JLL Launches Leasing on 893,000 SQFT Quarry Innovation Center in Brisbane, Pitching 49.9MW of Power
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- 191 stories mentioning JLL on the wire in the past 90 days. JLL coverage →
Computed from Real Estate Trail’s own tracked coverage
Orchard Partners has brought in JLL to lease the Quarry Innovation Center, an 892,546-square-foot advanced manufacturing campus planned inside the Guadalupe Quarry near Brisbane, marketing 49.9 megawatts of power to f…
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