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Case Study

Innovation Corporate Center

Challenge
Starwood purchased the project with two immediate rollovers and two vacant buildings totaling 92,000 SF that had been vacant for over a year.

What did we do?
Our team used our deep market knowledge of the I-15 corridor and predicted raising rents. We took an aggressive early approach to existing tenants and used creative strategies on renewals. We also reviewed remodel ideas, but recommended holding off on the exterior work.

Results
JLL signed 92,000 SF of new leases and 84,000 SF of lease renewals at above initial pro-forma with minimal capital outlay. The entire project is 100% leased with no vacancy roll over for three years.

Contacts:

Jay Alexander
Managing Director
+1 858 410 1188
jay.alexander@am.jll.com

Ryan Grove
Senior Vice President
+1 858 410 1251
ryan.grove@am.jll.com

Tim Olson
Senior Vice President
+1 858 410 1253
t.olson@am.jll.com

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