News and views

Podcast: Retail Storytelling at Chicago's Navy Pier

Chicago's Navy Pier serves as a case study in retail experience. Jim Harris, Robin Hardrick and Amanda Devries of the pier's retail team walk through examples of brand activation from Samsung's ambitious pop-up store, Snapchat's Snapbot and Nintendo's gamer experience.

They show how a retail renovation project has created an opportunity to tell the story of the city through a shopping environment.

Read more

Podcast: Retail Storytelling at Chicago's Navy Pier

Chicago's Navy Pier serves as a case study in retail experience. Jim Harris, Robin Hardrick and Amanda Devries of the pier's retail team walk through examples of brand activation from Samsung's ambitious pop-up store, Snapchat's Snapbot and Nintendo's gamer experience.

They show how a retail renovation project has created an opportunity to tell the story of the city through a shopping environment.
Read more

Brixton Acquires Everett Mall, JLL Assumes Management and Leasing

JLL and Brixton Capital today announced that Brixton Capital has acquired 100 percent ownership interest in Everett Mall and retained JLL to manage and lease the 676,880 square-foot enclosed mall located at 1402 SE Everett Mall Way, Everett, Washington. The 70+ store property is anchored by Burlington, Old Navy, Ulta and Sears.

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Brixton Acquires Everett Mall, JLL Assumes Management and Leasing

JLL and Brixton Capital today announced that Brixton Capital has acquired 100 percent ownership interest in Everett Mall and retained JLL to manage and lease the 676,880 square-foot enclosed mall located at 1402 SE Everett Mall Way, Everett, Washington. The 70+ store property is anchored by Burlington, Old Navy, Ulta and Sears.
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JLL brings “Manhattan Village Beach Vibe” to life at ICSC Western Conference

When an investor launches a redevelopment, they often look to creative marketing ploys to attract consumers and tenants to an improved property. JLL is breaking the typical marketing mold with the debut of its Manhattan Village showcase, an exhibitor-first experiential promotion, at the International Council of Shopping Centers’ (ICSC) Western Conference, held October 2nd  to 4th in Los Angeles, California.

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JLL brings “Manhattan Village Beach Vibe” to life at ICSC Western Conference

When an investor launches a redevelopment, they often look to creative marketing ploys to attract consumers and tenants to an improved property. JLL is breaking the typical marketing mold with the debut of its Manhattan Village showcase, an exhibitor-first experiential promotion, at the International Council of Shopping Centers’ (ICSC) Western Conference, held October 2nd  to 4th in Los Angeles, California.
Read more

Podcast: Local Bookstores Show How Retailers Can Serve Communities

Ryan Raffaelli is with Harvard Business School and studies how innovation transforms industries.
 
He talks about how retailers can engage the public by:
  •  creating local connections with the community 
  • curating a tailored set of products to suit the local culture
  • building places for neighborhoods and interest groups to convene

Read more

Podcast: Local Bookstores Show How Retailers Can Serve Communities

Ryan Raffaelli is with Harvard Business School and studies how innovation transforms industries.
 
He talks about how retailers can engage the public by:
  •  creating local connections with the community 
  • curating a tailored set of products to suit the local culture
  • building places for neighborhoods and interest groups to convene
Read more

How Food Delivery Services are Moving into Airports

Queues at airport restaurants and food outlets are a common sight, especially at peak travel times, as transport hubs around the world deal with surging numbers of travelers.

In response, a new batch of pick-up and delivery services has arrived on the scene to offer time-poor passengers an alternative to holding out for on-board plane food.

Read more

How Food Delivery Services are Moving into Airports

Queues at airport restaurants and food outlets are a common sight, especially at peak travel times, as transport hubs around the world deal with surging numbers of travelers.

In response, a new batch of pick-up and delivery services has arrived on the scene to offer time-poor passengers an alternative to holding out for on-board plane food.
Read more

Podcast: How to Find Hidden Retail Property Data

Kevin Imboden is a global commercial real estate researcher with over ten years of experience. He gives his practical strategies for digging up retail property data in regions including China, India and Latin America.    

Kevin describes his step-by-step process for discovering and collecting retail property market data; who owns and developed the shopping centers in a market, who are the key real estate players in a market and how much did a property to sell for.

There is no silver bullet here! The secret weapon is hard work and persistence.

Read more

Podcast: How to Find Hidden Retail Property Data

Kevin Imboden is a global commercial real estate researcher with over ten years of experience. He gives his practical strategies for digging up retail property data in regions including China, India and Latin America.    

Kevin describes his step-by-step process for discovering and collecting retail property market data; who owns and developed the shopping centers in a market, who are the key real estate players in a market and how much did a property to sell for.

There is no silver bullet here! The secret weapon is hard work and persistence.
Read more

JLL's Retail Store Closure Summary - September

JLL Retail Research looks at coming closures, the impact of e-commerce on brick and mortar stores, how the store experience is changing and which retailers are actually expanding operations despite the current climate (as of September 2017).

Read more

JLL's Retail Store Closure Summary - September

JLL Retail Research looks at coming closures, the impact of e-commerce on brick and mortar stores, how the store experience is changing and which retailers are actually expanding operations despite the current climate (as of September 2017).
Read more

Podcast: 8 Retail Categories that Will Drive Brick-and-Mortar Growth in the Next Decade

Listen in as James Cook talks to clients about the retailers that will be adding new stores today and tomorrow.

Shoppers make decisions based on how quickly they need and item, how much education or experience they want from the shopping process and how much they're willing to spend. These three categories of time, touch and money can be used to explain how and where the shoppers of the future will be spending their money.

Read more

Podcast: 8 Retail Categories that Will Drive Brick-and-Mortar Growth in the Next Decade

Listen in as James Cook talks to clients about the retailers that will be adding new stores today and tomorrow.

Shoppers make decisions based on how quickly they need and item, how much education or experience they want from the shopping process and how much they're willing to spend. These three categories of time, touch and money can be used to explain how and where the shoppers of the future will be spending their money.
Read more

How smart technology is bringing malls into the digital age

For today’s shoppers, going to the mall is more of a digital experience than many might realize.
 
As their mobile devices connect to the mall’s wi-fi network it opens up a new channel of direct communication giving them relevant information from where to park to special offers from their favorite retailers to make their shopping experience more personalized, convenient and enjoyable.

Read more

How smart technology is bringing malls into the digital age

For today’s shoppers, going to the mall is more of a digital experience than many might realize.
 
As their mobile devices connect to the mall’s wi-fi network it opens up a new channel of direct communication giving them relevant information from where to park to special offers from their favorite retailers to make their shopping experience more personalized, convenient and enjoyable.
Read more

Podcast: What's new on Chicago's Michigan Ave?

Chicago retail insider Peter Caruso talks about the many new food concepts that are now looking to make Chicago home, including Sweetgreen, Mojo, Dos Toros and Taylor Gourmet.  

James joins Arielle Einhorn, Katie Sershon, Brittney Dear and David Barnett as they dive into the crowds of tourists on Michigan Avenue.  A newly opened Nutella Café is the brand's first café in the U.S. and it's proved to be a popular tourist destination.

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Podcast: What's new on Chicago's Michigan Ave?

Chicago retail insider Peter Caruso talks about the many new food concepts that are now looking to make Chicago home, including Sweetgreen, Mojo, Dos Toros and Taylor Gourmet.  

James joins Arielle Einhorn, Katie Sershon, Brittney Dear and David Barnett as they dive into the crowds of tourists on Michigan Avenue.  A newly opened Nutella Café is the brand's first café in the U.S. and it's proved to be a popular tourist destination.
Read more

JLL to Identify Denver Locations for Zero Emissions Vehicle Charging Stations

Electrify America has committed to invest $2 billion over the next 10 years to build out and strengthen zero emissions vehicle (ZEV) infrastructure across the United States, and the company has contracted JLL to source qualified locations and provide site feasibility studies for this effort. Electrify America’s plans call for the installation of charging sites along high-traffic highway corridors and community-based charging locations in 11 metropolitan areas across the country, including Denver.

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JLL to Identify Denver Locations for Zero Emissions Vehicle Charging Stations

Electrify America has committed to invest $2 billion over the next 10 years to build out and strengthen zero emissions vehicle (ZEV) infrastructure across the United States, and the company has contracted JLL to source qualified locations and provide site feasibility studies for this effort. Electrify America’s plans call for the installation of charging sites along high-traffic highway corridors and community-based charging locations in 11 metropolitan areas across the country, including Denver.
Read more

Podcast: What is the coolest retail neighborhood?

In the style of Shark Tank, three challengers vie to have their chosen neighborhood crowned as the #KingOfSummer in the Summer City Challenge.
 
James Cook, Arielle Einhorn and Taylor Coyne each compete for the favor of judge Julia Georgules.

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Podcast: What is the coolest retail neighborhood?

In the style of Shark Tank, three challengers vie to have their chosen neighborhood crowned as the #KingOfSummer in the Summer City Challenge.
 
James Cook, Arielle Einhorn and Taylor Coyne each compete for the favor of judge Julia Georgules.
Read more

Six big trends shaking up Asia Pacific’s retail scene

The future of retail is being shaped by powerful forces from the rapid growth of ecommerce to fast-changing consumer expectations and the rise of automation.

In Asia Pacific the retail scene is confronting these challenges head-on by adopting new strategies to satisfy consumers.

Read more

Six big trends shaking up Asia Pacific’s retail scene

The future of retail is being shaped by powerful forces from the rapid growth of ecommerce to fast-changing consumer expectations and the rise of automation.

In Asia Pacific the retail scene is confronting these challenges head-on by adopting new strategies to satisfy consumers.
Read more

Speak up: How voice recognition technology is changing retail

Voice recognition technology may still be in the novelty stages, but as more people are getting used to talking to their devices, retailers have started paying attention.

Right now it’s being used for ordering groceries, pizza or coffee. For consumers there’s no driving to stores, logging onto a computer, or pulling out smartphones to open an app. They simply say what they want to one of the new voice activated devices coming onto the market from the likes of Google and Amazon.

Read more

Speak up: How voice recognition technology is changing retail

Voice recognition technology may still be in the novelty stages, but as more people are getting used to talking to their devices, retailers have started paying attention.

Right now it’s being used for ordering groceries, pizza or coffee. For consumers there’s no driving to stores, logging onto a computer, or pulling out smartphones to open an app. They simply say what they want to one of the new voice activated devices coming onto the market from the likes of Google and Amazon.
Read more

Podcast: The Hidden World of Retail Shipping and Delivery

James joins Aaron Ahlburn, George Cutro and Chad Buch to learn more about how retailers use warehouses both in the Midwest and across the nation.

Read more

Podcast: The Hidden World of Retail Shipping and Delivery

James joins Aaron Ahlburn, George Cutro and Chad Buch to learn more about how retailers use warehouses both in the Midwest and across the nation.
Read more

Why modern retail brands are looking to the past

Dramatic and decadent designs are the hallmarks of the luxury fashion house Alexander McQueen.

It’s not just the clothes which capture the imagination; the walls of the brand’s flagship store in New York City juxtapose surreal art with decorative moldings that reflect the seams of the heritage McQueen tailored jacket.

Read more

Why modern retail brands are looking to the past

Dramatic and decadent designs are the hallmarks of the luxury fashion house Alexander McQueen.

It’s not just the clothes which capture the imagination; the walls of the brand’s flagship store in New York City juxtapose surreal art with decorative moldings that reflect the seams of the heritage McQueen tailored jacket.
Read more

Reinventing the Mall: Food, fashion, fitness, fun and more!

While negative news swirls about, shopping centers owners are embracing new tenant categories that reinvigorate the customer experience and drive foot traffic into the next decade. Listen to James Cook for a 30-minute webinar on the four F’s – food, fashion, fun and fitness – that are fueling the future of retail.

Read more

Reinventing the Mall: Food, fashion, fitness, fun and more!

While negative news swirls about, shopping centers owners are embracing new tenant categories that reinvigorate the customer experience and drive foot traffic into the next decade. Listen to James Cook for a 30-minute webinar on the four F’s – food, fashion, fun and fitness – that are fueling the future of retail.
Read more

Southeast Asia has its finger on the button for online shopping

Southeast Asia is fast becoming a region of online shoppers.

As more people choose to shop from the comfort of their computers – or mobile phones – the battle lines between online retailers are being continuously redrawn as the big players look to build their presence and new entrants join the fray.

Read more

Southeast Asia has its finger on the button for online shopping

Southeast Asia is fast becoming a region of online shoppers.

As more people choose to shop from the comfort of their computers – or mobile phones – the battle lines between online retailers are being continuously redrawn as the big players look to build their presence and new entrants join the fray.
Read more

Smart shopping: The high-tech high street of the future

A London shopping street designed with cutting-edge eco-friendly technology could be the future model for high streets in smart, sustainable cities.

Bird Street was a little-used alleyway just off the busy shopping hub of Oxford Street. Earlier this summer, the tiny street was transformed by an installation of pop-up shops and a swathe of clean-tech innovations.

Read more

Smart shopping: The high-tech high street of the future

A London shopping street designed with cutting-edge eco-friendly technology could be the future model for high streets in smart, sustainable cities.

Bird Street was a little-used alleyway just off the busy shopping hub of Oxford Street. Earlier this summer, the tiny street was transformed by an installation of pop-up shops and a swathe of clean-tech innovations.
Read more

JLL's retail store closure summary - August

JLL Retail Research looks at coming closures, the impact of e-commerce on brick and mortar stores, how the store experience is changing and which retailers are actually expanding operations despite the current climate.

Read more

JLL's retail store closure summary - August

JLL Retail Research looks at coming closures, the impact of e-commerce on brick and mortar stores, how the store experience is changing and which retailers are actually expanding operations despite the current climate.
Read more

Podcast: What Climate Change Means for Retail

Sea levels are rising faster than they have in 28 centuries.  Temperatures and annual precipitation is also growing. We can expect more extreme and dangerous weather in the future. How should retail business leaders prepare for this change?  How can retailers help lessen the impacts of climate change?
 
Research analyst David Barnett dug into climate change in the Retailer's Guide to the Galaxy report. He wrote that retail property owners are now seeing more property damages from severe weather like flooding and violent storms.  

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Podcast: What Climate Change Means for Retail

Sea levels are rising faster than they have in 28 centuries.  Temperatures and annual precipitation is also growing. We can expect more extreme and dangerous weather in the future. How should retail business leaders prepare for this change?  How can retailers help lessen the impacts of climate change?
 
Research analyst David Barnett dug into climate change in the Retailer's Guide to the Galaxy report. He wrote that retail property owners are now seeing more property damages from severe weather like flooding and violent storms.  
Read more

Podcast: Beijing Retail is Changing Fast

James visits Beijing to learn more about China retail.
 
He meets up with the JLL Beijing Retail Research team: Steven McCord, Sam Zheng, Lesley Chai, Ming Ji and Linda Yu.
 
Steven McCord says that Beijing online sales account for 20% of retail sales.  In the past year that percentage has plateaued   All the people who will shop online are doing it now.  We may be on the cusp of a backlash away from online. People want to get back to shopping malls for the social elements that they offer.  Labor costs are rising in China and last-mile delivery of ecommerce is going to get more expensive.    

Read more

Podcast: Beijing Retail is Changing Fast

James visits Beijing to learn more about China retail.
 
He meets up with the JLL Beijing Retail Research team: Steven McCord, Sam Zheng, Lesley Chai, Ming Ji and Linda Yu.
 
Steven McCord says that Beijing online sales account for 20% of retail sales.  In the past year that percentage has plateaued   All the people who will shop online are doing it now.  We may be on the cusp of a backlash away from online. People want to get back to shopping malls for the social elements that they offer.  Labor costs are rising in China and last-mile delivery of ecommerce is going to get more expensive.    
Read more

U.S. Retail Investment Outlook

Download JLL's H1 2017 Retail Investment Outlook to learn how investors are adopting a more focused investment approach.

U.S. Retail Investment Highlights:
• Transaction volumes reached $27 billion, a decline of 18.7%
• Retail remains healthy with vacancy holding at 4.9% and rents rising by 5%
• Secondary market activity softens as investors gravitate to primary markets, which had $5.1 billion of trades

Read more

U.S. Retail Investment Outlook

Download JLL's H1 2017 Retail Investment Outlook to learn how investors are adopting a more focused investment approach.

U.S. Retail Investment Highlights:
• Transaction volumes reached $27 billion, a decline of 18.7%
• Retail remains healthy with vacancy holding at 4.9% and rents rising by 5%
• Secondary market activity softens as investors gravitate to primary markets, which had $5.1 billion of trades
Read more

GreenSpace Holdings, LLC breaks ground on Houston-area self-storage facility made of surplus shipping containers

JLL announced the firm has negotiated the acquisition of a 2-acre land parcel for the development of a 1,017-unit self-storage facility at 2515 Westminister Road in the Houston suburb of Pearland, Texas.  GreenSpace Holdings, a Houston-based self-storage developer, broke ground on the site July 28, 2017.

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GreenSpace Holdings, LLC breaks ground on Houston-area self-storage facility made of surplus shipping containers

JLL announced the firm has negotiated the acquisition of a 2-acre land parcel for the development of a 1,017-unit self-storage facility at 2515 Westminister Road in the Houston suburb of Pearland, Texas.  GreenSpace Holdings, a Houston-based self-storage developer, broke ground on the site July 28, 2017.
Read more

Augmented reality helps consumers see shopping in a whole new way

Augmented reality (AR), the less immersive cousin of virtual reality (VR), is taking off.

And the retail sector is becoming one of its primary real world test beds as brands begin to realize the tremendous potential AR has to transform the shopping experience.

Read more

Augmented reality helps consumers see shopping in a whole new way

Augmented reality (AR), the less immersive cousin of virtual reality (VR), is taking off.

And the retail sector is becoming one of its primary real world test beds as brands begin to realize the tremendous potential AR has to transform the shopping experience.
Read more

How offline stores can drive online sales

For online retailers, a real-world store is increasingly the competitive edge in driving online sales.

Global brands such as Apple or Burberry have led the shift in reimagining their high street shops as showrooms for a brand experience that encourages customers to return, whether online or off. Now formerly online-only retailers are following suit with storefronts of their own.

Read more

How offline stores can drive online sales

For online retailers, a real-world store is increasingly the competitive edge in driving online sales.

Global brands such as Apple or Burberry have led the shift in reimagining their high street shops as showrooms for a brand experience that encourages customers to return, whether online or off. Now formerly online-only retailers are following suit with storefronts of their own.
Read more

Eating out in the mall becomes a foodie experience

Food and beverage retailers have become an increasingly core part of the modern shopping center.

Yet it’s not a case of the more, the merrier; getting the right mix of big name chains, independent outlets and pop-ups to cater for today’s food-savvy, globally aware shoppers is key.

 
Research from ICSC in conjunction with JLL found that the right line-up of F&B had a “halo effect” – shopper traffic increased, customers spent more time in the centre, and overall sales grew.

Read more

Eating out in the mall becomes a foodie experience

Food and beverage retailers have become an increasingly core part of the modern shopping center.

Yet it’s not a case of the more, the merrier; getting the right mix of big name chains, independent outlets and pop-ups to cater for today’s food-savvy, globally aware shoppers is key.
 
Research from ICSC in conjunction with JLL found that the right line-up of F&B had a “halo effect” – shopper traffic increased, customers spent more time in the centre, and overall sales grew.
Read more

Podcast: Robot Retail: AI, AR & VR

The multimedia experiences that studios create at San Diego Comic-Con are an example of the kinds of interactive experiences that could be slotted into shopping centers across the nation. Some like Kidzania, Dreamworks and the Void are already doing it.

Read more

Podcast: Robot Retail: AI, AR & VR

The multimedia experiences that studios create at San Diego Comic-Con are an example of the kinds of interactive experiences that could be slotted into shopping centers across the nation. Some like Kidzania, Dreamworks and the Void are already doing it.
Read more

Brookhaven Shopping Center Trades to Invesco Real Estate

On behalf of Katz Properties, LLC, of New York City, JLL's Capital Markets experts today announced the company completed the sale of the 211,758-square-foot Brookhaven Shopping Center in Brookhaven, Pennsylvania. The Shoprite and Lowes anchored property traded to Invesco Real Estate, a global real estate investment manager.

JLL's Managing Directors Chris Angelone and Jim Galbally led the team on the sale.

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Brookhaven Shopping Center Trades to Invesco Real Estate

On behalf of Katz Properties, LLC, of New York City, JLL's Capital Markets experts today announced the company completed the sale of the 211,758-square-foot Brookhaven Shopping Center in Brookhaven, Pennsylvania. The Shoprite and Lowes anchored property traded to Invesco Real Estate, a global real estate investment manager.

JLL's Managing Directors Chris Angelone and Jim Galbally led the team on the sale.
Read more

Eating out in the mall becomes a foodie experience

Food and beverage retailers have become an increasingly core part of the modern shopping center.

Yet it’s not a case of the more, the merrier; getting the right mix of big name chains, independent outlets and pop-ups to cater for today’s food-savvy, globally aware shoppers is key.

Read more

Eating out in the mall becomes a foodie experience

Food and beverage retailers have become an increasingly core part of the modern shopping center.

Yet it’s not a case of the more, the merrier; getting the right mix of big name chains, independent outlets and pop-ups to cater for today’s food-savvy, globally aware shoppers is key.
Read more

JLL expands retail platform in Chicago

JLL today announced it has strengthened its retail client services in Chicago with the addition of industry expert Janice Sellis. Sellis joins the firm as an Executive Vice President and brings more than 15 years of experience in Retail Investment Sales to the firm. Based in the company's corporate Chicago headquarters, she will partner closely with the firm's existing retail management, leasing and development experts.

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JLL expands retail platform in Chicago

JLL today announced it has strengthened its retail client services in Chicago with the addition of industry expert Janice Sellis. Sellis joins the firm as an Executive Vice President and brings more than 15 years of experience in Retail Investment Sales to the firm. Based in the company's corporate Chicago headquarters, she will partner closely with the firm's existing retail management, leasing and development experts.
Read more

How technology is helping restaurants connect with consumers

From touch-screen tables to chatbots taking orders, food retailers are experimenting with technology to attract customers.

Domino’s is trialing delivery by drone in Australia, while restaurant chains including Itsu, Bill’s and the Cheesecake Factory are letting customers pay via their mobile phones.

 

Read more

How technology is helping restaurants connect with consumers

From touch-screen tables to chatbots taking orders, food retailers are experimenting with technology to attract customers.

Domino’s is trialing delivery by drone in Australia, while restaurant chains including Itsu, Bill’s and the Cheesecake Factory are letting customers pay via their mobile phones.

 
Read more

Six ways shopping centers are getting creative with their space

While internet shopping will always offer convenience, there are some things about visiting a physical retail space that can’t be replicated online.

As the retail industry continues to evolve, shopping centers across the U.S. are seizing new opportunities to move beyond housing bricks-and-mortar stores into activity hubs.

 

Read more

Six ways shopping centers are getting creative with their space

While internet shopping will always offer convenience, there are some things about visiting a physical retail space that can’t be replicated online.

As the retail industry continues to evolve, shopping centers across the U.S. are seizing new opportunities to move beyond housing bricks-and-mortar stores into activity hubs.

 
Read more

Robots: Coming soon to an aisle near you?

From robot sales staff to unmanned stores, automation is taking off in a big way at food outlets and shops across Asia as retailers seek great efficiency.
 
With a labour crunch due to rising wages and ageing populations, companies in the developed economies of Singapore, Japan and South Korea are exploring ways to make savings and achieve higher productivity. Panasonic’s RejiRobo is a newly launched automated checkout system that can scan and bag all grocery items in a matter of seconds. Softbank’s Pepper and Newstead Technologies’ XYZrobot are able to guide buyers, chat with them, answer questions, and perform other tasks expected of a sales assistant.

Read more

Robots: Coming soon to an aisle near you?

From robot sales staff to unmanned stores, automation is taking off in a big way at food outlets and shops across Asia as retailers seek great efficiency.
 
With a labour crunch due to rising wages and ageing populations, companies in the developed economies of Singapore, Japan and South Korea are exploring ways to make savings and achieve higher productivity. Panasonic’s RejiRobo is a newly launched automated checkout system that can scan and bag all grocery items in a matter of seconds. Softbank’s Pepper and Newstead Technologies’ XYZrobot are able to guide buyers, chat with them, answer questions, and perform other tasks expected of a sales assistant.
Read more

Podcast: Driverless Cars (with Ebere Anokute)

This is the first in a series of episodes based on topics from the Retailer's Guide to the Galaxy report. It's a map into the future of retail. 
 
James talks with analyst Ebere Anokute about autonomous vehicles. They will change how people organize themselves around city centers. With cheap and easy transportation, people will live further out from the city center. Driverless cars will allow for faster safer trips and reduced traffic jams. They will reduce the cost of car sharing services significantly. There could be more suburban shopping centers focused on daily needs shopping. Driverless cars may also be a boon for ecommerce, offering cost effective last-mile delivery for exurban and rural residents.  Driverless cars could allow up to 61 billion square feet of parking space to be used for better purposes like retail, offices or apartments. 
 

Read more

Podcast: Driverless Cars (with Ebere Anokute)

This is the first in a series of episodes based on topics from the Retailer's Guide to the Galaxy report. It's a map into the future of retail. 
 
James talks with analyst Ebere Anokute about autonomous vehicles. They will change how people organize themselves around city centers. With cheap and easy transportation, people will live further out from the city center. Driverless cars will allow for faster safer trips and reduced traffic jams. They will reduce the cost of car sharing services significantly. There could be more suburban shopping centers focused on daily needs shopping. Driverless cars may also be a boon for ecommerce, offering cost effective last-mile delivery for exurban and rural residents.  Driverless cars could allow up to 61 billion square feet of parking space to be used for better purposes like retail, offices or apartments. 
 
Read more

I am a Londoner: Lovisa Harryzon

How do you advise clients about a market without having experienced it? That was a challenge Lovisa faced. She had several existing clients and targets based in the UK, so she left her home of Stockholm for 5 weeks to become a Londoner. Learn about her experience and how JLL helped her achieve her ambition for local market knowledge.

Read more

I am a Londoner: Lovisa Harryzon

How do you advise clients about a market without having experienced it? That was a challenge Lovisa faced. She had several existing clients and targets based in the UK, so she left her home of Stockholm for 5 weeks to become a Londoner. Learn about her experience and how JLL helped her achieve her ambition for local market knowledge.
Read more

Achieving Ambitions through the Law of Attraction

Brenda Ford, Vice President of National Retail Leasing is one of the luckiest and most modest people you will ever encounter. Her tenure with JLL is approaching 14 years and as time is passing, her ambitions are consistently being achieved.

Read more

Achieving Ambitions through the Law of Attraction

Brenda Ford, Vice President of National Retail Leasing is one of the luckiest and most modest people you will ever encounter. Her tenure with JLL is approaching 14 years and as time is passing, her ambitions are consistently being achieved.
Read more

Why Mobile Ordering is the Next Big Thing for Retailers

As more people turn to their mobile phones to order food and drinks on the go, retailers are adapting their stores and operations to meet growing demand.

Mobile ordering has become the next iteration after the quick-service restaurant drive-thru lane to provide speed and convenience for customers. In 2015, mobile ordering comprised 1.5 percent of quick-service restaurant sales at under $4 billion. That volume is expected to rise to 11 percent to $38 billion by 2020.

Read more

Why Mobile Ordering is the Next Big Thing for Retailers

As more people turn to their mobile phones to order food and drinks on the go, retailers are adapting their stores and operations to meet growing demand.

Mobile ordering has become the next iteration after the quick-service restaurant drive-thru lane to provide speed and convenience for customers. In 2015, mobile ordering comprised 1.5 percent of quick-service restaurant sales at under $4 billion. That volume is expected to rise to 11 percent to $38 billion by 2020.
Read more

What are the Key Ingredients for a Successful Shopping Area?

Imagine stepping outside your suburban hotel, and instead of jumping in a car to shop or eat, you can easily walk to all your favorite stores and restaurants.

Across the U.S., new hotels are enabling their guests to have local amenities on their doorstep – by backfilling vacant shopping center space. It’s not just an arrangement that benefits guests and the hotel chains; it’s also helping to revitalize American shopping centers that may have lost a middle-market anchor.

Read more

What are the Key Ingredients for a Successful Shopping Area?

Imagine stepping outside your suburban hotel, and instead of jumping in a car to shop or eat, you can easily walk to all your favorite stores and restaurants.

Across the U.S., new hotels are enabling their guests to have local amenities on their doorstep – by backfilling vacant shopping center space. It’s not just an arrangement that benefits guests and the hotel chains; it’s also helping to revitalize American shopping centers that may have lost a middle-market anchor.
Read more

Why Hotels are Setting Up Shop in Suburban Shopping Centers

Imagine stepping outside your suburban hotel, and instead of jumping in a car to shop or eat, you can easily walk to all your favorite stores and restaurants.

Across the U.S., new hotels are enabling their guests to have local amenities on their doorstep – by backfilling vacant shopping center space. It’s not just an arrangement that benefits guests and the hotel chains; it’s also helping to revitalize American shopping centers that may have lost a middle-market anchor.

Read more

Why Hotels are Setting Up Shop in Suburban Shopping Centers

Imagine stepping outside your suburban hotel, and instead of jumping in a car to shop or eat, you can easily walk to all your favorite stores and restaurants.

Across the U.S., new hotels are enabling their guests to have local amenities on their doorstep – by backfilling vacant shopping center space. It’s not just an arrangement that benefits guests and the hotel chains; it’s also helping to revitalize American shopping centers that may have lost a middle-market anchor.
Read more

How Has Europe’s Retail Scene Developed Over the Centuries?

People have been buying and selling goods in Europe for millennia but the ways in which they do it have changed dramatically over the past couple of centuries.

In the last couple of decades the pace of change has increased dramatically with the rise of e-commerce. Almost 50 percent of total retail sales growth since 2000 can now be attributed to online retailing – and it now contributes over 9 percent of Europe’s total retail sales.

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How Has Europe’s Retail Scene Developed Over the Centuries?

People have been buying and selling goods in Europe for millennia but the ways in which they do it have changed dramatically over the past couple of centuries.

In the last couple of decades the pace of change has increased dramatically with the rise of e-commerce. Almost 50 percent of total retail sales growth since 2000 can now be attributed to online retailing – and it now contributes over 9 percent of Europe’s total retail sales.
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En vogue: North America’s Emerging Retail Hotspots

Every city has its prime retail destinations – the places where locals and tourists flock to eat out and buy the latest fashions from a wide range of brands.

Indeed, they have a special place within the retail sector. “With consumers more distracted than ever, there are fewer platforms through which mainstream retailers can communicate to large numbers of people,” says James Cook, Director of Retail Research, JLL. “Prime urban corridors are unique hotspots of the highest demand, and that continued demand makes the properties within them sensible for long-term investments and leases.”

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En vogue: North America’s Emerging Retail Hotspots

Every city has its prime retail destinations – the places where locals and tourists flock to eat out and buy the latest fashions from a wide range of brands.

Indeed, they have a special place within the retail sector. “With consumers more distracted than ever, there are fewer platforms through which mainstream retailers can communicate to large numbers of people,” says James Cook, Director of Retail Research, JLL. “Prime urban corridors are unique hotspots of the highest demand, and that continued demand makes the properties within them sensible for long-term investments and leases.”
Read more

Is in-store production the future of retail?

Forward thinking brands are using technology to make fast fashion even faster.
 
German sportswear giant, Adidas, is leading a retail trend towards in-store production with its pop-up in Berlin, which opened in March 2017. Known as Knit for You, the pop-up let customers design their own sweater, which was knitted onsite with merino wool in under four hours.

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Is in-store production the future of retail?

Forward thinking brands are using technology to make fast fashion even faster.
 
German sportswear giant, Adidas, is leading a retail trend towards in-store production with its pop-up in Berlin, which opened in March 2017. Known as Knit for You, the pop-up let customers design their own sweater, which was knitted onsite with merino wool in under four hours.
Read more

Creamistry, Oke Poke and Orangetheory Fitness Coming to Glendora, California Shopping Center

JLL announced that it has negotiated three leases on behalf of Champion Glendora, an affiliate of Champion Real Estate Company. Creamistry, Oke Poke and Orangetheory Fitness will open at the 70,500-square foot neighborhood shopping center located at 655 S. Grand Avenue in Glendora, California. These new tenants will bring the center to 85 percent leased prior to completion of the redevelopment.  The center will open on May 24, 2017 highlighted by a ribbon cutting ceremony with the City of Glendora and Glendora Chamber of Commerce beginning at 10:30 a.m.

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Creamistry, Oke Poke and Orangetheory Fitness Coming to Glendora, California Shopping Center

JLL announced that it has negotiated three leases on behalf of Champion Glendora, an affiliate of Champion Real Estate Company. Creamistry, Oke Poke and Orangetheory Fitness will open at the 70,500-square foot neighborhood shopping center located at 655 S. Grand Avenue in Glendora, California. These new tenants will bring the center to 85 percent leased prior to completion of the redevelopment.  The center will open on May 24, 2017 highlighted by a ribbon cutting ceremony with the City of Glendora and Glendora Chamber of Commerce beginning at 10:30 a.m.
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Podcast: Beverly Hills

James sits down with Houman Mahboubi, Devin Klein and Gregory Briest to talk about the state of luxury retail in Beverly Hills and beyond. 
 
After that, James and Taylor take a stroll down Rodeo Drive.

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Podcast: Beverly Hills

James sits down with Houman Mahboubi, Devin Klein and Gregory Briest to talk about the state of luxury retail in Beverly Hills and beyond. 
 
After that, James and Taylor take a stroll down Rodeo Drive.
Read more

Retail Investment Gains Momentum in Unexpected Places

In the first quarter of 2017, U.S. retail transaction volumes reached more than $16 billion, which is a slight 4.9 percent decline over last year, according to preliminary figures released by JLL at ICSC RECon in Las Vegas.  But despite the dip, JLL expects a strong pipeline of transactions to grow and continue to stabilize this year.

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Retail Investment Gains Momentum in Unexpected Places

In the first quarter of 2017, U.S. retail transaction volumes reached more than $16 billion, which is a slight 4.9 percent decline over last year, according to preliminary figures released by JLL at ICSC RECon in Las Vegas.  But despite the dip, JLL expects a strong pipeline of transactions to grow and continue to stabilize this year.
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In-Store Amenities Drive Shopping Habits and Engagement

In today's world of Yelp reviews and star ratings, customer engagement and satisfaction in retail is more important than ever. Shoppers have countless options when it comes to where they can buy, leaving retailers with fewer opportunities to create brand converts. JLL's Retail Amenities Guide, launched today at ICSC RECon in Las Vegas, examines how brick-and-mortar retailers can deliver in-store experiences and brand loyalty through added amenities. We've identified five concepts bringing customers through the door.  

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In-Store Amenities Drive Shopping Habits and Engagement

In today's world of Yelp reviews and star ratings, customer engagement and satisfaction in retail is more important than ever. Shoppers have countless options when it comes to where they can buy, leaving retailers with fewer opportunities to create brand converts. JLL's Retail Amenities Guide, launched today at ICSC RECon in Las Vegas, examines how brick-and-mortar retailers can deliver in-store experiences and brand loyalty through added amenities. We've identified five concepts bringing customers through the door.  
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Podcast: Inside the King of Prussia Mall

This week, it's a Philadelphia story. The King of Prussia Mall has has more retail space than any other mall in the U.S. With another 140,000 square feet recently added, the mall  now totals over 2.9 million square feet.  Robert Hart and Kathy Smith of Simon Property Group walk James through the new expansion at the King of Prussia mall. 
 
After that, James also sits down with  Lauren Gilchrist, the head of Philadelphia research at JLL. Lauren explains how the city's downtown is revitalizing with new tech employers and young residents. New retailers are also opening doors in order to serve this market. Philly's suburbs are adding mixed use developments that make the 'burbs feel more like the city.

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Podcast: Inside the King of Prussia Mall

This week, it's a Philadelphia story. The King of Prussia Mall has has more retail space than any other mall in the U.S. With another 140,000 square feet recently added, the mall  now totals over 2.9 million square feet.  Robert Hart and Kathy Smith of Simon Property Group walk James through the new expansion at the King of Prussia mall. 
 
After that, James also sits down with  Lauren Gilchrist, the head of Philadelphia research at JLL. Lauren explains how the city's downtown is revitalizing with new tech employers and young residents. New retailers are also opening doors in order to serve this market. Philly's suburbs are adding mixed use developments that make the 'burbs feel more like the city.
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Chicago-based Boutique Fitness Studio to Open First Houston Location

SPENGA, short for spin-strength-yoga, has retained JLL to facilitate the rollout of multiple studio locations in Houston. The Chicago-based boutique fitness concept has signed its first lease in Houston for 4,011 square feet at 307 Westheimer Road, a retail development expected to deliver later this year.

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Chicago-based Boutique Fitness Studio to Open First Houston Location

SPENGA, short for spin-strength-yoga, has retained JLL to facilitate the rollout of multiple studio locations in Houston. The Chicago-based boutique fitness concept has signed its first lease in Houston for 4,011 square feet at 307 Westheimer Road, a retail development expected to deliver later this year.
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JLL adds Michael Meaden to Grow Retail Brokerage Team in Dallas

JLL announced that Michael Meaden has joined the firm as Vice President of Retail Brokerage based in Dallas. In his new role, he will focus on business development to grow the firm's tenant and landlord representation services in the market.

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JLL adds Michael Meaden to Grow Retail Brokerage Team in Dallas

JLL announced that Michael Meaden has joined the firm as Vice President of Retail Brokerage based in Dallas. In his new role, he will focus on business development to grow the firm's tenant and landlord representation services in the market.
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Podcast: Las Vegas Retail Flagship Confidential

Join the retail research team as they visit some of Las Vegas' top retail landmarks. Download a pdf of the Flagship Confidential report and follow along at home.

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Podcast: Las Vegas Retail Flagship Confidential

Join the retail research team as they visit some of Las Vegas' top retail landmarks. Download a pdf of the Flagship Confidential report and follow along at home.
Read more

Five ways retailers are enhancing in-store shopping

From high-end boutiques to mass market chains, retailers around the world are re-imagining their bricks-and-mortar stores to build deeper connections with consumers.

With many facing stiff competition from online retailers, the challenge is to create in-store experiences that draw people in, reflect brand values and position stores as destinations that are worth making the effort to visit.

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Five ways retailers are enhancing in-store shopping

From high-end boutiques to mass market chains, retailers around the world are re-imagining their bricks-and-mortar stores to build deeper connections with consumers.

With many facing stiff competition from online retailers, the challenge is to create in-store experiences that draw people in, reflect brand values and position stores as destinations that are worth making the effort to visit.
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What are the key ingredients for a successful shopping area?

Today’s shopping areas in towns and cities across the UK are much more than a random collection of retailers.


For shoppers flitting between clothes stores, cafes and the latest pop-up, the focus is on what they need – or want – to buy. Yet the mix and position of shops can make or break their retail experience, and determine how frequently they return to the high street.

Read more

What are the key ingredients for a successful shopping area?

Today’s shopping areas in towns and cities across the UK are much more than a random collection of retailers.


For shoppers flitting between clothes stores, cafes and the latest pop-up, the focus is on what they need – or want – to buy. Yet the mix and position of shops can make or break their retail experience, and determine how frequently they return to the high street.

Read more

JLL Closes Sale of Pentucket Shopping Center

Inland Real Estate Acquisitions, Inc. purchases approximate 200,000 SF New Hampshire shopping center


BOSTON, May 9, 2017 - On behalf of Quincy & Company, JLL’s Retail Capital Markets team today announced the sale of Pentucket Shopping Center, a 199,335-square-foot shopping center anchored by The Home Depot in Plaistow, New Hampshire. Inland Real Estate Acquisitions, Inc. facilitated the purchase of the asset on behalf of Inland Real Estate Income Trust, Inc.

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JLL Closes Sale of Pentucket Shopping Center

Inland Real Estate Acquisitions, Inc. purchases approximate 200,000 SF New Hampshire shopping center


BOSTON, May 9, 2017 - On behalf of Quincy & Company, JLL’s Retail Capital Markets team today announced the sale of Pentucket Shopping Center, a 199,335-square-foot shopping center anchored by The Home Depot in Plaistow, New Hampshire. Inland Real Estate Acquisitions, Inc. facilitated the purchase of the asset on behalf of Inland Real Estate Income Trust, Inc.

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Podcast: Apocalypse Now?

News stories about retail are dominated by closures, bankruptcies and job losses. And yet, retail property vacancy is at a cyclical low. What gives?

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Podcast: Apocalypse Now?

News stories about retail are dominated by closures, bankruptcies and job losses. And yet, retail property vacancy is at a cyclical low. What gives?
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From Bricks to Clicks: FinTech Driving Bank Branch Transformation

JLL outlines the key real estate trends defining the future of retail banks

CHICAGO, April 25, 2017 – Consumers are more mobile than ever, and the banking industry shows just how quickly innovations alter consumer behaviors. It took decades for simple cash-dispensing ATMs to be accepted, but now mobile apps and FinTech define the entire future of banking real estate. 

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From Bricks to Clicks: FinTech Driving Bank Branch Transformation

JLL outlines the key real estate trends defining the future of retail banks

CHICAGO, April 25, 2017 – Consumers are more mobile than ever, and the banking industry shows just how quickly innovations alter consumer behaviors. It took decades for simple cash-dispensing ATMs to be accepted, but now mobile apps and FinTech define the entire future of banking real estate. 

Read more

JLL Expands its Retail Brokerage Services in Miami with New Duo

MIAMI, April 26, 2017 – JLL announced that it has added two experts to grow its Florida Retail Brokerage platform in Miami. Zach Winkler joins JLL as Senior Vice President and Retail Lead for South Florida, and Jonathan Rosen joins as Associate of Retail Brokerage for South Florida. Together, they will partner with JLL's existing retail brokerage experts across the state in Fort Lauderdale, Orlando and Tampa. In their new roles, they will be responsible for growing the firm's leasing and tenant representation offerings in Miami's urban core, and cultivating new tenant and landlord relationships.

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JLL Expands its Retail Brokerage Services in Miami with New Duo

MIAMI, April 26, 2017 – JLL announced that it has added two experts to grow its Florida Retail Brokerage platform in Miami. Zach Winkler joins JLL as Senior Vice President and Retail Lead for South Florida, and Jonathan Rosen joins as Associate of Retail Brokerage for South Florida. Together, they will partner with JLL's existing retail brokerage experts across the state in Fort Lauderdale, Orlando and Tampa. In their new roles, they will be responsible for growing the firm's leasing and tenant representation offerings in Miami's urban core, and cultivating new tenant and landlord relationships.

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JLL Adds Key Hire to its Retail Lease and Debt Restructuring Team

CHICAGO, April 26, 2017— JLL, which acquired lease and debt restructuring firm, Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS) in February 2016 to provide an even broader range of services to retailers, today announced that Andrew D. Couch has joined the team as Vice President of Restructuring Services. In his new role, Couch will add his expertise and experience to help JLL's retail clients reinvigorate their portfolios through restructuring services.

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JLL Adds Key Hire to its Retail Lease and Debt Restructuring Team

CHICAGO, April 26, 2017— JLL, which acquired lease and debt restructuring firm, Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS) in February 2016 to provide an even broader range of services to retailers, today announced that Andrew D. Couch has joined the team as Vice President of Restructuring Services. In his new role, Couch will add his expertise and experience to help JLL's retail clients reinvigorate their portfolios through restructuring services.

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JLL Expands Brokerage Platform with a Trio of Multi-Market Disposition Experts

HOUSTON, April 26, 2017 – JLL continues the strategic expansion of its disposition business in Houston with the addition of three new experts Donna Kolius, Pierce Owens and Kaylie Walker. The group will join JLL's brokerage team focusing on multi-market dispositions, national portfolio strategies, and sale leasebacks for corporations, private equity firms, real estate investment trusts, investors and retailers. 

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JLL Expands Brokerage Platform with a Trio of Multi-Market Disposition Experts

HOUSTON, April 26, 2017 – JLL continues the strategic expansion of its disposition business in Houston with the addition of three new experts Donna Kolius, Pierce Owens and Kaylie Walker. The group will join JLL's brokerage team focusing on multi-market dispositions, national portfolio strategies, and sale leasebacks for corporations, private equity firms, real estate investment trusts, investors and retailers. 

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JLL Expands Retail Leasing Expertise in San Diego

SAN DIEGO, April 26, 2017 – JLL today announced the firm has hired Dan Gill as Vice President to expand its Southern California Retail practice. Based in the firm's San Diego office, Gill will partner with JLL's San Diego Retail Brokerage Lead Craig Killman to represent retailers and landlords in the leasing of retail properties throughout the region.

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JLL Expands Retail Leasing Expertise in San Diego

SAN DIEGO, April 26, 2017 – JLL today announced the firm has hired Dan Gill as Vice President to expand its Southern California Retail practice. Based in the firm's San Diego office, Gill will partner with JLL's San Diego Retail Brokerage Lead Craig Killman to represent retailers and landlords in the leasing of retail properties throughout the region.

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Single's Day is largest retail sales day in Asia

Forbes.com | February 13, 2017

Greg Maloney contributes about the largest shopping days of 2016

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Single's Day is largest retail sales day in Asia

Forbes.com | February 13, 2017

Greg Maloney contributes about the largest shopping days of 2016

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F&B in the headlines, our time has finally come

European Retail Blog, February 8, 2017

This is going to be a big year for JLL and food with the ICSC global food report (authored by JLL) due to be launched in March 2017 and the first ever ICSC dedicated food conference ‘Food for Thought’ taking place in Austin, Texas. 

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F&B in the headlines, our time has finally come

European Retail Blog, February 8, 2017

This is going to be a big year for JLL and food with the ICSC global food report (authored by JLL) due to be launched in March 2017 and the first ever ICSC dedicated food conference ‘Food for Thought’ taking place in Austin, Texas. 

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Asia Pacific's hottest deals in 2016

The Investor | February 6, 2017

From skyscrapers in Singapore to retail in Russia, the Investor takes a look at some of the most interesting commercial real estate transactions from around the world in the past 12 months.

 

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Asia Pacific's hottest deals in 2016

The Investor | February 6, 2017

From skyscrapers in Singapore to retail in Russia, the Investor takes a look at some of the most interesting commercial real estate transactions from around the world in the past 12 months.

 

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Despite All The Hand-Wringing, Retail Real Estate Investment Poised To Accelerate In 2017

FORBES, February 1, 2017

Contributing article by JLL Retail CEO, Greg Maloney.

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Despite All The Hand-Wringing, Retail Real Estate Investment Poised To Accelerate In 2017

FORBES, February 1, 2017

Contributing article by JLL Retail CEO, Greg Maloney.

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Master-planned communities drive Houston retail market in 2016

HOUSTON PUBLIC MEDIA, January 26, 2017

Unlike other commercial real estate, the retail market did well last year.

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Master-planned communities drive Houston retail market in 2016

HOUSTON PUBLIC MEDIA, January 26, 2017

Unlike other commercial real estate, the retail market did well last year.

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Retailers brace for 2017

CNBC, December 28, 2016

Expect more store closings and major changes under Trump's tax policy.  Featuring Naveen Jaggi.

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Retailers brace for 2017

CNBC, December 28, 2016

Expect more store closings and major changes under Trump's tax policy.  Featuring Naveen Jaggi.

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Four emerging trends that have got the retail industry talking

European Retail Blog, December 19, 2016

This is going to be a big year for JLL and food with the ICSC global food report (authored by JLL) due to be launched in March 2017 and the first ever ICSC dedicated food conference ‘Food for Thought’ taking place in Austin, Texas. 

Read more

Four emerging trends that have got the retail industry talking

European Retail Blog, December 19, 2016

This is going to be a big year for JLL and food with the ICSC global food report (authored by JLL) due to be launched in March 2017 and the first ever ICSC dedicated food conference ‘Food for Thought’ taking place in Austin, Texas. 

Read more

Pop-ups, the new darling of retail

The Wall Street Journal, December 4, 2016

Temporary stores find a home in Manhattan's softening retail market.

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Pop-ups, the new darling of retail

The Wall Street Journal, December 4, 2016

Temporary stores find a home in Manhattan's softening retail market.

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No Clouds Forecasted for Sunshine State’s 14 Retail Cities

ORLANDO, Aug. 22, 2016

JLL report indicates that most Florida markets are exceeding 90 percent occupancy with rising rents

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No Clouds Forecasted for Sunshine State’s 14 Retail Cities

ORLANDO, Aug. 22, 2016

JLL report indicates that most Florida markets are exceeding 90 percent occupancy with rising rents

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Under Armour Brand House Named Store of the Year at A.R.E. Design Awards

Chicago, IL - 5, April, 2016

Chicago flagship store designed by Big Red Rooster – a JLL company

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Under Armour Brand House Named Store of the Year at A.R.E. Design Awards

Chicago, IL - 5, April, 2016

Chicago flagship store designed by Big Red Rooster – a JLL company

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Burton Snowboards Relocates Within Vibrant SoHo district

JLL represents snowboard manufacturer in leasing 6,400 SF at 69 Greene Street in Lower Manhattan

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Burton Snowboards Relocates Within Vibrant SoHo district

JLL represents snowboard manufacturer in leasing 6,400 SF at 69 Greene Street in Lower Manhattan

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Geno Coradini Re-joins JLL as Executive Vice President of Retail Integrated Portfolio Services

DALLAS, Mar.  22, 2016 — Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges. To better support retailers with their real estate portfolios, JLL today announced that it has welcomed back Geno Coradini to the firm as Executive Vice President, Retail Integrated Portfolio Services (IPS) Lead, where he will be responsible for working with our retail tenant representative brokers nationally to support JLL’s retailer client base. 

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Geno Coradini Re-joins JLL as Executive Vice President of Retail Integrated Portfolio Services

DALLAS, Mar.  22, 2016 — Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges. To better support retailers with their real estate portfolios, JLL today announced that it has welcomed back Geno Coradini to the firm as Executive Vice President, Retail Integrated Portfolio Services (IPS) Lead, where he will be responsible for working with our retail tenant representative brokers nationally to support JLL’s retailer client base. 

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JLL Expands Retail Brokerage Services into Beverly Hills

LOS ANGELES, March 7, 2016 – JLL today announced the firm has hired Houman Mahboubi as Senior Vice President to expand its Los Angeles Retail practice. Mahboubi brings unmatched relationships with highly respected landlords, restaurant groups, and various high-end retailers in Beverly Hills and throughout Southern California. In the last five years, Mahboubi has closed more than $100 million and five million square feet of transactions. He is joined by Associates Devin Klein, Greg Briest and Montrese Chandler. They will be based in the firm's Century City office.

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JLL Expands Retail Brokerage Services into Beverly Hills

LOS ANGELES, March 7, 2016 – JLL today announced the firm has hired Houman Mahboubi as Senior Vice President to expand its Los Angeles Retail practice. Mahboubi brings unmatched relationships with highly respected landlords, restaurant groups, and various high-end retailers in Beverly Hills and throughout Southern California. In the last five years, Mahboubi has closed more than $100 million and five million square feet of transactions. He is joined by Associates Devin Klein, Greg Briest and Montrese Chandler. They will be based in the firm's Century City office.

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JLL Adds Retail Tenant Representation Duo in Atlanta

ATLANTA, Mar. 17, 2016 — JLL today announced the firm has hired Sarah Williams as a Senior Vice President and Logan Elder as a Senior Associate to grow the firm’s Southeast Retail practice. The addition of Williams and Elder is part of JLL’s strategic growth initiative to build a national retail brokerage business and follows other strategic hires in Washington D.C., New York and California. The duo will be based in Atlanta.

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JLL Adds Retail Tenant Representation Duo in Atlanta

ATLANTA, Mar. 17, 2016 — JLL today announced the firm has hired Sarah Williams as a Senior Vice President and Logan Elder as a Senior Associate to grow the firm’s Southeast Retail practice. The addition of Williams and Elder is part of JLL’s strategic growth initiative to build a national retail brokerage business and follows other strategic hires in Washington D.C., New York and California. The duo will be based in Atlanta.

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CityCenter Enters Into Agreement to Sell The Shops at Crystals in Las Vegas

CityCenter Holdings, LLC (“CityCenter”), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp., today announced that it has entered into a definitive agreement with a venture led by Invesco Real Estate (NYSE: IVZ) and Simon Property Group (NYSE: SPG) to acquire The Shops at Crystals for a purchase price of approximately $1.1 billion. 

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CityCenter Enters Into Agreement to Sell The Shops at Crystals in Las Vegas

CityCenter Holdings, LLC (“CityCenter”), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp., today announced that it has entered into a definitive agreement with a venture led by Invesco Real Estate (NYSE: IVZ) and Simon Property Group (NYSE: SPG) to acquire The Shops at Crystals for a purchase price of approximately $1.1 billion. 

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Join us in welcoming Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS)

JLL is now better positioned to help retailers across the United States control costs and improve profitability with the acquisition of lease and debt restructuring firm Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS). The transaction is consistent with JLL’s growth strategy and will enable the firm, already a national leader in retail real estate services, to provide a broader range of services to retailers. While mostly focused on retail chains, HMS also provides restructuring services to companies that lease office or industrial space. 

 

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Join us in welcoming Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS)

JLL is now better positioned to help retailers across the United States control costs and improve profitability with the acquisition of lease and debt restructuring firm Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS). The transaction is consistent with JLL’s growth strategy and will enable the firm, already a national leader in retail real estate services, to provide a broader range of services to retailers. While mostly focused on retail chains, HMS also provides restructuring services to companies that lease office or industrial space. 

 

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JLL uses ESRI to help retail clients

JLL uses the Esri location platform to help their retail customers. Michael Startin, vice president, director of GIS at JLL Americas tells his secret about how this global commercial real estate firm has completely revolutionized managing hundreds of properties useful.  (Source:  ESRI News, www.esri.com)

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JLL uses ESRI to help retail clients

JLL uses the Esri location platform to help their retail customers. Michael Startin, vice president, director of GIS at JLL Americas tells his secret about how this global commercial real estate firm has completely revolutionized managing hundreds of properties useful.  (Source:  ESRI News, www.esri.com)

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JLL Hires Patrick Smith and Expands Retail Practice

JLL makes another bold recruiting move with the addition of industry veteran Patrick Smith as Vice Chairman in the firm’s New York brokerage business. Smith has been serving retailers and investors operating in the New York region with a broad range of retailer representation, agency leasing, development and property management counsel for 23 years.
 

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JLL Hires Patrick Smith and Expands Retail Practice

JLL makes another bold recruiting move with the addition of industry veteran Patrick Smith as Vice Chairman in the firm’s New York brokerage business. Smith has been serving retailers and investors operating in the New York region with a broad range of retailer representation, agency leasing, development and property management counsel for 23 years.
  Read more

Four Chicago Corridors Retailers Should Explore

Chicagoans spending habits on the upswing; disposable income is 10 percent higher than the national average.

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Four Chicago Corridors Retailers Should Explore

Chicagoans spending habits on the upswing; disposable income is 10 percent higher than the national average.

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JLL Announces Dedicated Retail Research Leader

JLL has invested in the growth of its Retail brokerage and property management service offerings, most recently with the acquisition of the Wilson Group in Los Angeles and Shelter Bay in San Francisco. Now it’s building its retail research platform with the addition of James Cook as the Americas Director of Retail Research. In his new role, Cook will work closely with the firm’s retail experts on data collection that will broaden its retail leasing and investment market analysis.

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JLL Announces Dedicated Retail Research Leader

JLL has invested in the growth of its Retail brokerage and property management service offerings, most recently with the acquisition of the Wilson Group in Los Angeles and Shelter Bay in San Francisco. Now it’s building its retail research platform with the addition of James Cook as the Americas Director of Retail Research. In his new role, Cook will work closely with the firm’s retail experts on data collection that will broaden its retail leasing and investment market analysis.

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Retail Heavy Hitter David Zoba Joins JLL as Global Retail Leasing Board Chairman

JLL’s retail leadership has been vocal about the company’s intent to serve as a global industry leader in retail real estate services. In the last 18 months, the firm has made strategic investments in top talent to expand its retailer representation business worldwide, and today marks another milestone. Industry heavyweight David Zoba joins JLL as Chairman of its Global Retail Leasing Board, formed in 2012 to strengthen the firm’s international retail service delivery. Zoba brings 30 years of experience to the firm, and spent the past six years as the Senior Vice President, Global Real Estate and Store Development at Gap Inc.

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Retail Heavy Hitter David Zoba Joins JLL as Global Retail Leasing Board Chairman

JLL’s retail leadership has been vocal about the company’s intent to serve as a global industry leader in retail real estate services. In the last 18 months, the firm has made strategic investments in top talent to expand its retailer representation business worldwide, and today marks another milestone. Industry heavyweight David Zoba joins JLL as Chairman of its Global Retail Leasing Board, formed in 2012 to strengthen the firm’s international retail service delivery. Zoba brings 30 years of experience to the firm, and spent the past six years as the Senior Vice President, Global Real Estate and Store Development at Gap Inc.

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Welcome Shelter Bay Retail Group to JLL

We have new colleagues to celebrate, with the closing of JLL’s acquisition of Shelter Bay Retail Group, a retail property management firm based in Mill Valley, California. The transaction adds 74 urban and suburban, open-air shopping centers totaling 6.5 million square feet to bring the firm’s industry-leading third-party retail property management portfolio in the United States to a total of 83.5 million square feet. The properties now under JLL management include 5.4 million square feet of assets located in the San Francisco Bay Area and San Jose/South Bay, one million square feet in Central and Southern California and another 138,175 square feet of property in Arizona. Shelter Bay’s entire team of 30 experts has joined JLL, and will continue to manage the portfolio. 

(Pictured left to right:  Sondra Van Metre, Director of Retail Property Management, West Coast; Stephen Robertson, Director of Retail Business Development, West Coast; Elizabeth Hearle, Market Director, Markets West, JLL )

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Welcome Shelter Bay Retail Group to JLL

We have new colleagues to celebrate, with the closing of JLL’s acquisition of Shelter Bay Retail Group, a retail property management firm based in Mill Valley, California. The transaction adds 74 urban and suburban, open-air shopping centers totaling 6.5 million square feet to bring the firm’s industry-leading third-party retail property management portfolio in the United States to a total of 83.5 million square feet. The properties now under JLL management include 5.4 million square feet of assets located in the San Francisco Bay Area and San Jose/South Bay, one million square feet in Central and Southern California and another 138,175 square feet of property in Arizona. Shelter Bay’s entire team of 30 experts has joined JLL, and will continue to manage the portfolio. 
(Pictured left to right:  Sondra Van Metre, Director of Retail Property Management, West Coast; Stephen Robertson, Director of Retail Business Development, West Coast; Elizabeth Hearle, Market Director, Markets West, JLL )
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Join us in welcoming Wilson Retail Group to JLL

Wilson Retail Group is the No. 1 retail agency leasing group in the region and currently represents nine million square feet of retail space in 75 shopping centers, and the firm’s investment sales team has $125 million of retail assets on the market. Combining the two firms will increase JLL’s ability to create additional value for clients, identify opportunities for growth and lead retail services in the Southwest  A total of 15 people from Wilson Retail Group will now become a part of JLL, so please come by to meet them at ICSC Recon in Las Vegas May 17-20.

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Join us in welcoming Wilson Retail Group to JLL

Wilson Retail Group is the No. 1 retail agency leasing group in the region and currently represents nine million square feet of retail space in 75 shopping centers, and the firm’s investment sales team has $125 million of retail assets on the market. Combining the two firms will increase JLL’s ability to create additional value for clients, identify opportunities for growth and lead retail services in the Southwest  A total of 15 people from Wilson Retail Group will now become a part of JLL, so please come by to meet them at ICSC Recon in Las Vegas May 17-20.

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