The largest shopping day in Asia started as a somewhat anti-valentine’s day, where shoppers bought presents for themselves on November 11. But how does Single’s Day in China stack up to Valentine’s Day and the busiest shopping days around the world? Click to read more on Forbes and get the stats at a glance below. … Read More
JLL continues to build national leasing platform to compliment firm’s third-party management practice
JLL today announced it has hired Kristin Grove as a Vice President of National Retail Leasing based in Los Angeles. In her new role, Grove will support JLL’s investor clients by overseeing the leasing efforts and merchandising strategy for their retail space on the West Coast. Grove brings to JLL extensive retail leasing experience on a wide array of retail assets including… Read More
Featuring Tom Mullaney, Managing Director of JLL’s Retail Restructuring
Tom, a Chicago native, started his career with no understanding of real estate whatsoever. After graduating from Princeton and Harvard Business School, he went to work at the consulting firm McKinsey & Company. Tom left McKinsey & Company after four years to help create the first urgent care… Read More
Today people change their relationship status with a simple click, but in times past the mall is where you went to make known your significant other. This Valentine’s Day, JLL is bringing some of that nostalgia back with its “Let’s Share the Love” campaign at 25 of its managed centers. Consumers can enter to win a $200 gift card to share something sweet with their Valentine by carving their initials on the “Share the… Read More
Traditional retailers continue to evolve their businesses to be more online and mobile friendly, while conversely online retailers are aggressively looking to create physical storefronts to complement their web brands. According to JLL’s Screens to Stores report, there will be even more online retailers experimenting with physical locations in the next five years.
“E-tailers see the need to move their businesses into physical locations in order to grow sales and further market their brands, but… Read More
James Cook, director of retail research, researches retail and real estate for JLL. James’ podcast “Where We Buy” is a show about the things we buy and the places we buy them. Listen to the latest episode “Artificial Intelligence” where James discusses artificial intelligence and how it may draw the… Read More
The major retail re-development on West 42nd Street between 7th and 8th Avenue with 400 feet of frontage, is now being leased by JLL.
NEW YORK, Jan. 10, 2017 – Twenty years ago E*Walk was built as part of the revitalization of New York City’s famed 42nd Street, one of the largest urban renewal programs in the United States, and today it’s making history once again. The retail complex will be undergoing a complete renovation,… Read More
In the quest for growth, food retailers are on the heels of the fashion industry expanding globally and combining technology, gastronomy and a bit of psychology to entice, entertain and satisfy, according to a new report by JLL released today. Like its fashion counterpart, international food and beverage expansion is being fueled by low growth in US and Western European markets, an increase in globalization and tourism, and the rapid rise of the middle… Read More
JLL’s Michael Hirschfeld spent an hour speaking to retail real estate professionals at the recent ICSC New York Dealmaking Conference. He gave insight to leasing fundamentals with his over 40 years of expertise of tenant representation – in case you missed it, here is our recap.
While discussing some of the basics behind lease structures, Michael provided some color commentary from on-the-street experience with some of… Read More
Retail investment sale volumes totaled $50.8 billion through Q3 2016, driven by an increase in large, high-quality retail transactions. Transactions in excess of $100 million accounted for more than two-thirds of deal flow in Q3 and average cap rates have fallen by 41 basis points and sit at 4.5 percent – an indication that markets may be… Read More