JLL Sells 1.3 Acres in Downtown Phoenix for Planned High-Rise Residential Project

The Phoenix office of JLL has completed the sale of just over 1.3 acres in the heart of downtown Phoenix. The buyer plans to use the land for a yet-to-be-named residential high-rise development project, in a sector of downtown that is thriving with rent, employment and population growth. JLL Executive Vice Presidents John Cunningham and Charles Steele represented the property owner,…