Although the aesthetic of Washington DC is conservative, it doesn’t mean the shopping is. Whether you’re looking for highly regarded brands or a trusted national retailer, there’s no limit to what the nation’s capital provides. With the arrival of big names in retail and food & beverage, the city is proof that it’s prime for growth and repositioning.
Washington DC’s Metro Center is an emerging retail
On behalf of Katz Properties, LLC, of New York City, JLL’s Capital Markets experts today announced the company completed the sale of the 211,758-square-foot Brookhaven Shopping Center in Brookhaven, Pennsylvania. The Shoprite and Lowes anchored property traded to Invesco Real Estate, a global real estate investment manager. JLL’s Managing Directors Chris Angelone and Jim Galbally led the team on the sale.
“We’re seeing institutional investors continue to target grocery-anchored assets in infill… Read More
When the Chicago Cubs won the 2016 World Series (after a long 117 years), tourism was booming and the victory parade blew 5 million people into the Windy City. Chicago is home to fresh and established corridors that are bringing in more people and ultimately, more money. With their energy and mix of options, it’s no wonder that Magnificent Mile, State Street, Oak Street, Wicker… Read More
Whoever said brick-and-mortar shopping is a dying breed hasn’t visited Canada. Toronto and Vancouver’s prime urban retail corridors are a shopper’s paradise. From independent boutiques to upscale luxury retailers, both cities have something for every budget.
Vancouver’s South Granville attracts international retailers, tech titans and independent home-goods boutiques while Robson Street sees transformation from bleak to chic with international and luxury retailers.
Known for birthing the country’s classic baked beans and for leading you along the Freedom Trail of authentic history and treasure, Boston also provides an impressive array of convenient and accessible shopping options for locals and tourists alike.
For a place to see and be seen, venture down Newbury Street to window shop (or splurge) at retailers like Chanel, Giorgio Armani and Burberry. It’s rich history
What’s at bay in the Bay Area? Its retail reach which attracts a wide range of retailers and styles. San Francisco and Silicon Valley make up much of what’s known as the Bay Area. And one thing its corridors has in common is there is more demand for retail space than supply and too many people – which technically isn’t a bad problem to have.
Do you need to help your retailer and owner clients future-proof their business? With so much else to do, there’s not time to think about the future. You’re busy just trying to get through the day. Don’t panic — spend 20 minutes listening to James Cook, our Director of Retail Research LIVE… Read More
JLL continues the strategic expansion of its disposition business in Houston with the addition of three new experts Donna Kolius, Pierce Owens and Kaylie Walker. The group will join JLL’s brokerage team focusing on multi-market dispositions, national portfolio strategies, and sale leasebacks for corporations, private equity firms, real estate investment trusts, investors and retailers.
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… Read More