Washington, DC

“My guess is it's going to be mid-year before people are able to fully think through all of the ramifications of making a choice of entity decision.”

Some of these deals are leftover from transactions that began in 2017.

“The property also aligns with our strategic initiative to invest on behalf of our clients in high quality assets in infill locations within walking distance to mass transit.”

“I think it's interesting because Amazon showed its hand in terms of what tenants look for and that's always what we are trying to find out -- where the tenants want to be.”

The average occupancy rate of office properties sold in 2017 was 71%, JLL said.

“Through this process we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation.”

“This is also about creating the model and then pushing that out to our developers with which we do business across the US.”

Called Enhanced Resident Services, the product encourages property owners to provide services that improve tenants' health and wellbeing.