JLL predicts coworking in retail properties to grow 25 percent per year, for the next five years
The traditional 9-to-5, five-day work week, routine is slowly morphing into work-life integration. Approximately 43 percent of employed Americans now say they spend at least some time working remotely and there’s no signs of that slowing.… Read More
It’s officially August, which means school bells will be ringing soon – punctuating the languid summer air with a shrill note of finality – much to the chagrin of school-aged children across the U.S. But while kids may be mourning the disappearance of the lazy days of Summer,… Read More
JLL today announced the acquisition of Northwest Atlantic (Canada) Inc. (NWA), the leading independent Canadian retail tenant representation and advisory firm headquartered in Toronto, Canada. The transaction enables JLL to expand its current retail advisory business in the market and provide an extensive range of real estate and leasing services to retailers seeking to enter, expand or operate in Canada. Within JLL, Northwest Atlantic will operate as a boutique practice team with… Read More
JLL today announced the addition of Greg Whitney to its West Coast Retail Development team as Senior Vice President of Retail Development. Whitney will be responsible for identifying development opportunities within the West Coast region, implementing ground-up and redevelopment strategies, and overseeing the successful completion of projects.
After a tepid start to the year, consumer spending appears to be back in full-swing as shown by today’s retail sales numbers. June saw a 0.5% month-over-month increase and a, more importantly, 6.6% year-on-year increase over June 2017. Home purchases have seen a significant bump driven by lower taxes and… Read More
Lauren Stilley joins team as VP of National Retail Leasing – reflecting the firm’s commitment to growing its retail property management and brokerage platform.
JLL announced the addition of Lauren Stilley to its West Coast retail team as Vice President of National Retail Leasing. Stilley will work across the Hawaii and California markets in her new role.… Read More
With Congress’ recent passing of the Tax Cuts and Jobs Act, growth domestic product (GDP) growth in 2018 is expected to exceed last year’s increases which bodes well for the retail sector. Overall commercial real estate transaction volumes have exceeded expectations, but investment into retail assets reached just $12.8 billion January to April 2018, according to JLL.
JLL recorded a 46 percent decline of investment… Read More
JLL announced today that it has won four MAXI Awards and one Visual Victory Award from the International Council of Shopping Centers (ICSC), the world’s largest retail real estate organization. The MAXI Awards recognize innovative events, programs and technologies that add value to shopping centers and companies across the United States. Categories are designed to recognize the evolution of the industry, while rewarding creativity and innovation with Gold, Silver, and Finalist… Read More
New JLL and Big Red Rooster study creates benchmarks for in-store experiences and ranks the top retailers; Apple takes top spot
Creating brand affinity has always been a top priority for retailers, but now retailers need new ways to build shopper satisfaction in-store. What makes shoppers content from the moment they walk through the door all the way to their purchase? JLL and Big Red Rooster evaluated 100 stores and surveyed… Read More