About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.

JLL is the trade name of, and a registered trademark of, Jones Lang LaSalle Incorporated.

We help maximize the value of your real estate decisions so you can achieve your ambitions, however bold and challenging they may be.

A Company

Fortune 500

With presence in +80 countries

100.000

R.E. Professionals

102+

JLL employees

Full Service Office

Bogotá

Key Markets

Bogotá - Medelllín - Cali - Barranquilla -Bucaramanga

Global presence

Colombia overview

• The International Property Awards named JLL as the best Property Consultant in Central and South America for five consecutive years 2012 – 2017.
• JLL is the only commercial real estate service company to achieve Platinum status as a LEED+C Verified Provider ID
• Argentina, Colombia, Chile and Mexico awarded by The International Property Awards alternately as best Advisor or best Real Estate Property Consultant for five consecutive years 2012 – 2017.
• Latin America JLL No. 1 Real Estate Advisor and Consultant at the Euromoney Real Estate Awards 2016.
• The World's Most Ethical Company by Ethisphere for nine consecutive years 2008 – 2016.
• JLL one of the most admired in the world by FORTUNE 500 magazine in 2008, 2015 and 2017.
• ENERGY STAR Partner of the Year, Sustained Excellence 2013-2016.
• Fortune 500: 2015, 2016, 2017

Awards and Recognitions

Customized solutions

We have extensive experience in the region while understanding that "there are no universal solutions". We understand the unique needs and characteristics of each company and its culture and translate them into a tailored strategy.

100% JLL inc.

Unlike franchises or joint ventures with a local brokerage firm.

Integral service

We work together with a team of multidisciplinary professionals 100% in House and we propose an integrated solution that includes all the services of the real estate process on its different fronts.

Good practices

Recognized for ten consecutive years as the most ethical real estate services company in the world.

Long term relationships

We work collaboratively with our clients and establish long-term relationships, continuously delivering results and being their strategic partners.

Transactional approach

Our transactional approach is based on consulting, guaranteeing full market coverage, as well as the reduction of conflicts of interest.

Why JLL?

Our presence at a regional level is added as an advantage to provide clients with the necessary cultural understanding, typical and characteristic of the different countries of Latin America, together with in-depth knowledge of trends and best practices at a global level.

We are global and local

Transactions

Proyect Management

Facilities Management

Portfolio Management / Workplace

Our Services

Corporate Solutions

Exclusive representation and advisory for real estate strategic decisions.
Analysis and implementation through global integrated services.

Brokerage

Optimized search for commercial properties to lease or buy.
Analysis of alternatives, negotiation process and closure.

Asset Services

Landlord representation for commercial strategies creation and implementation.

Consulting & Valuation

Real estate consulting and market research.
Project Structuring, feasibilities and valuation.

Capital Markets

Representation of institutional and private investors.
Strategic processes to buy / sell assets.

Transaction Services

Medellín Office Market Overview

Peaking market

Falling market

Rising market

Bottoming market

$35,000 - $50,000 m²/ month

890,654 m²

3.6%

2022 Total Stock

28,302 m²

2022 Vacancy Rate

2022 Net Absorption

$55,000 – $82,000 m²/ month

Rents CBD – Prime

$50,000 - $70,000 m²/ month

Rents CBD – Non - Prime

$50,000 - $65,000 m²/ month

Decentralized – Prime

Decentralized – Non - Prime

No Prime

Prime

Medellín Submarkets

Norte Poblado: This submarket includes the whole El Poblado district that is not located in the Golden Mile area. Generally speaking, it includes properties on Avenida Las Palmas, on Avenida Poblado north of Calle 10, and around Ciudad del Rio. This Submarket has 325,202 m² of stock.

El Poblado, or the "Golden Mile": A high income sector that includes the 'Golden Mile', a commercial corridor along Avenida El Poblado that goes from Calle 9 South to Calle 10 North. This Submarket has a stock of 299,364 m².

Centro, the old downtown: The city's old business district. Currently, there are a few quality buildings left there. Most of the properties are old, with deficient maintenance and small offices with non-efficient floorplates (B and C classes). This Submarket has 137,632 m² of stock.

Sabaneta: A new submarket located to the south of the city. There are fewer buildings, but it is a focal point of redevelopment for the city. It has a stock of 84,491 m².

Other: Another 5% of the stock (41,361 m²) is an isolated, non-consolidated pockets of the city.