The Indianapolis Business Journal recently published its annual lists of the top commercial real estate transactions, and JLL was at the top of each list for 2016.
Top Office Leases
JLL represented 12 of the largest 25 office leases signed in 2016 (totaling nearly 1.2 million square feet), half of which being in the Top-10. Even more impressively, JLL brokered the Top-5 deals signed in Class A buildings. This is a large increase over 2015, in which JLL had only four leases rank in the Top-25.
Top Industrial Leases
Not to be outdone by the Office sector, JLL also took part on several of the largest industrial leases, totaling over 3.5 million square feet in 2016. There were eight in the top 15 with 4 of those landing in the Top-10.
Top Commercial Property Sales
The largest commercial property sales list includes all property types and is ranked by sale price. JLL was involved in six of the 25 largest sales of 2016, four of which made the Top-5. In comparison, JLL was only on the list twice for 2015 and none of them cracked the upper half. If narrowed down by product type, JLL was a part of two of the three largest office sales (Parkwood Crossing and Parkwood West, totaling $210.7 million) and two of the five largest industrial sales (Transpacific Portfolio and 6719 West 350 North, totaling $195.1 million).