JLL has hired an expert industrial brokerage team in Downtown Los Angeles. Jon Reno, Mark Vanis and Trevor Gale have joined the firm as managing directors, and they will represent institutional owners and occupiers in the Greater L.A. market.
The team has a combined 60 years of experience and has collectively completed $1 billion in transactions. Charlie Smith, JLL senior managing director and Los Angeles brokerage lead, calls the three brokers a "premier industrial brokerage team" in Los Angeles.
The Los Angeles industrial market has had a wildly successful year, building on already record-breaking activity. The market has led the country in leasing activity and rent growth in the last year. According to Yardi Matrix, rents grew by nearly 7% through the middle of last year, and the vacancy rate fell to .52%.
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Kelsi Maree Borland
