Executive Updates

JLL’s Phoenix Capital Markets Group Hires Leading Institutional Office Expert

Will Mast will focus on institutional office investment sales advisory in the Phoenix market

JLLCapital Markets announced today that seasoned broker, Will Mast has joined the firm as a Senior Director in its Phoenix office. Mast, working together with Senior Director Ben Geelan, will focus on the sale of institutional office assets throughout the growing Phoenix MSA.

Mast has 15 years of impressive experience in commercial real estate, and, since 2010, has been involved in more than 100 transactions totaling over $3.5 billion in value. A graduate of Southern Methodist University, the Phoenix native is a member of Urban Land Institute and National Association of Industrial and Office Properties.

“I couldn’t be more thrilled to join JLL and to partner with Ben, whom I’ve always admired personally and professionally,” said Mast. “We’re entering an incredible time for Phoenix real estate and I’m excited to get to work.”

The Phoenix JLL office has closed $957 million in office investment sales, equity and debt advisory transactions through third quarter 2021 and has a strong pipeline going into the end of the year.

“We couldn’t be more excited for Will to join the JLL team in Phoenix,” added Geelan. “Will is an ideal cultural fit for the office and someone I’ve had a personal relationship with for years. We look forward to hitting the ground running and continuing to build on the momentum we are experiencing right now in Phoenix.

According to JLL’s Phoenix Office Insight – Q3 2021, the fundamentals of a business-friendly environment, along with a diverse workforce, continue to stir interest in Phoenix as one of the nation’s most attractive metro areas to relocate and expand. The Phoenix office market shows signs of improvement due to a recent increase in out-of-state companies looking at Phoenix as a long-term investment to take advantage of the lower costs of doing business and a rapidly growing talent pool.

“This is a unique opportunity to bring two talented stars together at JLL,” stated Kevin MacKenzie, Executive Managing Director, West Region Capital Markets. “Will and Ben’s combined experience, paired with our market leading debt and equity expertise and robust leasing and tenant rep platform, creates an incredibly dynamic team in the market for years to come.”

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 and sales 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.

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