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NASHVILLE, TN (October 18, 2017) – In October 2012, Managing Directors Tom Hooper and Bo Tyler established the JLL Nashville office. Five years later, the team boasts 37 members, eight business lines and several top workplace designations. In 2016, JLL Nashville brokerage team negotiated $217.13 million dollars in leasing transaction value and leased just over 118 million square feet. JLL Nashville's Project and Development Team produced $213 million dollars in project management value.
The JLL Nashville team has expanded its business services to meet the growing needs of its client base. The office currently provides landlord leasing, property management, tenant representation, capital markets, investment sales, project and development services, logistics and industrial support, and retail services, which includes shopping center management, leasing and redevelopment services.
"We are extremely proud of the growth and success of the JLL Nashville office. Over the last five years, we have built our business by acquiring some of the most talented and enthusiastic individuals committed to its continued success," says JLL Managing Director Tom Hooper. "We are lucky to be a part of one of the most admired global companies. We look forward to continuing this journey and investing in the future of our JLL office, the city of Nashville and the State of Tennessee as a whole."
Over the past five years, JLL Nashville has played a pivotal role in Music City development. The Capital Markets team closed $130.5 million dollar sale of the Lehmann Nashville portfolio and a $58.75 million dollar sale of Eleven North luxury residential building in the Gulch, the city's first LEED Green neighborhood and hotspot for City urbanites. At the beginning of this year, the JLL team was tapped to lead the marketing efforts for The Landings at River North, a 40-acre site comprised of office, retail, residential, and hospitality spaces, while sustaining strong relationships with existing properties such as Nashville's iconic Cummins Station, located along 10th Avenue North, one of JLL's first clients.
"Five years ago, Bo Tyler and Tom Hooper hit the ground running," adds Michael Sivewright, JLL Market Director for the Atlanta region. "Their leadership, hard work, commitment, Nashville market knowledge, and level of enthusiasm has propelled the office to continued growth, expansion and success."
JLL Nashville has received numerous designations and awards. It was named the Best Place to Work by the Nashville Business Journal in 2016 and 2017. This year, it was listed among the Tennessean's Top Work Places. The JLL Southeast Multi-Family Capital Markets Group was awarded the Commercial Real Estate Association, Nashville chapter's (N.A.I.O.P.) 2017 Multi-Family Sale of the Year award for One MetroCenter, a 287,000 square foot, residential complex valued at $67.4 million dollars.
About JLL JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the second quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of nearly 80,000. As of June 30, 2017, LaSalle Investment Management had $57.6 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.
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