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| Stacey Prentice |
PHOENIX, AZ,
Sept. 6, 2017 – The JLL Phoenix Corporate Solutions Group is in expansion mode,
earning 1.2 million square feet of new leasing assignments and prompting the
addition of industry veteran Stacey
Prentice as Retail Property Manager in charge of retail properties.
“Commercial
real estate buyers are definitely back in Phoenix, looking for assets that they
can acquire and stabilize,” said Jackie
Hines, Vice President, Group Manager for JLL in Phoenix. “This has
generated tremendous opportunity for our property management team, from clients
associated with JLL brokers to properties owned or leased by other entities.”
On the
office and industrial front, JLL has earned almost 944,000 square feet of new
assignments, including ASU Macro Technology Works, a 274,000-square-foot
specialized testing facility that operates 24/7 and requires a dedicated team
of engineers. JLL was named the exclusive property manager on behalf of the
Arizona Board of Regents and Arizona State University.
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| Jackie Hines |
Other new
assignments within these sectors include:
• Corporate
Parkway North: A 226,364-square-foot Class A office building at 16404 N. Black
Canyon Hwy. in Phoenix. The project is home to PayChex, CSAA Insurance and
Revana/Teletech Services.
• San Tan
Corporate Center I and II: Totaling 267,714 square feet in two Class A
buildings in Chandler; 100 percent leased to corporate tenants including
Toyota.
• 5090 N.
40th St.: 175,835 square feet of Class A office space in Phoenix’s prestigious
Camelback Corridor, with anchor tenants including Bar S, Kudelski Security and
Beyond Trust.
JLL has also
been named the exclusive property manager for four Class A retail projects.
These are:
• Kierland
Village: 115,567 square feet in Scottsdale, at 64th Street and Greenway
Parkway, home to 22 tenants including Safeway.
•
Silverstone Marketplace: 78,094 square feet in Scottsdale, at Scottsdale Road
and Pinnacle Peak, home to 19 tenants including Sprouts.
• Tatum
Ranch Crossings: 94,179 square feet in Cave Creek, at Tatum Boulevard and Cave
Creek, occupied by 12 tenants including Safeway.
• Phoenix
Metro: 49,303 square feet in Phoenix, at N. Metro Center Parkway West, occupied
by two tenants including anchor Fitness International.
The recent
retail assignments prompted the addition of industry veteran Stacey Prentice,
hired by JLL as a Retail Property Manager for open air retail properties.
In her role, Prentice directly manages
multiple Class A retail centers located in Phoenix and Scottsdale. She joins an
18-person JLL Phoenix property management team overseeing office, industrial,
retail and mixed-use assignments across the metro market.
Combined,
JLL’s Phoenix property management and facilities management team totals 364
Valley employees directing a local portfolio of 24 million square feet.
“Demand for
management services is strong across the board – particularly for companies
like JLL who offer industry experts like Stacey and vertical services like
brokerage and construction management that help meet the unique needs that go
along with a building investment,” said Hines.
Prentice contributes
decades of property management experience, including medical office space and
industrial/flex properties, with the last seven years dedicated to managing
real estate owned (REO) portfolios. She holds a current Arizona Real Estate
License.
For more information on this news release, please
contact:
Stacey
Hershauer
focusAZ
Marketing
& Public Relations
(480)
600-0195
or
.
