Monthly Archives: November 2017

Malls once full of shoppers, now home to students

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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

Extreme makeover, mall edition

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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refreshing branding strategies to improve and add to their appeal, through common area improvements like modernizing outdated features like new… Read More

Old school experience, new school technology

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By: Marilynn Joyner, JLL Retail in New York.

In today’s digital age, consumers’ expectations of their beloved brands are expanding. Shoppers now have an increased need for a more personalized shopping experience – which only a physical retail store can deliver.

The firm L2 found that 75% of online shoppers worldwide consider the brick-and-mortar… Read More

JLL Predicts Up to 6 Percent Growth in Holiday Season Spending

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Once the last trace of Halloween candy is gone, Americans plan to get started on holiday shopping. Nearly 30 percent of shoppers will start shopping prior to Thanksgiving, while just over 30 percent of shoppers will start stocking up over the five day period from Thanksgiving to Cyber Monday.

“As we head… Read More