JLL, Chicago, said it expects offices to re-emerge as the “beating heart” of re-energized central business districts as the recovery progresses.
Tag: JLL
Commercial/Multifamily Briefs from Blackstone, QTS, JLL
Data center real estate investment trust QTS Realty Trust, Overland Park, Kansas, and Blackstone, New York, announced that Blackstone affiliates will acquire all outstanding shares of common stock of QTS Realty Trust for $78 per share in an all-cash transaction valued at nearly $10 billion, including the assumption of debt.
JLL: Seniors Housing Sector Positioned for Growth
The seniors housing sector should grow as long-term demand remains positive and an aging Baby Boomer population needs more care, reported JLL Valuation Advisory, Chicago.
Seattle Eclipses Manhattan as Top Market for Cross-Border Buyers
Seattle surpassed Manhattan to become the leading U.S. market for cross-border investment, reported Real Capital Analytics, New York.
Spread Between Retail, Industrial Rents Compresses
JLL, Chicago, reported the spread between retail property rents and industrial property rents is compressing as home deliveries speed up and e-commerce steals more and more market share from brick-and-mortar retailers.
Personnel News From USAA Real Estate, JLL, Merchants Capital
USAA Real Estate, San Antonio, announced Ryan Krauch, most recently a principal with Morgan Stanley’s Mesa West Capital, is joining its senior leadership team as Executive Managing Director and member of the investment committee.
Office Sector at a Crossroads
JLL, Chicago, says the U.S. office market is at a “critical crossroads.”
Hotel Debt Markets Improving
The hospitality debt market is showing a resurgence as the lodging industry continues to recover, said JLL, Chicago.
JLL: Real Estate Going Electric
Commercial real estate releases carbon emissions from natural gas boilers, diesel back-up generators and other sources, but JLL, Chicago, said efforts are growing to power buildings entirely by electricity.
JLL: Multi-Use Logistics Poised for Growth
JLL, Chicago, said one industrial real estate sub-class is particularly well-positioned for growth: multi-use logistics.