Category Archives: Profile

JLL’s Guide to Open House Chicago 2017

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Open House Chicago 2017

Thousands upon thousands of architecture buffs and urban explorers will descend upon the city this weekend for the Chicago Architecture Foundation’s Open House Chicago, which offers behind-the-scenes access to more than 250 buildings across the city on Saturday and Sunday from 9am to 5pm.

JLL Chicago is proud to have eight of its buildings under management participating in this free public festival. Enjoy this handy guide to our buildings and get to know a member of each management team along the way. Hope to see you there!

AMA Plaza – 330 N. Wabash
General Manager: Susan Hammer

Open House Chicago 2017

How long have you worked at your property? How long have you worked in the industry?
I have been a property manager for more than three decades. I’ve spent the last 14 years at AMA Plaza.

Describe a “Day in the Life.”
Each day is different with new opportunities, including solving tenant needs, responding to client requests, financial reporting and accountability, overseeing major repair or capital projects, supervising service providers and creating a supportive and dynamic environment for members of the management team. We have a complex business and operational relationship with The Langham Chicago, housed on the first 13 floors of the building, and that has led to some interesting experiences. For example, several pop and rock bands stay there, and hundreds of people are suddenly waiting on the plaza for a sighting. We have had to sneak a couple of groups through the dock because of that.… Read More

Project Profile: Readerlink build-to-suit

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Print sales are hot, with the industry seeing its third straight year of sales growth in 2016. In fact, distribution networks require more sophistication than ever as booksellers strive to meet the immediate and highly specialized demands of their customer bases.

Click below for our Project Profile on Readerlink, the largest full-service distributor of hardcover, trade, and paperback books to nontrade channel booksellers in North America.

Readerlink

Identifying the Salt Lake City area as the consolidation of its Western U.S. distribution network, Readerlink tapped the JLL team to identify a hub facility. With nothing existing on the market, our Build to Suit Practice Group assembled a cross-functional team, from financing experts to project management pros, to assess the viability of a build-to-suit assuming a long-term lease and Readerlink’s credit.

Building a 500,000-square-foot distribution center in the middle of a brutal Salt Lake City winter is challenging enough. Making the entire process financially viable while shifting delivery and budget risk (including winter conditions) onto the developer and landlord was critical.… Read More

Women’s History Month: Being bold for change at JLL

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women's history month

Women’s History Month originated on March 7, 1982 as Women’s History Week. In 1987, Congress passed the first joint resolution to designate March as Women’s History Month. Leading up to International Women’s Day on March 8 and beyond, JLL Chicago came together to celebrate and speak out.… Read More

Everybody gets a roof deck: Fulton Market goes from Oprah to office mecca

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We’ve all seen it before. The meatpacking plant becomes the pioneering coffee shop becomes the hippest new neighborhood on the fringe. With 54 percent of the world’s population now living in urban areas and one million more moving to cities each week, the demand is there for these once-neglected submarkets to become cities’ greatest assets. For a prime local example, look no further than Fulton Market.

Fulton Market

Unlike the sleepy, 9-to-5 CBD and over-saturated River North and West Loop submarkets, Fulton Market offers off-the-beaten-path edge just minutes from downtown and is beginning to host an ever-widening array of uses. How did it all start? As one of Oprah’s “Favorite Things.”… Read More

Project Profile: mHUB

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mHUB

JLL was on the scene last week for the grand opening of mHUB and as you can see, sparks were flying. Chicago’s first innovation center for physical product development and manufacturing, mHUB is a collaboration among Chicago’s leaders in business, innovation and research.

“Developing and manufacturing physical products is a capital intensive process and involves a steep learning curve,” said Haven Allen, mHUB co-founder and executive director. “Our industry partners will help fund crucial physical assets for mHUB that our early-stage innovators need to improve their odds of getting to market faster.”

Take a look at mHUB’s story below, where our Tenant Representation and Project and Development Services teams partnered to deliver manufacturing’s future:… Read More

Introducing JLL’s Build to Suit Practice Group

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Building a distribution center in the middle of a brutal Salt Lake City winter is challenging enough. Making the entire process financially viable while shifting delivery and budget risk (including winter conditions) onto the developer and landlord is what JLL’s Build to Suit Practice Group does best.

Build to Suit Practice Group

The JLL Chicago team of John Musgjerd, Ben Erskine and Steven Spinell recently changed their name to clearly reflect what they do best: build-to-suits on behalf of their clients. After completing Zurich North America’s critically acclaimed Schaumburg headquarters, the team, along with partner Todd Schaefer, connected with book publisher and distributor Readerlink on an entirely different project—a new 500,000 square-foot industrial distribution center servicing the western U.S.… Read More

Getting to know Steven Spinell

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A lifetime committed to becoming a professional hockey player taught Steven Spinell the value of hard work, time management and teamwork. Coming from a real estate family opened his eyes to the endless opportunities for success in the industry.

After bonding with fellow Miami of Ohio alum Ben Erskine on JLL’s Suburban Tenant Representation team, Steven joined as Associate in 2016, focusing on companies in the North Market as well as national business development for JLL’s Build to Suit Practice Group. “It’s unbelievable how much detail goes into the build-to-suit process. Through years of experience and high-profile projects, John Musgjerd and Ben Erskine have mastered all the moving parts,” said Spinell.

Steven Spinell

Typical day: I’ve transitioned from a team support role to being the boots-on-the-ground guy. I focus on business development, primarily in the North Market under Dan McCarthy‘s guidance, as well as pursuing build-to-suit opportunities for our practice group. You’ll find me on the phones prospecting, working on financial analyses and providing transaction support.

The 411 on JLL’s Build to Suit Practice Group: Build-to-suit projects are tremendously risky and complex.… Read More

Retail Series Part 3: Getting to know Jim Harris

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Jim Harris has the opportunity to help shape a cultural icon. Senior General Manager, Retail at Navy Pier, he is part of a team that’s completely reimagining the 100-year-old historic landmark. “We don’t want to create a boardwalk atmosphere, we want to be a place where people come and interact with the landscape of the City of Chicago,” Jim says.

JLL won Navy Pier’s accounting contract in 2012, retail management in April 2015 and just won specialty leasing and brand activations. Jim came on for the first day of the management assignment and didn’t want to leave. What other property could make him the primary contact for seven boats and in close touch with Chicago’s top restauranteurs? It’s a different world than managing a mall.

Jim Harris

This holiday season: Navy Pier retailers do 75 percent of their sales between April and September, which means this time of year provides an opportunity for creative thinking. With highly attended events like upcoming “The Voice” auditions in January and the Chicago Flower & Garden Show in March, we’re giving the off-season a traffic boost ahead of a major retail transformation.… Read More

Getting to know Keara Fanning

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Keara Fanning‘s passion for the environment has evolved since she started chasing butterflies and dreaming of swimming with beluga whales. JLL’s Midwest Sustainability Practice Lead found her way into the world of wellness in the workplace, where sustainability can go a long way toward boosting employee satisfaction.

“Environmental sustainability and energy efficiency are now the expectation for our clients, with trends moving toward health and well-being,” Keara says. “We’re making sure the spaces we design and occupy not only make healthier and happier employees but also allow them to be more productive.” Enter the Well Building Standard, a type of “nutritional label” for a space that Keara and team are pursuing for a large corporate client. Let’s dive in.

Keara Fanning

In Hawaii with my fiancé Rick

Typical day: I handle all sustainability projects for the Midwest, including LEED certification, WELL Building Standard, energy retrofits and carbon reporting. We work on both new construction and existing buildings and frequently partner with other JLL business lines from project management to property management to our portfolio energy managers on corporate accounts.

Well, what’s a WELL Building anyways? WELL has overlaps with LEED, including indoor air quality and lighting, but lighting for WELL measures “melanopic lux,” which accounts for different colors in light. For example, if you sit in blue light all day, it throws off your circadian rhythm. WELL also accounts for an office’s fitness opportunities and the nutritional content, particularly sugar, of its available food and drinks (meaning no larger than an 8 oz. Pepsi). WELL sends an assessor once the project is occupied to test light, air and water quality.… Read More

Project Profile: Zurich North America

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Today’s headquarters decisions are more important than ever, driving companies’ recruitment, retention and brand strategies. When available space in the market doesn’t fit with the corporate vision, some companies are choosing to build new to create a truly personalized workplace of the future.

Build-to-suit projects are inherently complicated and risky. That’s why we have a dedicated team that takes an entirely different approach, offering our clients greater transparency and control.

Take a look at JLL client Zurich North America’s story below, where our Build-To-Suit Practice Group partnered with JLL’s Project and Development Services team to deliver a state-of-the-art headquarters campus in Schaumburg:… Read More

Chicago Tech Series Part 4: Getting to know Sam Kennedy

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Just call Sam Kennedy the startup whisperer. He spent four years in a dual role at the venture firm Guild Capital and running a national tech conference, Techweek. Working with early-stage tech companies from around the world in both gigs helped him recognize patterns and apply them to help run their businesses more efficiently.

After connecting with JLL brokers at tech events around the city, Sam joined the team as Vice President and Tech Practice Group Lead to elevate the way JLL interfaces with startups in the Chicago market and beyond. “At a time when I was thinking about how I might harness my network to try something new, JLL gave me the best of both worlds. The support of a Fortune 500 real estate company with the opportunity to start an entrepreneurial project,” Sam says. Let’s learn more.

Sam Kennedy enjoying the outdoors

Grays Peak in Colorado along the Continental Divide., this past summer

Typical day: I’m always on my feet, getting to know landlords and leasing agents around the city and catching up with entrepreneurs and tech startups. It’s my job to inform JLL’s service lines on which companies are growing. It’s about changing our internal framework and modernizing the way JLL pursues the new generation of companies out there. While that might mean less cold calling, the business is still very relationship-based with authentic connections being made online and in-person. Data is also more widely available than ever, which makes us differentiate by thinking through the personality of a company and how they can interpret existing data to make strategic decisions.… Read More

In the community: JLL Chicago gives back in 2016

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Making a meaningful difference in our community is one of JLL Chicago’s top priorities. In 2016, we came together as a team and chose to focus our charitable engagement around three incredibly important organizations: American Heart Association, Leukemia & Lymphoma Society and Misericordia.

Let’s look back at some of this year’s efforts, which resulted in nearly $50,000 in contributions to these invaluable groups.

American Heart Association

JLL community engagement - American Heart Association Heart Walk

JLL Chicago’s Heart Walk team

Through Managing Director Jesse Van Dyke, JLL Chicago has had a strong relationship with the American Heart Association for more than 15 years. In addition to representing the organization’s Midwest real estate needs, Jesse’s connection is extremely personal.… Read More

American Cancer Society’s Taste of Hope 2016: First Bite

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Hungry Chicagoans will flock to Venue One in the West Loop tomorrow evening for the third annual Taste of Hope, the American Cancer Society’s premier foodie event in Chicago that has raised more than $500,000 over the past three years. We caught up with JLL Senior Managing Director Jeff Liljeberg, event co-chair, and some restaurant participants for a taste of tomorrow’s menu.

Event Co-Chair – JLL’s Jeff Liljeberg

Taste of Hope 2016

Mike Yazbec, Jeff Liljeberg, Carrie Ward and Mark Johnson at last year’s Taste of Hope. Photo credit: Matt Kosterman Photography

How did Taste of Hope get started and what does it mean to you?

I have been on the Chicago board of the American Cancer Society for close to 20 years and the fight against cancer is very important to me. Family and friends have been impacted. This event was conceived four years ago and intended to be our board’s own signature event. We’ve taken ownership of the process and are so proud to see how it has grown.… Read More

Project Profile: Arnstein & Lehr

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Today’s law firms need to upgrade their space to stay competitive and attract top talent, but lower vacancy and higher-priced new construction are creating substantial upward rent pressure.

Second-generation law firm offices coming to market in 2017 present significant opportunity. Firms willing to consider these spaces will have great options with reduced out-of-pocket firm capital.

Take a look at JLL client Arnstein & Lehr’s story below, where leveraging a unique sublease is leading to major office upgrades:… Read More

JLL Chairman Sheila Penrose named to Crain’s 100 Most Connected List

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JLL Chairman Sheila PenroseCrain’s Chicago Business, in partnership with RelSci, recently announced its list of the 100 most connected Chicago business people. We’re proud that JLL Chairman Sheila Penrose ranked 11th on that list, and caught up with her to learn more about who she connects with and why.… Read More

JLL’s Guide to Open House Chicago 2016

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Open House Chicago 2016

Thousands upon thousands of architecture buffs and urban explorers will descend upon the city this weekend for the Chicago Architecture Foundation’s Open House Chicago, which offers behind-the-scenes access to more than 200 buildings across the city on Saturday and Sunday from 9am to 5pm.

JLL Chicago is proud to have four of its buildings under management participating in this free public festival. Enjoy this handy guide to our buildings and get to know a member of each management team along the way. Hope to see you there!

Read More

Getting to know John Brogan

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John Brogan began his real estate career at a young age. At 10, he was helping his mom invest in and flip residential properties, and by 16 they had amassed an 11-property portfolio around his hometown of Nashville, Indiana. “We moved a lot, but I became well-versed in finance and rent collection. I also had a lucrative lawn-mowing gig,” John jokes.

After four years in the military post-college developing his leadership and problem-solving skills, John came back to his childhood business and began to think bigger. The world of commercial real estate beckoned and he joined JLL Chicago’s Suburban Tenant Representation team as an Associate in June. We decided to get to know him a little better in the first installment of our new profile series.

John Brogan Motorcycle

My first motorcycle – a gift to myself after my deployment.

My typical day: My No. 1 job is business development for my teammates and mentors, Eric Kunkel and Scott Ohlander. I’m the boots on the ground in the suburban market, connecting prospects to our team’s combined 41 years of industry experience. In addition to business development, my focus includes client relationship management and lease consulting and negotiation for office tenants.

Hometown: Nashville, Indiana. It’s a 1,000-person town founded in the early 1800s as an artist colony. A little-known tourist destination in the hills of Indiana.… Read More

JLL Chicago Football Greats Share NFL Draft Predictions

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The 2016 NFL Draft’s first round kicks off tonight, and we have the perfect view of Draft Town from JLL’s headquarters at Aon Center. In anticipation, we checked in with our former football stars for their Chicago Bears’ predictions:

NFL Draft

Name: Kurt Kittner
Title: Managing Director, Downtown Tenant Representation
Played for: Chicago Bears, Atlanta Falcons, University of Illinois
Position: Quarterback
Best known for: Winning the Big Ten Championship. Career leader at Illinois with 70 touchdown passes and 24 wins.
Hopes the Bears draft: Zeke Elliott, Running Back at Ohio State.… Read More

Our new class of Retail associates

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With ICSC Chicago Deal Making in the rearview mirror, JLL’s starting lineup of Retail associates sat down with us to talk trends, submarkets and their favorite places for retail therapy.

Zac Lewinski

Lewinski Zac

What part of the city do you live in and where do you like to shop?

I live in the western suburbs in Medinah. If I’m home, you’ll find me shopping at Oakbrook Center. When I’m downtown, I like to explore the stores on Michigan Avenue and State Street. If you’re looking to stay on-trend at a new, upstart retailer in Chicago, check out Shinola in Bucktown for watches, bicycles and leather goods.

What’s Chicago’s most up-and-coming retail submarket?

The West Loop. Expect to see larger national tenants testing the waters in the area, which has become a tech office mecca and is beginning to establish itself as a retail presence in Chicago. Everyone is swarming around the neighborhood, but the floodgates will really open once a big name brand takes that first step.

What’s the biggest retail trend nobody is talking about?

The pop-up shop. It’s an innovative way to use empty space and carries a low financial commitment for retailers looking to short-term test the success of particular locations. Canadian retailer Kit and Ace is trying one in the West Loop for one year to evaluate its prospects in the market.

What retailers will we see growing in Chicago in 2016?

Fast casual dining options will continue to dominate as a growth market in Chicago retail, with the biggest need in the West Loop. South African chain Nando’s has been a prime mover in this space with three locations already open around Chicago, and a unique example of an out-of-town retailer entering the city in a young market like the West Loop.

What’s your favorite retailer space in Chicago and why?

The Nike flagship at 669 N. Michigan Ave. Like other successful big brand flagships that “just do it,” the space and customer experience do a great job marketing the brand. The size and scale of flagships may not correlate to comparable in-store sales, but the positive effects on brand identity are immeasurable and difficult to achieve via online channels alone.… Read More