Peter Caruso, SVP, Retail Brokerage, is the ultimate example of patience + persistence = prosperity. Prior to joining JLL, the market had begun recovering from the worst downturn in modern day Retail history. For Peter, things were good; however, he was functioning on a regional platform. He was excited to come to JLL, a global platform, which was the wave of the future. To Peter, it doesn’t feel like a big… Read More
JLL says healthy food, affordable pricing, private labels and digital integrations drive grocery store performance.
Grocery-anchored centers continued to be an attractive property type for investors in 2017, with sales volumes increasing by 5.3 percent. The asset class remained stable amid a period of low retail transaction volumes. But after grocery store expansions went bananas 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
Tom Lagos, Patrick Toomey, Jordan Uttal and Heather Boren to strengthen retail platform in Southern California
JLL is strengthening its West Coast retail client service offerings yet again. January 2018, the firm added investment sales experts Tom Lagos and Patrick Toomey as Executive Vice Presidents and Jordan Uttal and Heather Boren as… Read More
Andrew Rosenberg and Kesha Williams boost JLL’s growing retail brokerage platform in South Florida
MIAMI, January 23, 2018 – JLL announced the addition of two experienced brokers to its Florida Retail Brokerage practice. Andrew Rosenberg joins JLL as Vice President and Kesha Williams as Senior Associate of Retail Brokerage for the South Florida market. The new hires reflect JLL’s ongoing commitment to growing the firm’s leasing and tenant representation offerings in… Read More
5 ways retailers can increase sales volumes online and in-store all year By: Marilynn Joyner, JLL Retail in New York.
The holiday season is the most wonderful time of the year, or so the song goes. It’s also the time of the year where majority of retailers reach their highest annual… Read More
For the past 17 years, Jason Metz has been at the forefront of the brand experience revolution. He’s helped iconic brands including: Porsche, P&G, Adidas, IBM, Anheuser-Busch, Walmart, Forever21, Nokia, MillerCoors, Pizza Hut and Conde Nast create stronger, more rewarding and longer-lasting relationships with their consumers, resulting in significantly higher sales, profitability and market share.
JLL Retail Research looks at coming closures, the impact of e-commerce on brick and mortar stores, how the store experience is changing and which retailers are actually expanding operations despite the current climate (as of September 2017).
Retail performance fundamentals are in a holding pattern as vacancies remain flat. Net absorption has softened as quality space gets harder to find thanks to limited development in recent years. Restrained construction and few new retail space additions have also kept rents inching upward, moving many major markets to their… Read More
Seattle, dubbed as the Emerald City, makes it rain with a variety of retail. Having more to offer than fish markets and coffee house culture, the Seattle metro serves as home base for many retailers including Starbucks, REI, Amazon, Costco and Nordstrom. Because of this, the city gets more than its fair share of buzzworthy retail, like the huge Starbucks Roastery, the cashierless Amazon Go and… Read More