Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

JONES LANG LASALLE INCORPORATED

(JLL)
  Report
Delayed Nyse  -  04:00 2022-10-04 pm EDT
167.99 USD   +6.35%
10:32aJones Lang Lasalle Incorporated : Grocery-anchored center in coastal South Carolina sells for $25.2M
PU
08:01aJLL Announces Date for 2022 Investor Briefing
PR
09/29JLL Announces Executive Changes
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Jones Lang LaSalle Incorporated : Class A self-storage facility in Austin sells to Extra Space Storage

08/04/2022 | 08:58am EDT

HOUSTON - August 3, 2022 -JLL Capital Markets announced today that it has closed the sale of Woodland Self Storage, a 92,288-square-foot, 952-unit, class A storage facility in Austin, Texas.

JLL marketed the property on behalf of the seller, Endeavor Real Estate Group. Extra Space Storage purchased the asset. The sale closed on July 19th.

Woodland Self Storage is a state-of-the-art climate-controlled facility built in 2019 with an irreplaceable location along Interstate 35, immediately to the south of Downtown Austin at the intersection of I-35 and Woodland Avenue. With over 400 feet of prime highway frontage, the property benefits from excellent visibility to over 200,000 vehicles per day. The facility was 70% occupied at the time of sale and is fully equipped with best-in-class features and amenities, including electronic access control, secure fencing, elevator access, 24-hour video surveillance and a retail-oriented customer service office.

The property is further benefited by the explosive population in-migration and residential growth currently being experienced in Austin. More than 8,600 new apartment units and 730 new single family home sites are currently being added within a three-mile radius of the property. Woodland Self Storage is located within the Travis Heights neighborhood, which boasts an average household income of $112,000 and a median home price of over $1.3 million, ranking it among the most affluent neighborhoods in Austin.

The JLL Capital Markets team representing the seller was led by Managing Directors Steve Mellon and Brian Somoza and Directors Adam Roossien and Matthew Wheeler.

"Endeavor Real Estate Group is a preeminent real estate company in virtually every category, and the quality and location of Woodland Self Storage is yet another example of their development expertise," said Mellon. "The property attracted significant attention from the acquisition market, and we are excited to see Extra Space Storage add this property to their portfolio."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit our newsroom.

Disclaimer

Jones Lang LaSalle Inc. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 12:57:07 UTC.


© Publicnow 2022
All news about JONES LANG LASALLE INCORPORATED
10:32aJones Lang Lasalle Incorporated : Grocery-anchored center in coastal South Carolina sells ..
PU
08:01aJLL Announces Date for 2022 Investor Briefing
PR
09/29JLL Announces Executive Changes
CI
09/29Jones Lang Lasalle Incorporated : Class A Industrial portfolio in Dallas suburb finds new ..
PU
09/29Jones Lang Lasalle Incorporated : Boston-area cold storage facility sells for $36M
PU
09/28Jll : Why social causes are rising up hotels' agendas; Hotels are focusing on people as we..
AQ
09/28JLL appoints Erin Meezan as Chief Sustainability Officer
PR
09/28JLL Appoints Erin Meezan as Chief Sustainability Officer
CI
09/28Jones Lang Lasalle Incorporated : Northern New Jersey self-storage asset refinanced with $..
PU
09/23Jones Lang Lasalle Incorporated : $90.5M sale of newly built industrial park near San Fran..
PU
More news
Analyst Recommendations on JONES LANG LASALLE INCORPORATED
More recommendations
Financials (USD)
Sales 2022 10 193 M - -
Net income 2022 883 M - -
Net Debt 2022 1 521 M - -
P/E ratio 2022 9,48x
Yield 2022 -
Capitalization 8 050 M 8 050 M -
EV / Sales 2022 0,94x
EV / Sales 2023 0,94x
Nbr of Employees 98 200
Free-Float 92,0%
Chart JONES LANG LASALLE INCORPORATED
Duration : Period :
Jones Lang LaSalle Incorporated Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JONES LANG LASALLE INCORPORATED
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 167,99 $
Average target price 253,57 $
Spread / Average Target 50,9%
EPS Revisions
Managers and Directors
Christian Ulbrich President, Chief Executive Officer & Director
Karen Brennan Chief Financial & Investment Officer
Siddharth N. Mehta Chairman
Allan Frazier Global Chief Information Officer
Benjamin Breslau Chief Research Officer
Sector and Competitors
1st jan.Capi. (M$)
JONES LANG LASALLE INCORPORATED-37.63%7 569
CBRE GROUP, INC.-35.23%22 091
KE HOLDINGS INC.-14.91%21 590
CAPITALAND INVESTMENT LIMITED2.05%12 088
ZILLOW GROUP, INC.-52.57%7 111
FIRSTSERVICE CORPORATION-34.33%5 291