JLL provides global real estate and investment management services for corporations, governments, financial institutions, and property owners. It helps clients buy, sell, lease, and manage properties, while offering advisory work, property management, leasing, capital markets, workplace strategy, sustainability, and technology solutions; revenue comes from service fees, commissions, and management fees on assets under management. It differentiates itself as a large, integrated, globally operated platform with end-to-end coverage across property types and markets, plus a focus on ethical practices and sustainability. The goal is to help clients manage and invest in real estate more effectively through comprehensive advisory and execution services and by growing assets under management.
Company Size
10,001+
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
1999
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401(k) plan
Comprehensive Medical, Dental & Vision Care
Paid parental leave
Paid Time Off
Company Holidays
401(k) plan with matching company contributions
Health Insurance
Flexible Work Arrangements
Gym Membership
Health Insurance
Private Health Insurance Discounts
Employee assistance program
Novated Lease for EV Cars
Wellness Program
Social Club
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Reference to flexible work arrangements
Paid Holidays
Paid Time Off
Hybrid Work Options
Remote Work Options
Paid Vacation
Sabbatical Leave
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AI data centre boom strains power grids, fuels battery storage investment race. Surging AI and data centre demand is straining global power grids, pushing tech firms and investors toward battery storage and direct renewable energy acquisitions to secure reliable electricity, according to JLL. JLL, a professional services firm specialising in real estate and investment management, has outlined how artificial intelligence and data centre expansion are affecting global power markets, citing both infrastructure constraints and investment implications. A decades-long trend of stable or declining electricity demand has reversed. North American data centre capacity is projected to nearly double from 57 GW to 109 GW by 2030, while hyperscalers have committed $200 billion in capital expenditure for 2026 alone - a 51% increase from 2025. According to JLL's global Energy & Infrastructure Advisory platform, securing power infrastructure has become a key constraint in the expansion of AI-related computing capacity. Grid infrastructure emerges as primary constraint. Transmission infrastructure, originally designed for large, centralised power stations, is struggling to accommodate a decentralised influx of new renewable energy sources. This has created grid congestion in primary markets across the U.S., Europe and Asia Pacific. Despite the record capital expenditure figures cited above, interconnection queues for new renewable projects now extend to four years or more in some regions, with certain areas forced to pause new connections entirely. These dynamics are playing out at different speeds across key markets. In the U.S., interconnection reform and merchant power exposure are reshaping deal structures. In Europe, regulatory frameworks are evolving unevenly across member states. In APAC, data centre build-out is outpacing grid planning in several markets, according to JLL. Battery storage positioned as infrastructure solution. Battery energy storage systems are being used as infrastructure to manage grid constraints and renewable energy intermittency. JLL's Energy & Infrastructure Advisory advised on the disposal of a 395MW/790MWh operational battery energy storage system (BESS) portfolio in the UK, which JLL describes as the largest operational sale in Europe to date and says it established a new pricing benchmark for the market. The transaction earned JLL three awards at the 2026 Tamarindo Energy Storage Investment Awards, including Financial Advisor of the Year and M&A Deal of the Year. Regional dynamics drive partnership models. Grid access challenges are prompting collaboration between energy developers and data centre operators across global markets. Some technology companies are becoming direct participants in the energy market, with some acquiring operating renewable assets outright to secure power supply. In one example, a Bitcoin miner in Texas purchased an operating wind farm that JLL was marketing, in order to secure its power infrastructure. JLL says this demonstrates that energy users are willing to pay above market rates for reliable power supply. According to JLL, investment opportunities extend beyond traditional power generation to assets that provide flexibility and certainty in constrained markets. The firm says power access has evolved from an operational consideration to a factor affecting asset viability and valuation.
Deer Valley East Village taps JLL's 10Twelve to lead retail leasing for Village's commercial core. Boutique retail platform to curate 70+ shops, restaurants and dining experiences across 180,000+ square feet, with initial openings targeted for the 2028/2029 ski season. Deer Valley East Village // Sept 24, 2026 PARK CITY, Utah - Extell Development Company has selected JLL, and its boutique retail leasing platform 10Twelve, to lead retail and restaurant leasing for Deer Valley East Village, the first new alpine village built in North America in more than 40 years. 10Twelve will curate a collection of 70+ shops, restaurants and dining experiences across more than 180,000 square feet of commercial space, withDeer Valley East Village's retail and commercial openings targeted to coincide with the 2028/2029 ski season. Deer Valley East Village is set at the base of Deer Valley Resort's expanded terrain in the Wasatch Mountains overlooking the Jordanelle Reservoir. The next milestone in the mixed-use development, anticipated in late 2027, will bring online the East Village Lodge which will house Deer Valley Skier Services, the Four Seasons Resort and Residences Deer Valley Residence Tower, and initial commercial spaces, establishing the pedestrian plaza, resort access and five-star hospitality that will define the village. The following phase will coincide with the start of the 2028 ski season and include the opening of the Four Seasons Resort and Residences Deer Valley Hotel tower, Waldorf Astoria Deer Valley Resort and Residences, the first phase of Cormont residences, Marcella at Deer Valley, a residential neighborhood comprising 144 on-mountain home sites and 50 townhomes anchored by two on-mountain private lodges, and the majority of the retail and dining experiences within the village core. The remaining residential and retail is expected to be completed by 2030 thus marking the full build-out of Deer Valley East Village. 10Twelve will work closely with Deer Valley East Village's ownership and development partners to design a merchandising strategy and tenant mix tailored specifically to Deer Valley East Village that pairs national and regional retailers with emerging, localand experiential concepts intended to feel distinct to the mountain setting and aligned with the destination's five-star positioning. "Deer Valley East Village represents a rare opportunity to help define the retail and dining identity of a world-class mountain destination from the ground up. Our team is working with Extell to blend nationally recognized brands with emerging and localconcepts that reflect what makes Deer Valley East Village special. This is about creating a destination that becomes a lasting, welcoming part of the community fabric, something residents and visitors alike make their own." - Molly Morgan, Managing Director, 10Twelve, Retail Leasing Advisory at JLL. The retail and dining program is designed to serve residents, hotel guests and day visitors alike, complementing a broader amenity program that includes North America's largest ski beach and 60,000 square feet of recreation space. Commercial spaces are woventhroughout the pedestrian village core, anchoring the experience around the community ice rink, outdoor amphitheater and ski beach. That vibrancy extends beyond winter, where the village is programmed for year-round activity, with summer activations throughoutthe village core, live music in the outdoor amphitheater, and access to more than 50 miles of interconnected hiking and biking trails. "Deer Valley East Village was intentionally built to be a place people want to be all twelve months a year. It's been designed so that time spent in the village is just as much a part of the alpine lifestyle as the time spent on the mountain. Our food, beverageand retail program is central to the destination's character, it's what turns the village from a place you pass through into a place you live, gather and come back to time again. Partnering with 10Twelve gives us a curatorial partner who understands how tobuild a tenant mix with real identity, rather than simply filling square footage, and that's exactly the standard this village is held to." - Peter Peterson, Deer Valley East Village Senior Vice President, Food, Beverage & Entertainment Nationally, 10Twelve works across 58 projects representing approximately 9 million square feet, specializing in identifying and attracting a dynamic mix of national, emerging, regional and local retailers, restaurants and experiential concepts distinctive totheir markets. The Deer Valley East Village assignment adds one of the most closely watched new-build mountain destinations in North America to that portfolio. ABOUT DEER VALLEY EAST VILLAGE Deer Valley East Village, developed by Extell Development Company, is the premier new residential address in North American mountain real estate. The first new alpine ski village in North America in over 40 years, Deer Valley East Village sits at the base ofDeer Valley Resort's expanded terrain in the Wasatch Mountains above the Jordanelle Reservoir, 40 minutes from Salt Lake City International Airport via freeway. Deer Valley East Village is strongly focused on recreation, and the ski mountain is operated bythe renowned Deer Valley Resort. Nearly 1,700 private residences span the full ownership spectrum: luxury ski condominiums, branded hotel residences, gated townhomes, and private estate lots with golf club membership. Residential and commercial developmentpartners include Reef Capital Partners and Dart Interests. The village is anchored by world-class hospitality brands; Four Seasons, Waldorf Astoria, Grand Hyatt Deer Valley, with other eminent global brands as well as it includes notable emerging brands likeMarcella and Cormont at Deer Valley. The village's planned amenity program includes North America's largest ski beach, 60,000 square feet of recreation, and over 70 shops, restaurants and cafés. Deer Valley East Village represents both a lifestyle purchaseand a long-term investment in one of the world's most celebrated ski destinations. For more information, visit deervalleyeastvillage.com. ABOUT 10TWELVE 10Twelve is a boutique retail leasing platform within JLL focused on creating compelling, differentiated destinations through strategic merchandising and thoughtful tenant curation. Combining deep retail expertise, local market intelligence and the scale and resources of JLL, 10Twelve collaborates with owners and developers to develop and execute leasing strategies tailored to each property, its market and the customers it serves. Working across 58 projects representing approximately 9 million square feet nationwide, the team specializes in identifying and attracting a dynamic mix of national, emerging, regional and local retailers, restaurants and experiential concepts that are distinctive to their markets and aligned with each asset's positioning. Through strategic merchandising and tenant mix curation, 10Twelve helps clients strengthen asset positioning, enhance the customer experience and drive long-term value. JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500(R) company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
People moves: Chhavi Nayak, JLL. September 24, 2026 Why Chhavi Nayak returned to JLL to lead Data Centre deals. Chhavi Nayak joins JLL UK as Senior Director - Data Centre Transactions, with years of experience across Deloitte and JLL India JLL UK has strengthened its infrastructure and real estate advisory capabilities with the appointment of Chhavi Nayak as Senior Director - Data Centre Transactions. In her new role, she will lead transactional strategy and support client growth across the UK data centre sector. Returning to familiar ground. Chhavi made the move to JLL in August 2026 after spending three years and nine months as a Senior Manager at Deloitte UK. However, the corporate real estate firm is not fresh ground for her. She previously spent nine years at JLL India. During that time, she served as Director - Product Implementation and Sales - Flexible Spaces, where she managed national sales and acted as the single point of contact for the business's largest global product launch in 2019. Driving transaction growth. "Coming back to the world of data centres and JLL feels very special," Chhavi said on LinkedIn. "From my early years in infrastructure, to nine years at JLL India, where my data centre journey began, followed by an enriching 3+ years at Deloitte UK, this feels like a meaningful continuation of a journey that brings together many of the experiences, relationships and perspectives built along the way." Chhavi will work alongside Paul Foreman and the wider infrastructure group, operating out of JLL's 1 Broadgate office in London. "There is a truly talented and brilliant group of people across the team," Chhavi added, "and it will be a pleasure to contribute, collaborate and build on the great work already underway."
Walbridge's new data center firm snatches JLL leader. Matt Landek, who served as global president of data centers and critical environments at JLL, was hired as president and CEO of L5 Mission Critical. Published Sept. 22, 2026 First published on Dive brief: * L5 Mission Critical, a data center services company launched Sept. 16 by construction company Walbridge to provide data center services, has hired Matt Landek as president and CEO, the company announced Wednesday. * Landek served as global president of data centers and critical environments at JLL Work Dynamics, where he led a global workforce of 2,500 employees across 340 data centers. Detroit-based Walbridge is one of the country's largest privately held construction companies with more than 1,500 employees in North America. * With Walbridge, L5 Mission Critical will provide operational services for data center clients in enterprise facilities as well as gigawatt-scale campuses, Landek said in a statement. "As more service providers continue to consolidate, our ability to provide a flexible, transparent, community-based approach to operational delivery will pay dividends to the clients and the communities we serve," he said. Dive insight: Data center capacity in the U.S. is expected to double within the next three years, with nearly 45GW of additional capacity planned due to AI and cloud growth, according to Data Center Frontier. Currently, capacity is extremely limited, with most tenants securing space in small, fragmented blocks and contracting for 2028 deliveries, according to JLL's 2026 North America Data Center Midyear report. The challenge to procure and deliver new data center capacity is disrupting development pipelines and increasing reliance on existing, stabilized data centers, which already have contractually reserved capacity, largely protecting them from grid constraints and new interconnection moratoriums, Morningstar said in commentary released Aug. 5. While many data centers may not be able to support liquid cooling that is required to support AI GPU storage compute, they can be upgraded or retrofitted to support this new demand, says Sean Farney, vice president of data center strategy at JLL. L5 Mission Critical is targeting third-party data center clients by offering an integrated solution, with Walbridge providing construction and L5 providing operational assistance to clients looking for help transitioning from construction to facilities management, the company said in a news release. "L5 will differentiate itself by owning the handoff from construction and commissioning into live operations - the gap where most new data centers struggle through their first 12 months, and one no other provider has an incentive to close because each touches only a single link in the chain," Landek told Facilities Dive in an email. "We're pairing that ownership with 1) an operating model built for hyperscale from the start rather than retrofitted from legacy practice, 2) a century of Walbridge experience running complex mega-facilities, and 3) a workforce and community program that goes beyond what service providers typically offer." "As demand skyrockets, our clients not only need to get their projects up and out of the ground fast - they need critical operations and value-add services that reduce risk, ensure uptime and educate communities," said John Rakolta III, president and chief administrative officer of Walbridge. At JLL, Landek led the company's expansion into the data center market through acquisitions, internal initiatives and operations. He was involved in the firm's acquisition of data center technical and project management services company SKAE Power Solutions in 2024, which was combined with other JLL operations to form a new technical services division under Landek. In November, JLL struck an agreement with prefabricated AI data center solutions specialist InfraPartners to help it fast-track AI data center development and operations to provide an end-to-end delivery model to hyperscalers, colocation providers and enterprise clients. Before leading the company's data center operations, Landek led account teams at JLL across contracted services, including facilities management, engineering, employee experience, white space services, sourcing and procurement and project management. Prior to joining JLL in 2012, Landek worked as a facilities management professional for the Cook County government, spanning parts of Chicago and its suburbs. "Matt's expertise will allow us to scale our data center construction practice to a full build-to-operate model that our clients need in this complicated time," said Rakolta. To address workforce capacity constraints impacting the industry, L5 Mission Critical is also developing a data center workforce training curriculum that it says will create clear, accelerated pathways for skilled tradespeople, per the release. "High-density power and AI inference workload management require a different operator skill set than most FM professionals were trained for," Landek said. "The handover from construction to the operating team is exposing new problem sets for operations teams not equipped for the demands and pressure of these operations. The market has not caught up on credentialing, training, or career pathways for these environments which is driving up demand for those experienced technicians." Organizations that develop targeted, hands-on training programs and provide greater lead time in onboarding will be successful, he said.
California People and company News, week of sept. 18, 2026. * JLL Capital Markets has expanded its Debt Advisory platform with the addition of Senior Director David Ghannadi to its Orange County Capital Markets team. In this role, Ghannadi will be primarily responsible for originating debt and equity solutions in the private capital sector of commercial real estate owners located on the West Coast, working alongside clients to structure and place financing solutions that align with their investment strategies and capital needs. He joins JLL from Columbia Bank where he was responsible for commercial real estate and multifamily lending. He held similar roles at Pacific Premier Bank, Convoy Capital and Banc of California. * Stockdale Capital Partners today announced the launch of a real estate credit platform and the appointment of Alec Maki as SVP of Credit Investments, expanding the vertically integrated real estate investment firm's strategy beyond equity investments. The new platform will focus on providing flexible capital solutions nationwide, including senior bridge loans, mezzanine loans, note purchases and special situation investments across a broad range of commercial real estate asset classes. Maki, who will be based in the firm's New York office, joins Stockdale from Fortress Investment Group. * JTM Construction Group, Inc., an affiliate of JT Magen, a national construction firm, has made four new hires in its Los Angeles office: Giovanni Cangelosi, LEED AP has joined as Senior Project Manager; Richard Collinge as Project Manager; and Ratema "Bur" Ngaheu and Isai Absalom Lopez each as Superintendent. The new hires will be responsible for leading and managing the construction of high-end tenant improvement projects across California. * CIM Group and Bryant Group Ventures announced that Fifth Third Bank has made a capital commitment to the CIM-BGV Affordable Housing Impact Fund as part of the Fund's latest closing. The closing also included upsizes from existing investors Truist Bank and Flagstar Bank, bringing the Fund's total investment capacity to over $370 million through fund equity and access to loan capacity. * As the Presidio Trust's Founding Partner and Official Healthcare Partner, Sutter Health becomes the first nonprofit healthcare organization to hold an official partnership designation with a U.S. national park site. The partnership will bring free health and wellness experiences to the Presidio, beginning with weekly outdoor yoga in fall 2026. In 2027, Sutter Health, through its recently announced partnership with the San Francisco 49ers, will introduce an outdoor wellness installation and additional programming designed to encourage movement, recreation and healthy living. * Aphias Capital, an operationally and vertically focused private equity firm, plans to make a majority growth investment in SNZweig Advisors LLC. The investment is being made in connection with the combination of Stambaugh Ness and Zweig Group, which intend to merge and form SNZweig, a professional services and advisory firm built exclusively to support and advance architecture, engineering, and construction (AEC) businesses. Read More News Stories About: JLL * | People