JLL launches Global Food Trends report at ICSC Food for Thought Conference
JLL has scoured the globe for the weirdest, most wonderful and prophetic innovations of foodservice and shortlisted five mega trends that landlords and restaurateurs should watch in 2018 in its recently released Global Food Trends 2018 report. According to the report, launched today at… 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
Do you attack your occupancy costs as aggressively as you do your cost of goods sold? As your labor and overhead costs? Very few companies do, but increasingly some of the most successful companies in the world are aggressively determined to reduce occupancy costs to improve profitability. Restructuring your leases can make a material impact on your bottom line and get you back to, or help keep you in a strong… Read More
A JLL client, Case Equity Partners is pleased to present a patent-pending solution to the challenges facing brick and mortar and e-commerce – The Shopping Fulfillment Center. The SFC is a “hybridization of brick and click” combining a last-mile fulfillment center with a lifestyle retail center – requiring minimal up-front retailer investment or fixed costs, while providing shoppers with the best of e-tail and retail.
JLL may not have the same heroic swagger as Wonder Woman, but the company is using its own magic lasso to define consumer behavior patterns. Using a virtual lasso, commonly referred to as a geofence, JLL is tracking the holy grail of consumer data: an accurate profile of shoppers entering a property through its new tech tool, PinPoint. This new geofencing software tool analyzes mobile data (both cellular and GPS) at… Read More
There are communities that have too much retail space. But, prime real estate can be converted, demolished and/or rezoned for new developments. About 22 percent of malls that JLL studied have taken this approach.
So, why buy a mall and create something totally different? Well, because good real estate locations are always a good investment.
Highland Mall, the first suburban shopping mall in Austin, Texas opened in 1971 and officially closed its doors nearly… Read More
More than 94% of mall owners are ditching their old digs for new common area couches, a fresh coat of paint, new stores and/or a name change. A little freshening goes a long way along. Sometimes success is all about marketability.
Malls are refreshing branding strategies to improve and add to their appeal, through common area improvements like modernizing outdated features like new… Read More
Once the last trace of Halloween candy is gone, Americans plan to get started on holiday shopping. Nearly 30 percent of shoppers will start shopping prior to Thanksgiving, while just over 30 percent of shoppers will start stocking up over the five day period from Thanksgiving to Cyber Monday.
Nearly 30% of mall owners are adding apartments, offices or hotels to their properties according to a recent JLL survey. But, why are these owners seeking to creating a self-sustaining destinations?
Well, malls are working hard to rid the public of the perception that they are places solely for occasional shopping events – like the holidays. They are handpicking tenant mixes that cater to specific shoppers like millennials, luxury seekers, and those who… Read More