Monthly Archives: May 2014

Phoenix Retail Market Goes From Bleak to Bright

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Excerpt by Ian Ritter, GlobeSt.com: Read the Full Story

When the recession was in full swing, one of the markets that took the biggest hit was Phoenix. Residential and commercial real estate were overbuilt in the market, and the retail sector became a casualty. That’s all changing now, as retailers are starting to expand into the market. Retail real estate vacancy rates in Phoenix are currently around 10.5% and expected to fall below 10% by the end of the… Read More

In Chicago Will the Mighty Middle Retailers Survive?

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Excerpt by Ian Ritter, GlobeSt.com: Read the Full Story

Chicago_ChicagoMattChicago is on the front lines when it comes to the struggles that middle-market grocery companies are facing, while competitors targeting consumers in both the lower- and upper-income brackets expand and flourish. At the end of last year, Dominick’s, a household supermarket name in the area, closed its 72 stores.

However,… Read More

Think Global, Act Local in the $1.5 Trillion Global E-Commerce Market

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Industrial

Building global e-commerce market share? Know your destination. A retailer’s growth will follow a different path in developing countries, versus mature markets. According to eMarketer, worldwide business-to-consumer ecommerce sales will increase by 20.1% this year to reach $1.5 trillion. For the first time, consumers in Asia are expected to spend more on e-commerce purchases than those in North America.

“Think

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Beyond the Traditional Block: 2014 is Shaping up to be a Retail Seller’s Market

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By Brian Rogal, Excerpt from GlobeSt.com

Strengthening retail market fundamentals and price appreciation are making the investment community bullish on retail sector in 2014. After a strong first quarter this year, the momentum is expected to continue as increased demand for retail assets has created optimal conditions for sellers.

Kris Cooper Video Screenshot

Grocery-anchored, urban high street retail and trophy malls… Read More

Ground-Up Retail? It’s Happening in Atlanta.

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Excerpt by Ian Ritter, GlobeSt.com: Read the Full Story

Atlanta_RRGThere isn’t a whole lot of new commercial real estate development taking place anywhere in the country, and the retail sector is no exception. However, the Atlanta area is proving to be the exception, and John Bemis, executive vice president and retail market lead in Atlanta and the Southeast for JLL shared that the city… Read More

Retail Expansion From the Mall Up

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Excerpt from GlobeSt.com Greg and Steve - standing

Aggressive company expansions typically come through organic growth or accretive acquisitions. For JLL Retail, the company’s path to forming a competitive national brokerage business began with a new outlook at the local mall level.

“We changed how we viewed the growth of our retail business during strategy session several years ago,” Greg Maloney, the chief executive officer… Read More

Investment into Asia’s Retail Real Estate Remains Strong Driven by Japan and China

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JLL predicts high retail investment sales transaction volumes in 2014, driven by Japan and China due to:

  • Increasing weight of capital targeting region’s retail real estate markets in 2014
  • Limited availability of investible stock forcing investors up the risk curve into emerging markets
  • Japan and China continue to drive transaction volumes
  • Expected further increase in number of strategic partnerships

ShoppingCentre-SingaporeRetail… Read More

Retail Not Left Behind in Texas’ Vibrant CRE Market

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Excerpt by Ian Ritter, GlobeSt.com: Read the Full Story

Dallas3_adambernhardtIt’s no secret that the commercial real estate industry in Texas has been on fire for some time now. The retail real estate sector has certainly not been left out in the cold, executives from JLL told us, focusing on the Dallas, Austin and San Antonio markets.

“The Texas retail market is very robust,” says ClayRead More