Category Archives: Memphis

Heightened demand buoys Memphis industrial market

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Memphis Industrial Market ConditionsLook for leasing volumes in Memphis’s industrial market to continue to accelerate throughout 2014. That’s part of the positive forecast for Memphis included in JLL’s North America Industrial Outlook. According to the report, total net absorption was a positive 154,430 square feet in the Memphis market in the first quarter of 2014, which follows 3,061,025 square… Read More

REITs target Memphis, Nashville for multifamily acquisitions

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Multifamily REIT 1Q Acquisitions

Multifamily REIT 1Q Acquisitions – Source: Real Capital Analytics, JLL Research

Real Estate Investment Trusts (REITs) seeking multifamily investments are increasingly setting their sights on Southeast U.S. markets to take advantage of the yield and upside potential Southeast markets provide.

According to exclusive research from JLL and Real Capital Analytics, Dallas and… Read More

Job growth boosts Tennessee’s CRE markets

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Memphis

Memphis

Steady job growth continues to be good news for Tennessee’s commercial real estate (CRE) markets.

Memphis added 500 jobs in March 2014 and the unemployment rate registered 8.2 percent, a full percentage point lower than the 9.2 percent unemployment rate in October 2013, according to the U.S Bureau of Labor Statistics (BLS).

Consistent job growth has pushed the total number of jobs in… Read More

Kevin McDowell brings his experience home to Nashville

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Senior Vice President Kevin McDowell will relocate his family to Nashville, Tenn.

Senior Vice President Kevin McDowell will relocate his family to Nashville, Tenn.

Kevin McDowell, JLL Senior Vice President for Project and Development Services, will be permanently relocating to Nashville in his role as lead of the Tennessee division for JLL’s Southeast Region. McDowell has managed JLL projects in Tennessee since 2005,… Read More