Tag Archives: New York

High-profile transactions drive retail investment so far in 2018

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JLL Q3 Retail Investment Outlook finds YTD investment sales growth rises 36.1 percent
Transactions volumes total $56.9 billion YTD

Retail transaction volume totaled $56.9 billion year-to-date at the end of Q3 2018 according to the Q3 U.S. Retail Investment Outlook released today by JLL at the International Council of… Read More

E-Commerce Retailers Plan 850 Physical Stores in the Next 5 Years

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JLL releases new research report on the growing Clicks-to-Bricks retail segment

JLL released its latest research report titled, “How e-commerce brands get physical” which analyzes and discusses the growing trend of E-Commerce retailers opening up Brick and Mortar retail locations. The report findings show that several major previously online only retailers… Read More

City Series: New York – Where Big Retail Footprints Leave Big Shoes to Fill

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Providing no shortage of opportunities, New York has a sheer volume of national, discounted and luxury retailers which can be overwhelming for a local let alone a tourist. Looking to save or splurge, no problem, the city where dreams are made will make you think you’re dreaming with all of the shopping possibilities. When it comes to shopping in New York, the options… Read More

To pop-up or not to pop-up? That is the question.

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Ever notice that Halloween store that opened overnight? Or, heard through the grapevine that your favorite Etsy store would be opening a home in your neck of the woods? Pop-up stores are becoming increasingly popular and can generate tons of buzz and business for retailers looking to expand… Read More

The Basics Behind the Deals: an ICSC New York Recap

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Hirschfeld, MichaelJLL’s Michael Hirschfeld spent an hour speaking to retail real estate professionals at  the recent ICSC New York Dealmaking Conference. He gave insight to leasing fundamentals with his over 40 years of expertise of tenant representation – in case you missed it, here is our recap.

While discussing some of the basics behind lease structures, Michael provided some color commentary… Read More

Flagship Confidential: Enticing Customers with Experiences

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Flagships signify the lead ship guiding a fleet, and today flagship stores act similarly for a retailer guiding their store portfolio with innovative concepts, technology and merchandise. While luxury brands have used flagship stores for years to connect with customers and grow brand recognition, JLL’s latest research report Flagship Confidential, shows an increase in retailers across all price points using a flagship store strategy. The report, which looks at 145 flagship… Read More

Shorenstein & JLL Transform 1407 Broadway Retail Space into a Foodie Destination

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JLL today announced that the firm has secured four leases on the ground floor of 1407 Broadway in New York City. The four new-to-market food concepts, ’wichcraft, Luke’s Lobster, Gregory’s Coffee and Juice Generation are all expected open by mid-2017. Shorenstein Properties LLC, who purchased the property in May of 2015, hired JLL to market the 25,000-square-foot retail component in the building, which is a full block on Broadway between 38th… Read More

Q&A with JLL’s Bob Gibson: 5 Reasons Why NYC is a Global Retail Mecca

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NYC1) Tourists Love the Big Apple: A record 56.4 million people descended upon New York City in 2014, a 23% increase from only five years prior. And when tourists visit, they shop and spend money—that crowd generated a record $61.3 billion in overall economic impact. The City’s lofty goal: to attract 67 million annual visitors by 2021.

2) Everything Old is New Again: Worldwide… Read More

Life, Liberty and the Pursuit of Retail Space

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Retailing USAThe U.S. market has six times more retail square feet per person that the United Kingdom, with 2,375 square feet per 100 inhabitants. That’s more space than France, Denmark, Finland, Portugal, Spain, Italy and Germany combined, making it an increasingly attractive locale for European retailers that have reached maturity… Read More

Big Real Estate Moves in the Big Apple: Amy Zhen Joins JLL to Expand Retail Capabilities

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JLL continued the expansion of its retail platform in New York City with the addition of Amy Zhen. Zhen will serve as a Senior Vice President working on the team lead by Vice Chairman Bob Gibson, who joined JLL earlier this year Zhen Amy_Headshotto lead the firm’s New York retail brokerage practice. In her new role, Zhen is tasked with developing… Read More