JLL Office Leasing Team Zeros in on Data
JLL is using tenant representation, technology, research and capital markets teams to provide clients with data and services, and recently named Jeff Eckert as the head of JLL US office agency leasing.
DALLAS—As the new head of JLL US office agency leasing based in Dallas, managing director and industry veteran Jeff Eckert will oversee national strategy. In addition, he will drive key initiatives to help enhance client service and relationships.
“Jeff is an exceptional leader within our firm and our industry,” said Jay Koster, JLL group head, Americas capital markets and investor services. “He is a natural choice for this role, given his passion to lead and innovate with technology, his strong relationships with many of our largest national clients, his dedication to fostering talent, and his commitment to evolving and growing the office agency leasing business.”
Eckert has held multiple leadership roles during the course of his 13-year tenure at JLL, serving most recently as the leader of office agency leasing and property management in Dallas and chair of the agency leasing council. In his new role, Eckert will continue to chair the council and will join the brokerage executive committee.
“JLL continues to elevate the level of services for owners, investors and tenants. Jeff will be a great advocate with a national reach and tremendous resources to create value for our clients. His familiarity with the platform and relationships in the field will bring a galvanizing effect to our investor suite clients and services,” said TD Briggs, JLL managing director.
Briggs and managing director Joel Pustmueller, who both joined JLL through the acquisition of Peloton Commercial Real Estate in 2002, will succeed Eckert in co-leading the leasing business in the Dallas-Ft. Worth market.
“We are extremely excited about the future of JLL. We are harnessing the power of our tenant representation, technology, research and capital markets teams to provide our clients with the best data and services available in our industry,” Pustmueller tells GlobeSt.com.
Last year was one of Dallas’ strongest years of the decade, posting more than 4.6 million square feet of net absorption, according to JLL’s fourth quarter 2019 report. Nearly half or 47% of 2019’s net absorption came in fourth quarter on the back of new deliveries. Las Colinas led all submarkets in absorption by a landslide with 1 million square feet during the quarter. Net absorption continues to exceed new supply for the market overall. The Uptown submarket has recorded the greatest spread between demand and supply as new product that delivered in late 2018 and early 2019 fills up, says the JLL report.