In the last 12 – 18 months, an upward shift in tenant improvement (TI) costs needed to secure tenants have had landlords and property managers revisiting their budgets. Since January 2016, we’ve seen TI costs increase between 10% – 12% and timelines to deliver extend. So, why are construction costs increasing… Read More
Industry veteran Russell Young re-joins JLL in Austin
Photo Credit: ARNOLD WELLS, Austin Business Journal Staff
Austin, August 28, 2017 – JLL today announced it has added respected industry veteran Russell Young to the tenant representation team. Effective immediately, Young joins the firm as Managing Director and will serve as leader… Read More
Where are North America’s most expensive office spaces? Austin ranks #6
Nothing compares to the prestige of being in a premium office building – even if it comes with a sky-high cost. And this year, the price tag for space in one of North America’s Skyline buildings works out to an average of… Read More
Uber and Lyft made their triumphant return, a major acquisition of Austin-based Whole Foods was announced and the city approved its first economic incentive agreement in years for Merck to build an IT facility. All in all, Austin had a good second quarter and it doesn’t stop at… Read More
JLL Successfully Negotiates Retail Leases for New Orangetheory Fitness Locations
Orangetheory Fitness is set to open several new high intensity interval training studios in the Austin-area. JLL announced today the firm has successfully negotiated six retail leases for studios in and around Austin.
New Austin-area locations scheduled to open in May. JLL Vice Presidents Jon Switzer and… Read More
Today, JLL announced the move of 60 employees to a 17,515-square-foot downtown office.
The 8th floor office at JLL Plaza, formerly known as Capstar Plaza, is located at 1703 West 5th Street in Austin, Texas. The move consolidates their 2711 West Anderson Lane and 2705 Bee Caves Road offices.