JLL brokers Phoenix market entry for Power Home Remodeling
Leading national remodeling company to create approximately 200 new jobs for Valley
TEMPE, Arizona, October 29, 2019 – On behalf of Philadelphia-based Power Home Remodeling (Power) the Phoenix office of JLL has completed a full building acquisition that marks Power’s official entry into the Phoenix market. The location will generate approximately 200 new local jobs from the leading remodeling company, recognized as one of Fortune’s 100 Best Companies to Work For in 2019.
JLL Executive Vice President Keith Lammersen and Managing Director Brad Crosley represented Power Home Remodeling in the building acquisition. Bob Kling of Lee & Associates represented the building seller, Rankin LLC.
“Arizona is the perfect location for Power to continue to grow and expand into the western parts of the United States,” said Power Home Remodeling Co-Founder Adam Kaliner. “Where we go next is ultimately up to our employees, as they drive our expansion strategy. They are thrilled to be able to relocate to this new city, build relationships with the community and introduce Power to homeowners.”
The new Power location totals 35,665 square feet at 8240 S. Hardy Dr. in Tempe, Arizona, near Elliot and Priest roads and within the Warner Crossing business complex. The company is expected to move into its new space in the first quarter of 2020, establishing its 17th U.S. sales and support territory.
“Power Home Remodeling is making a notable, long-term investment in Arizona,” said Lammersen. “They’ve picked a location with the configuration, parking and employment demographics to support their growth plans and to continue to thrive in our market. It was a pleasure to assist them with that process.”
The new Power building is less than two miles from Interstate 10 and minutes from the Loop 101, Loop 202, US 60 Superstition Freeway and Sky Harbor International Airport. It is also surrounded by major retail and restaurant amenities, globally recognized corporate neighbors and abundant residential and multifamily housing.
For information on open positions at the Power Home Remodeling Phoenix location, visit workatpower.com.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com
In Phoenix, JLL is a market leader employing more than 590 of the region’s most recognized industry experts offering office, industrial, retail, healthcare and data center brokerage, tenant representation, facility and investment management, capital markets, multifamily investments and development services, and related services within the real estate leasing, investment and management process. In 2018, the Phoenix team completed 75.3 million square feet in lease and sale transactions valued at $2.2 billion, directed $120 million in project management and currently manages a 32.4 million-square-foot portfolio. For more news, videos and research resources on JLL, please visit www.jll.com.
About Power Home Remodeling
Power Home Remodeling is a dream realization company — believing its purpose is to create positive change in everything the company touches — from customers’ homes to employees’ lives to the communities they live and work in. Power realizes this purpose by being people-first. Its employees and customers come before profit and their well-being factors into every business decision. Established in 1992, Power is the nation’s largest, full-service, exterior home remodeler with more than 2,700 employees, 500,000 customers and $700 million in annual revenue. Headquartered in the Philadelphia region, Power’s primary product line includes windows, siding, roofing, doors, solar roofing panels, and attic insulation, providing energy-saving solutions to residents across its operating territories, including: Colorado, Connecticut, Delaware, Florida, Georgia, Indiana, Illinois, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington D.C. and Wisconsin.