JLL Stock Recent News

Timely Disposition to Reinvest at Beginning of New Market Cycle CHICAGO , Oct. 10, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.5 billion in portfolio equity and debt investments, announced the sale of 180 North Jefferson, a 28-story apartment community in downtown Chicago, IL as part of its long-term strategy of reinvesting capital at opportunistic points in the market cycle.  180 North Jefferson, located in Chicago's West Loop neighborhood, includes 274 fully renovated apartment units – along with upgraded common area amenities.

The trophy asset was highly sought after by institutional groups and ultra-high net worth investors MIAMI , Oct. 8, 2024 /PRNewswire/ -- JLL's Capital Markets group announced today that it arranged the $443 million sale of 701 Brickell, a trophy Class AA office building totalling 685,279 square feet in the heart of Miami's financial district. Brickell is currently the top performing office market in the United States in terms of occupancy and rent growth.

CHICAGO , Oct. 8, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today that it has fully subscribed JLLX Grand Prairie, DST. The $65 million program was structured as a Delaware Statutory Trust designed to provide 1031 exchange investors the opportunity to reinvest proceeds from the sale of appreciated real estate while also deferring taxes.

CLEVELAND, Oct. 08, 2024 (GLOBE NEWSWIRE) -- PartsSource, the leading technology and enterprise software platform for managing mission-critical healthcare equipment, announced today that it is relocating from Aurora, Ohio to 50 Executive Parkway in Hudson, Ohio. JLL facilitated the 46,000 square-foot headquarters relocation to the 70,000 square-foot office building owned by Benedict Realty Group.

Jones Lang announces the acquisition of Raise Commercial Real Estate to enhance its digital leasing capabilities.

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Raise strengthens JLL's platform with market-leading technology for the full leasing lifecycle CHICAGO , Oct. 1, 2024 /PRNewswire/ -- JLL (NYSE: JLL) today announced it has reached an agreement to acquire Raise Commercial Real Estate (Raise), a technology-powered brokerage that provides client solutions using a transformative digital real estate platform. This acquisition gives JLL and its clients access to Raise's industry-leading leasing technology, while further enhancing JLL's robust global platform.

Delivering client outcomes by unifying similar capabilities and putting best-in-class intelligence into action CHICAGO , Sept. 24, 2024 /PRNewswire/ -- JLL today announced it will bring together all building operation groups to address client needs and the changing dynamics of the real estate industry.

The UAE BioTech Symposium will be hosted in partnership with AmCham Abu Dhabi's BioTech Committee and Masdar City The UAE BioTech Symposium will attract U.S. and international BioTech owners and executives exploring opportunities in the rapidly growing BioTech sector in Abu Dhabi The inaugural symposium will be followed by quarterly events with Roadshow destinations across the Middle East ABU DHABI, UAE, Sept. 18, 2024 /PRNewswire/ -- Secondcell Bio, a U.S. BioTech company scaling-up the its platform technology invented at The Rockefeller University in the United Arab Emirates, is pleased to invite U.S. and international BioTech owners and executives to participate in the inaugural UAE BioTech Symposium, in partnership with AmCham Abu Dhabi's BioTech Committee and Masdar City, taking place on November 6-8, 2024 in Masdar City, Abu Dhabi.

JLL's Future of Work Survey uncovers new opportunities for corporate real estate as two-thirds of business leaders expect their CRE budget to increase between now and 2030 CHICAGO , Sept. 9, 2024 /PRNewswire/ -- Despite the challenging commercial real estate landscape and mixed economic environment, global business leaders are bullish on the future, with two-thirds (65%) expecting their CRE budgets to increase between now and 2030, as revealed in JLL's (NYSE: JLL) Future of Work survey.