Today, more than 40 minutes a week is spent grocery shopping, adding up to more than two full days a year that shoppers weave through produce aisles and shiver in the freezer section, according to the Time Use Institute. There are more than 38,000 grocery stores nationwide and JLL’s latest Grocery Tracker explores four trends… Read More
As commercial real estate enters its sixth year of growth and volatility heightens in the public equity market, questions are beginning to surface as to how much longer this can continue. But investors show no signs of slowing as they satisfy their hunger for urban retail, potentially positioning 2015 as the highest year on record for the subsector outpacing a record year in 2014, according to JLL’s Q3 2015 Investment Outlook… Read More
1) The End of Overbuilding: Concerns of an overbuilt market impacting Atlanta retail are finally beginning to wane, and the sector is back on the upswing. Overall retail absorption is increasing, which is good news for the suburban market. There was a net 3.3% absorption across the market over the past year, with staggering in-town absorption of 10%. Vacancy rates are dropping as… Read More
Retailers, consumer goods and e-commerce companies are driving nearly 40 percent of all industrial real estate demand. A new JLL report on global e-commerce points to four major 2015 retail distribution trends:
1) Hello, Online Grocery Shopping. Grocery shopping as we know it is changing. Boston Consulting Group (BCG) expects the global online grocery market to increase from… Read More
Four years from now, you’ll see fewer traditional supermarkets as consumers spread their spending across multiple grocery stores. JLL Retail shares how shifts in the grocery landscape are impacting the sector and what you can expect in the next decade on Fox TV: http://bit.ly/1wlRvxW
New York News
It wasn’t too long ago when the outlook for Chicago grocery could politely be called ‘uncertain,’ with the shuttering of Dominick’s 72 stores at the end of 2013 as the most visible sign of this. But that picture is changing, says Peter Caruso of JLL.
What’s the current state of the Chicagoland grocery landscape?
Peter Caruso says: Extremely competitive! As competition in the grocery arena… Read More
Last October when Gables Residential announced that its new development in Uptown would be anchored by a Whole Foods Market, it probably surprised and thrilled the 20-somethings living in the trendy neighborhood. But it doesn’t take long to figure out why the Austin-based grocer would move into our urban core, engage street level foot-traffic along McKinney Avenue… Read More