senior Vice President Brian Ackerman managed the sale to El Segundo, Calif.-based Westport Capital Partners LLC, a real estate investment firm… Read More →