JLL
Data Center Sector Driven by M&A, Cloud Demand
Construction rose by a whopping 43 percent in the first half of 2017, while industry consolidation powered a $13 billion surge in mergers and acquisitions, according to a new JLL report.
Marriott Unveils New $600M HQ, Flagship Hotel
After a two-year search, the hotel chain has finally found a new home with the help of JLL. The campus—developed by Bernstein and Boston Properties—will be located in downtown Bethesda, Md.
Evoqua Relocates HQ to Pittsburgh CBD
The company leased three entire floors at the 637,000-square-foot K&L Gates Center, moving 200 employees from its current Warrendale, Pa. location. The move is expected to be completed by the end of the month.
JLL Arranges Industrial Lease in Houston
JLL’s Mark Nicholas, Richard Quarles and Joe Berwick worked on behalf of the landlord, Schroeder Partnership, in the lease negotiations.
JLL to Lease, Market NY Bioscience Park
The firm will handle the leasing and marketing for Broad Hollow Bioscience Park, a 62,000-square-foot biotechnology research facility located in Farmingdale, N.Y., which provides affordable leasing space to biotech companies through tax-incentive programs.
JLL Launches Workplace Strategy Council
Leading suppliers in architecture, flooring, lighting, furniture and audio-visual technology will meet regularly to create solutions for best work practices.
San Diego Office Complex Gets 2 New Tenants
JLL arranged two leases at Scripps Plaza, a two-building office campus in San Diego. The asset is located next to the Scripps Ranch Marketplace, and recently underwent renovations to expand its amenities and parking.
JLL Announces New Promotions in Philly Office
Mike Morrone has been named market director for the company’s Philadelphia office, while Tony Juliano will begin operating as JLL’s COO.
JLL Arranges $39M Sale of Phoenix Industrial Portfolio
Colony Northstar is the new owner of two institutional grade warehouses totaling more than 558,000 square feet. Both buildings offer flexible space that can accommodate single and multi-tenant layouts.
CBRE Adds Industry Veterans to South Florida Team
Kevin Probel and Kevin McCarthy joined the company from JLL, bringing vast commercial real estate experience to their new positions.