Tag Archives: retail

JLL grows West Coast retail development practice

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Greg Whitney joins team as Senior Vice President

JLL today announced the addition of Greg Whitney to its West Coast Retail Development team as Senior Vice President of Retail Development. Whitney will be responsible for identifying development opportunities within the West Coast region, implementing ground-up and redevelopment strategies, and overseeing the successful completion of projects.

Whitney has… Read More

Retail Sales Update

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After a tepid start to the year, consumer spending appears to be back in full-swing as shown by today’s retail sales numbers. June saw a 0.5% month-over-month increase and a, more importantly, 6.6% year-on-year increase over June 2017. Home purchases have seen a significant bump driven by lower taxes and… Read More

What shoppers want and how retailers can deliver

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New JLL and Big Red Rooster study creates benchmarks for in-store experiences and ranks the top retailers; Apple takes top spot

Creating brand affinity has always been a top priority for retailers, but now retailers need new ways to build shopper satisfaction in-store. What makes shoppers content from the moment they walk through the door all the way to their purchase? JLL and Big Red Rooster evaluated 100 stores and surveyed… Read More

More than Just Work: Matt Writt

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Matt Writt, VP, Retail Brokerage, is an army of one in Denver, Colorado. For Matt, life before JLL at his prior company was non collaborative, but JLL has been the opposite. Matt shares, “There’s cooperation across business lines and markets which have made a big difference in my success.” Having great support that allows him to focus on developing business and transactions was instrumental. He continues, “Beth Steeler (Denver), and the… Read More

Craving insights? New trends in grocery

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Smaller and more focused stores

Smaller footprints have more opportunities in urban locations and in mixed use projects. Grocers like Aldi and Trader Joe’s benefit from the flexibility to take smaller spaces in vertically integrated projects. HyVee recently announced that while traditional-sized stores will still be rolled out, smaller format stores of… Read More

Best of Both Worlds: Bridget Grams

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Bridget Grams, EVP, Retail Brokerage, worked for a small 12-person company prior to JLL and life was great, but she never imagined it could get better. Imagine her apprehension of transitioning to such a larger company, but the transitions was smooth and life at JLL has been fantastic.

Bridget’s had a successful year due to the human aspect. From her team that works out… Read More

Shauna Mattis: A Slam Dunk

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Shauna Mattis, Senior Vice President, Retail Brokerage out of Los Angeles, leads client management and leasing services of retail space throughout Southern California. Her clients include REIT’s, developers, receivers, institutional and professional shopping center owners. Through her portfolio of properties, she has successfully completed leases with many of the active retail chain tenants in the industry.

Shauna looks at her career as another opportunity in her life to help others. At home… Read More

Investors increase appetite for grocery-anchored assets while store expansions taper

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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

Three Ways to Restructure your Lease

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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