JLL Grows Retail Property Management with Three Retail Assets

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10 MGHerring Group employees join JLL; Gar Herring now Senior Vice President of Retail Development  

On behalf of The MGHerring Group, JLL today announced that the firm is adding 10 MGHerring Group employees and three retail assets to its portfolio. The firm will now manage, develop and maintain tenant coordination on Silver City Galleria in Taunton, Massachusetts and Market Street at Heath Brook in Ocala, Florida; and develop and maintain tenant… Read More

United States Retail Outlook – Q1 2018

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Strong consumer confidence is signaling a positive year for retail sales but fundamentals are softening for most retail property types. After a slow start to 2018, retail sales have improved as the quarter closed and strong consumer spending should continue thanks to recent federal tax cuts and a healthy… Read More

JLL Tapped to Lease and Manage Liberty Center in Ohio

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JLL adds more than 800,000 square feet of retail space to its portfolio under management

JLL today announced the firm has been retained to provide retail leasing and property management services on behalf of the owners for Liberty Center located at 7100 Foundry Row in Liberty Township, Ohio. Situated between Cincinnati and… Read More

Coworking spaces to fill closed stores

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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

5 Things Retailers Should Know For Back-To-School

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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 acquires Northwest Atlantic in Canada

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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

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JLL grows West Coast retail development practice

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Greg Whitney joins team as Senior Vice President

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.

Whitney has… Read More

Retail Sales Update

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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

JLL Grows West Coast Leasing Practice

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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

E-commerce sales tax ruling: a boon to brick and mortar retail?

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The highest court in the U.S. has leveled the playing field for e-commerce companies and retail landlords snared in a tug-of-war for consumers.

The Supreme Court ruled last week that state governments have the authority to collect billions of dollars in new sales tax from online retailers – even when… Read More