JLL announced today that it has won four MAXI Awards and one Visual Victory Award from the International Council of Shopping Centers (ICSC), the world’s largest retail real estate organization. The MAXI Awards recognize innovative events, programs and technologies that add value to shopping centers and companies across the United States. Categories are designed to recognize the evolution of the industry, while rewarding creativity and innovation with Gold, Silver, and Finalist… Read More
Smaller and more focused stores
Smaller footprints have more opportunities in urban locations and in mixed use projects. Grocers like Aldi and Trader Joe’s benefit from the flexibility to take smaller spaces in vertically integrated projects. HyVee recently announced that while traditional-sized stores will still be rolled out, smaller format stores of… Read More
Shauna Mattis, Senior Vice President, Retail Brokerage out of Los Angeles, leads client management and leasing services of retail space throughout Southern California. Her clients include REIT’s, developers, receivers, institutional and professional shopping center owners. Through her portfolio of properties, she has successfully completed leases with many of the active retail chain tenants in the industry.
Shauna looks at her career as another opportunity in her life to help others. At home… Read More
Adam Cody has been in retail 15 years, starting out at The Staubach Company two weeks after graduating from the University of Illinois. He was in a research and broker support position where he learned the ropes before eventually transitioning into full on brokerage.
As a leader, Adam walks the walk. It’s not what’s said in… Read More
Margaret Caldwell and Margaret Jones, commonly referred to as the Margarets, recently had their 10 year JLLiversary. Together, this dynamic Atlanta-based duo on our Capital Markets, Retail team has closed dozens of deals, impressed hundreds of clients and been an all-around fantastic pair since they joined the firm. Learn more about what makes the Margarets tick and the secret sauce of their success.
What’s day to day life like being on your… 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
JLL today announced it has sold Warner Robins Place, an open-air shopping center in Warner Robins, Georgia to St. Louis-based Integris Ventures. Warner Robins Place is a 107,941-square-foot shopping center anchored by TJ Maxx, PetSmart and Beall’s Outlet and shadow anchored by Walmart Supercenter and Lowe’s Home Improvement.
JLL Managing… Read More
When does it make sense for retailers to own the shopping centers they occupy? James talks to Rachel Elias Wein of WeinPlus to answer that question. Also, economist Ryan Severino explains how consumer confidence can be high despite slow GDP growth. LISTEN HERE >>>
Got a retail question? Tweet at @JamesDCook
Read our retail research: jllretail.com/retail-intelligence
James meets up with foodservice consultant Jonathan Doughty to chat about how restaurants can stay relevant amidst changing tastes and technologies. Want to learn more about foodservice best practices? LISTEN HERE >>>
A new report from ICSC and JLL is posted online at jllretail.com/retail-intelligence.
While the number of store closure announcements is lower than during the recession, the amount of retail space closing is higher. Apparel and shoe retailers are closing the most number of stores, yet ironically apparel is also in the top three of aggressive expansion stores alongside auto parts and dollar stores. Only a modest amount of apparel sales have shifted online and apparel shoppers are shifting from mid-priced clothing stores and… Read More