JLL
Office Outlook Positive for 2017
We’re still witnessing a ‘flight to quality’ mentality among tenants, but vacancy rates are inching higher as new deliveries are outpacing demand, according to JLL’s most recent study.
Meet CPE’s 2017 Stars to Watch: Shannon Price, Savills Studley
A pivotal role in an automaker’s corporate relocation boosted the regional economy and earned accolades for this young professional, as well as a place on CPE’s roster of up-and-coming leaders.
JLL Continues Leasing Spree at Mission Center
Over the past 12 months, the company closed 10 leases at the property, totaling more than 80,000 square feet. The office park still has 10,000 square feet of available space.
JLL Strengthens SoCal Retail Practice with VP Hire
Dan Gill has more than 25 years of experience in the industry and will be based in the firm’s San Diego office. The move is part of the firm’s plan to expand its retail platform.
JLL Appoints Southwest Director of Research
Holding more than a decade of industry experience, Schiada specializes in real estate economics, industry trends and real estate forecasting.
PetSmart to Open New Store in NYC
In a deal brokered by RKF, the international pet retailer settled for a 16,280-square-foot ground floor lease at the 10 Madison Square West.
AFIAA Inks First Lease at 125 W. 25th St.
In a deal brokered by JLL, Mohawk Carpet Distribution Inc. leased 11,859 square feet at the freshly refurbished New York City office building.
JLL Handles 1 MSF Maryland Redevelopment Listing
The firm is working on behalf of AEW Capital Management and Manekin Corp. to market the 60-acre logistics property along the Baltimore-Washington corridor.
CBRE Completes Sale of Solana Beach Retail Center
The 54,973-square-foot coastal retail center changed hands for 33.3 million. Tenants include California Pizza Kitchen, Alfonso’s of La Jolla and Banfield Pet Hospital.
JLL Inks 22 KSF Leases in Fort Lauderdale
Cypress Financial Center, an 11-story office building at 5900 North Andrews Ave., has secured new commitments from TD Bank and Allied Integrated Marketing.