$JLL

JLL appointed Nishant Kabra as Managing Director for Bengaluru, where he will lead operations across all business lines and continue as Managing Director for Investment Sales and Debt Advisory in India’s Capital Markets. JLL cited Bengaluru’s office market scale and leasing activity, including 43.4 million sq ft GCC leasing (2022 to H1 2026) and 243.7 million sq ft Grade A stock.

JLL appointed Nishant Kabra as Managing Director for its Bengaluru operations, overseeing all business lines while keeping his Capital Markets role. JLL said Bengaluru led India’s GCC leasing with 43.4 million sq ft (38% of India total) from 2022 to H1 2026, and delivered 8.3 million sq ft net absorption in H1 2026. The move targets growth in Bengaluru’s office market.

JLL appointed Nishant Kabra as Managing Director for Bengaluru, overseeing the firm’s operations across business lines. JLL said Kabra has nearly two decades of commercial real estate experience and will also continue as Managing Director, Investment Sales and Debt Advisory. The article cites Bengaluru GCC and office absorption data from JLL and links the move to demand for premium space.

JLL said Sterling Properties and Danbro Properties broke ground on Plaza Greene, a Fair Lawn, NJ mixed-use project with 145 age-restricted apartments and 24,035 sq ft of retail anchored by Sprouts Farmers Market. JLL reported a $66.85 million construction loan from PCCP and U.S. Bank. The project is at 22-01 Fair Lawn Ave., near NJ Transit’s Radburn station.

JLL Capital Markets arranged a $213 million, three-year refinancing for 360 North Green, a 500,000 sq ft Chicago office tower in Fulton Market. The loan was placed through Barings for the borrower, with institutional investors advised by J.P. Morgan Asset Management and Sterling Bay. The 24-story building delivered in 2024 is 76% leased, with tenants including Boston Consulting Group and Greenberg Traurig.

The article says Blackstone and Goldman Sachs, via Anthropic’s $1.5 billion Claude Partner Network renamed Ode, and OpenAI’s $10 billion Deployment Company with TPG and Brookfield, are building AI for real estate portfolio workflows. It cites CRETI data: proptech VC hit $16.7B in 2025, with AI-native $4.5B. It also notes major proptech firms’ $9.2B fiscal 2025 revenue.

JLL Capital Markets arranged $213 million in refinancing for an eight-property Class A industrial portfolio totaling 2.2 million sq ft across Chicago, Orlando, Philadelphia, Sacramento and Washington, D.C., according to JLL. The loan was sourced via PGIM Real Estate and includes fixed and floating-rate tranches. The portfolio is 98% leased to 12 tenants.

JLL Capital Markets arranged joint venture equity and a $70 million construction and pre-development loan for Aurora Oaks Phase I-III, a 1,096-unit master-planned community in Ocala, Florida. JLL represented Calibrex Developments in partnering with Southern Impression Homes, a Sumitomo Forestry-owned builder. Phase I starts July 2026, completion expected 2028.

JLL said it expanded its Southern California retail brokerage team by hiring Dennis Borowsky as Senior Vice President, based in Irvine. Borowsky will focus on Orange County, Los Angeles and nearby areas, working with property owners and tenants. JLL added that it now oversees leasing of more than 20 million sq ft of retail properties in the region.

Jones Lang LaSalle (JLL) reported Q2 2026 results driven by its “One JLL” strategy and resilient business lines. Management raised full-year 2026 adjusted EPS guidance to $24.60–$25.90 and targeted mid-to-high teens leasing and mid-teens capital markets revenue growth. It cited advisory revenue up 21%, office bifurcation, and risks from slower capital raising.