Do you attack your occupancy costs as aggressively as you do your cost of goods sold? As your labor and overhead costs? Very few companies do, but increasingly some of the most successful companies in the world are aggressively determined to reduce occupancy costs to improve profitability. Restructuring your leases can make a material impact on your bottom line and get you back to, or help keep you in a strong… Read More
Clients and Friends:
It is with deep sadness that we share the stunning reality that we lost a valued member of the retail and real estate community, Scott Kaplan. Scott passed away unexpectedly last week. Details are below on the celebration honoring his life.
A true retail champion, Scott was a leader among leaders. He led a life filled with passion, enthusiasm, integrity and bravery. His clients meant the world to him, and he valued… Read More
Tom Lagos, Patrick Toomey, Jordan Uttal and Heather Boren to strengthen retail platform in Southern California
JLL is strengthening its West Coast retail client service offerings yet again. January 2018, the firm added investment sales experts Tom Lagos and Patrick Toomey as Executive Vice Presidents and Jordan Uttal and Heather Boren as… Read More
Andrew Rosenberg and Kesha Williams boost JLL’s growing retail brokerage platform in South Florida
MIAMI, January 23, 2018 – JLL announced the addition of two experienced brokers to its Florida Retail Brokerage practice. Andrew Rosenberg joins JLL as Vice President and Kesha Williams as Senior Associate of Retail Brokerage for the South Florida market. The new hires reflect JLL’s ongoing commitment to growing the firm’s leasing and tenant representation offerings in… Read More
5 ways retailers can increase sales volumes online and in-store all year By: Marilynn Joyner, JLL Retail in New York.
The holiday season is the most wonderful time of the year, or so the song goes. It’s also the time of the year where majority of retailers reach their highest annual… Read More
A JLL client, Case Equity Partners is pleased to present a patent-pending solution to the challenges facing brick and mortar and e-commerce – The Shopping Fulfillment Center. The SFC is a “hybridization of brick and click” combining a last-mile fulfillment center with a lifestyle retail center – requiring minimal up-front retailer investment or fixed costs, while providing shoppers with the best of e-tail and retail.
JLL may not have the same heroic swagger as Wonder Woman, but the company is using its own magic lasso to define consumer behavior patterns. Using a virtual lasso, commonly referred to as a geofence, JLL is tracking the holy grail of consumer data: an accurate profile of shoppers entering a property through its new tech tool, PinPoint. This new geofencing software tool analyzes mobile data (both cellular and GPS) at… Read More
There isn’t much Karen Raquet hasn’t done in the retail business – except maybe change an HVAC filter. Her retail roots run deep. Learn a little more about how Karen Raquet went from Santa’s Helper to International Director during her 40-year career in retail.
Born in Uruguay, South America she was the youngest daughter in her… Read More
There are communities that have too much retail space. But, prime real estate can be converted, demolished and/or rezoned for new developments. About 22 percent of malls that JLL studied have taken this approach.
So, why buy a mall and create something totally different? Well, because good real estate locations are always a good investment.
Highland Mall, the first suburban shopping mall in Austin, Texas opened in 1971 and officially closed its doors nearly… Read More
More than 94% of mall owners are ditching their old digs for new common area couches, a fresh coat of paint, new stores and/or a name change. A little freshening goes a long way along. Sometimes success is all about marketability.
Malls are refreshing branding strategies to improve and add to their appeal, through common area improvements like modernizing outdated features like new… Read More