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Jones Lang LaSalle Incorporated : Infill Atlanta industrial properties seeing unmatched demand

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ATLANTA, Apr. 29, 2021 -JLL Capital Markets announced today that it has closed the sale of two fully leased, infill industrial facilities in highly sought-after logistical locations just outside of Atlanta s I-285 perimeter, demonstrating continued demand for infill assets proximate to dense population centers.
JLL marketed the property at 1235 Commerce Rd. on behalf of the seller, BH Properties. Faropoint purchased the asset. 5351 Royal Woods Pkwy. was marketed on behalf of AIC Ventures, and Welcome Group LLC acquired the asset.
As older, obsolete industrial product inside of the I-285 perimeter is increasingly demolished or redeveloped into other uses, urban infill markets are experiencing a shortage of supply, resulting in demand levels never seen before. Industrial inventory within the I-285 perimeter has decreased by more than 30% over the past 20 years, leading to consistent flight to alternate infill areas such as Morrow ....

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Jones Lang LaSalle Incorporated : JLL expands Washington, D.C. multi-housing capital markets team

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WASHINGTON, D.C. - Apr. 28, 2021 - JLL Capital Markets announced today that Bill Gribbin has joined the firm as a Director in the company s Washington, D.C. office. Bill joins the existing team led by Walter Coker, Brian Crivella and Robert Jenkins and will focus on multi-housing investment sales advisory and equity placement transactions in the Greater Washington, D.C. area.
Mr. Gribbin has more than seven years of commercial real estate and multi-housing experience and most recently worked as a Director at MAC Realty Advisors, LLC. Prior to that, he worked as an analyst at Sheridan Property Company, LLC, evaluating planned and stabilized boutique multi-housing assets within Washington, DC. He holds a Master of Professional Studies in Real Estate Finance from Georgetown University and a Bachelor of Arts degree from University of Maryland, where he also played Division I Lacrosse. ....

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Jones Lang LaSalle Incorporated : Another week, another San Diego MOB sale for JLL

SAN DIEGO, Jan. 20, 2021 - JLL Capital Markets announced today that it has closed the $17.15 million sale of 4th & Lewis, a 22,461-square-foot, four-story medical office building in San Diego,. | January 22, 2021 ....

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Jones Lang LaSalle Incorporated : Miami-based group acquires Houston fulfillment center

HOUSTON, Jan. 19, 2021 - JLL Capital Markets announced today that it has closed the sale of and arranged acquisition financing for a fully leased, 1.01-million-square-foot fulfillment center. | January 20, 2021 ....

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