Real value. Delivered.
More than 300 JLL leasing brokers represent our investor clients across the United States. They are connected, effective dealmakers. In 2015, we successfully completed more than 5,100 office leases, valued at almost $15 billion. Whether you're looking to enhance your building value, stabilize your occupancy, reposition your asset for sale or source your next acquisition, we have the connections and capabilities to ensure success.
Our commercial leasing agents are creative, connected dealmakers, armed with market intelligence and supported by a global team. Given the opportunity to represent your property, we hit the ground running, developing a customized leasing and marketing plan that leverages our cutting-edge technology and innovative marketing techniques.
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Nationally, the overall pricing landscape for office product remains steady, with cap rates across primary and secondary markets averaging 4.4 percent. This is stable compared to the last two quarters, while showing a 30-basis-point compression compared to this time last year. Though 65.6 percent of markets are seeing cap rates compress, signs of a plateau are beginning to emerge, with 22.0 percent of markets seeing a year-to-date softening of cap rates.
While the 10 most expensive Skyline markets include some usual contenders like New York, Washington, DC and San Francisco, a few surprising places also made the list in 2016 as they became increasingly attractive places for technology occupiers.
Developing office properties is a show of confidence in a market’s strength. Investing more than $1 billion to develop a campus focused on the life sciences and technology industry has the potential to transform a market.
Visit our Investor newshub and stay up-to-date with the latest office investment trends.
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