Category Archives: Retail Transactions

Drones, Driverless Cars? Watch the Live Broadcast of James Cook on Futureproofing Retail

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Cook, JamesDo 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… Read More

JLL adds Trio of Multi-Market Disposition Experts

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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.

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Global Food and Beverage Industry Takes a Cue from Fashion Retailers

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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

Roger Staubach’s Secret to Success in Retail = Teamwork and Family

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Chances are if you’ve ever watched one of the Dallas Cowboy’s pro football big games in the ‘70s, you can recognize this throw.

roger-ball

Standing in the front of a packed Retail Product Council at the Urban Land Institute’s Fall Conference in Dallas, is JLL’s own Executive Chairman and… Read More

Flagship Confidential: Enticing Customers with Experiences

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Flagships signify the lead ship guiding a fleet, and today flagship stores act similarly for a retailer guiding their store portfolio with innovative concepts, technology and merchandise. While luxury brands have used flagship stores for years to connect with customers and grow brand recognition, JLL’s latest research report Flagship Confidential, shows an increase in retailers across all price points using a flagship store strategy. The report, which looks at 145 flagship… Read More

Want to buy your hotel’s bed? Now you can.

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The hospitality industry’s influence has expanded significantly in recent years, with an integration into chic corporate office spaces, custom retail environments and even healthcare facilities.

 

Retailers are constantly focused on reinventing their brands to meet changing consumer expectations, so it’s no surprise that furniture retailer West Elm recently announced its plan to launch a chain of boutique hotels in order to sustain its growth without opening an army of new stores.

“Retailers need… Read More

Shorenstein & JLL Transform 1407 Broadway Retail Space into a Foodie Destination

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JLL today announced that the firm has secured four leases on the ground floor of 1407 Broadway in New York City. The four new-to-market food concepts, ’wichcraft, Luke’s Lobster, Gregory’s Coffee and Juice Generation are all expected open by mid-2017. Shorenstein Properties LLC, who purchased the property in May of 2015, hired JLL to market the 25,000-square-foot retail component in the building, which is a full block on Broadway between 38th… Read More

Luxury Retailers Broaden Horizons to Target Urban U.S. Meccas

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The global luxury market continues to outpace expectations. Luxury spending exceeded €1 trillion last year largely driven by personal luxury good purchases. Americans were the second-largest group of luxury buyers behind the Chinese, making up nearly a quarter of the global luxury spend worldwide. But as Karl Lagerfeld famously said, “keep the best, forget the rest” and today’s luxury retailers are doing just that by selectively targeting 11 major U.S. cities… Read More

Aliana, in Houston, Lands New HEB Grocery Store

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aliana-imgOn behalf of Aliana Development Company, JLL today announced the firm has completed the sale of 15 acres of land zoned for retail development in Richmond, Texas. HEB purchased the asset, and has commenced construction on an upscale 102,000-square-foot HEB grocery store located at SH-99 and… Read More

CityCenter Enters Into Agreement to Sell The Shops at Crystals in Las Vegas

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Shops at CrystalsCityCenter Holdings, LLC (“CityCenter”), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp., today announced that it has entered into a definitive agreement with a venture led by Invesco Real Estate (NYSE: IVZ) and Simon Property Group (NYSE: SPG) to acquire The Shops at Crystals for a purchase price of approximately $1.1 billion.

Located… Read More