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Stock impact report

University of the Arts buildings in Philadelphia for sale following September bankruptcy filing [CBS News]

Jones Lang LaSalle Incorporated (JLL) 
Last jones lang lasalle incorporated earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jll.com
Company Research Source: CBS News
In a release Monday, the commercial real estate company JLL announced it would be managing the sale of nine buildings, five of which are considered "historic." JLL said the portfolio can be purchased in its entirety or separately, buying buildings on an individual basis. "Almost all of the properties offer mixed-use zoning, allowing for a variety of future uses. Many will likely become apartments, but the campus offers an array of opportunities," Fran Coyne, JLL senior managing director, said in the release. The University of the Arts campus, located along South Broad Street between City Hall and South Street, includes the following properties: Arts Bank, Anderson Hall, Hamilton Hall, Furness Hall, Juniper Hall, Gershman Hall, Terra Hall, Arts Alliance and Spruce Hall. Current uses for the buildings include office spaces, performance and theater venues, libraries, galleries, residence halls, apartments, cafés and classrooms. A senior managing director for the company positione Show less Read more
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