News and views

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.

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.

Read more

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

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.

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.

Read more

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.

Read more

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.

Read more

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. 

Read more

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. 

Read more

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.

Read more

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.

Read more

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

Read more

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

Read more

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. 

Read more

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. 

Read more

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.

 

Read more

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.

 

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

Retailers brace for 2017

CNBC, December 28, 2016

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

Read more

Retailers brace for 2017

CNBC, December 28, 2016

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

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

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.

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.

Read more

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

Read more

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

Read more

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

Read more

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

Read more

Burton Snowboards Relocates Within Vibrant SoHo district

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

Read more

Burton Snowboards Relocates Within Vibrant SoHo district

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

Read more

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. 

Read more

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. 

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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. 

Read more

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. 

Read more

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. 

 

Read more

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. 

 

Read more

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)

Read more

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)

Read more

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

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.

Read more

Four Chicago Corridors Retailers Should Explore

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

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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 )

Read more

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 )
Read more

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.

Read more

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.

Read more