HOUSTON—Newly hired vice president Jack Russo, part of JLL's expanded agency leasing team, will represent both institutional and private owners in the marketing and leasing of office properties. Russo recently offered insights into just how much the damage from Harvey will factor into the overall real estate market. In this exclusive, Russo recently discussed the office market and some of the trends he is seeing, along with an assessment of Harvey's impact.
Globest.com: Houston's office market is extremely tenant favorable and looks to be so for a while. Why is now the right time to join JLL?
Russo: It's never a bad time to join a great team. Personally, I did not want to transition, start over in a sense, in the chaos of a hot office market. Opportunities to add value abound when the market is tough; not as much when class-A vacancy is in the single digits.
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