JLL
Michael Ziestman Takes On Leadership Role at JLL
Ziestman, with 34 years of experience in the sale, joint venture and financing of various property types, and an aggregate value in access of $11 billion, took on a new challenge at JLL Capital Markets.
JLL Closes $24M Phoenix Industrial Deal
The company represented The Hewson Co. in the sale of a 266,607-square-foot industrial portfolio. The properties are located in Scottsdale and Tempe, Ariz.
Online Assessment Tool Enables Hurricane Preparedness: JLL
The professional services firm continues aiding its Houston-area employees in recovering from Hurricane Harvey, while also using its Building Emergency Management Assessment system to evaluate the effects of Hurricane Irma.
LaSalle Brings New Leader on Board
Tim Kessler will be based in LaSalle’s Chicago headquarters and will be in charge of the company’s growth strategy worldwide.
JLL Facilitates 575 KSF DC-Area Office Lease
The General Services Administration will consolidate the agency’s five locations into one headquarters campus in Camp Springs, Md., moving 3,700 employees in 2020.
JLL Chief Economist Weighs in on Hurricane Harvey
As the firm continues assessing the effects of the disaster, Ryan Severino provides an early forecast of its economic implications.
Downtown San Diego Tower Trades for $110M
Rockwood Capital is the new owner of 600 B St., a 24-story, 360,000-square-foot Class A office high-rise that covers one city block in the downtown area.
Tighter Times
Fundraising among non-traded REITs is at its lowest level in more than 13 years, and it’s likely to drop even lower this year. The expected total of $4.5 billion is potentially the lowest since the $6 billion raised in 2005, according to figures from Summit Investment Research.
The Shifting Capital Stack
After a sluggish start to 2017, investment volume and lending activity began showing signs of rebounding in the spring.
Institutional Update: New Life
Life insurance companies, long active in commercial real estate investment, have been stepping up their involvement.