Tag Archives: brokerage

JLL Takes a Bite Out of the Big Apple’s Retail Market

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Patrick SmithJLL makes another bold recruiting move with the addition of industry veteran Patrick Smith as Vice Chairman in the firm’s New York brokerage business. Smith has been serving retailers and investors operating in the New York region with a broad range of retailer representation, agency leasing, development and property management counsel for 23 years.

JLL’s New York President Peter Riguardi says Smith’s addition… Read More

A Look Ahead: Emerging NYC Submarkets for Retailer Expansion

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Pedestrians on Median in Times SquareICSC New York Update: Retailers are growing in a calculated and cost effective way by getting creative with store footprints and locations. While their appetite for the best sites remains strong, the sought-after high-street space in the city will be limited through 2017, pushing retailers into new areas. JLL’s retail experts point to a few emerging New York… Read More

JLL Marriage with Surge Retail Makes Sense

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Jones Lang LaSalle Retail Group has bolstered the firm’s retail tenant representation practice by adding more than 30 retail brokers throughout the country in the past 18 months.   Notably, Michael Hirschfield and Steve Farris of Surge Retail recently joined JLL through a merger agreement announced in late July.  With the addition of the powerhouse duo, who bring relationships with major retailers Aldo, Bose, Fossil, Swarovski and more, we can now offer clients… Read More

Call it the Retailization of Health Insurance

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Have you heard about the retailization of health insurance? From Medicare to a mall near you, is the newest retail concept to hit the market.

USA Today says, “For the first time, insurers are fiercely competing to attract individual consumers and turning to traditional retail marketing techniques to do so, luring them into stores with… Read More

All roads lead to retail in Florida

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We’re at ICSC Florida  and learning about the different drivers impacting the resurgence of retail in the Sunshine State including investment, development, vacancy and rental rates. What are you hearing and seeing on the conference floor?

Leave us a comment and click here to view the video.

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Restaurants flocking to South Florida

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As the economy continues to improve, restaurants are vying for space across the state of Florida, especially in the southern tip of the state.  VooDoo BBQ & Grill recently announced a 10-year lease at Hollywood Hills Plaza in Hollywood, FL, joining a number of restaurants that will benefit from Florida’s growing… Read More

Investors are casting a wider net

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Retail transaction volume may have been down in the beginning of 2013, but now the market is busier than ever. JLL is predicting an uptick in retail investment sales by at least 10 percent in 2013, with investors who had formerly been focused on Class A properties moving up the risk spectrum to those B and C assets in search of higher yields. JLL breaks down who’s buying, where, and why.

To… Read More

A Retail View From Hong Kong (part 1 of 2)

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As we enter 2013, Hong Kong’s economy appears to be gathering momentum, once again. After growing by just 1.4% in 2012, the slowest rate of growth since the Global Financial Crisis, most economists have penciled in real GDP growth of about 3.0% y-o-y in 1Q13. Leading the recovery has been the retail sector. Retail sales through the first two months of the New Year… Read More

Positive & Productive week at ICSC Chicago

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Positive & Productive was the theme of last week’s ICSC Deal Making Conference at Chicago’s Navy Pier.  While the consensus was that attendance was down,  all agreed on one key item – that retailers’ outlooks remain positive.   The timing of the San Diego/Chicago/Atlanta/New York conferences is problematic for retailers and they have to choose which events are best for them bringing… Read More

Chicago ICSC Deal-Making is positive and upbeat

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As the first day of the Chicago ICSC deal-making conference wraps up, I can reflect on the mood of the show as being positive and upbeat.  We’ve already met with several retailers that are looking to expand their retail footprint, including Rue 21, Children’s Place and Ulta, to name a few.  Some retailers are looking to backfill for 2012, however the majority… Read More