Tag Archives: retail

Malls once full of shoppers, now home to students

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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

Extreme makeover, mall edition

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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refreshing branding strategies to improve and add to their appeal, through common area improvements like modernizing outdated features like new… Read More

Make Way for Mixed-Use

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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

Kicking Canvassing into High Gear

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It doesn’t matter if you’re a retail newbie or seasoned industry vet, everyone can use a refresher on how to canvass. Which is why JLL has implemented a Specialty Leasing boot camp, facilitated by Tracey Hatley the Director of Specialty Leasing for JLL. In this course, attendees dive into the fundamentals, and receive training on how to navigate the changing retail landscape to ultimately engage the right merchants to create unique… Read More

Red Flagging Emergencies, Elevates Operations

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Several properties across Texas, Florida and Puerto Rico were impacted by recent hurricanes and in limbo post storm. The operations team was able to use JLL’s RedFlag notification system to communicate with the property’s staff, retailers, and senior management in seconds with real-time updates. What was once a mass email or phone tree system, has… Read More

Experience Ambassadors Boost Consumer Engagement

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In August, JLL launched the Elevate the Experience webinar series aimed at making our property management teams Experience Ambassadors for their centers.

The first webinar started with the basics – What Is an Experience? It Starts at the Ring Road, went through big and small ways to enhance shoppers’ journeys from the moment they step on… Read More

Cashing in on culinary experiences

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Space dedicated to food and beverage (F&B) within malls is now up 5% from a decade ago, and that may reach 20% by 2025. But why the shift to foodie destinations?

Well, the retail industry is undergoing a transformation driven by consumers, who are demanding more from their retail experiences. For an… Read More

Ask Me Anything About Brand Activation

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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.

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JLL Retail’s Store Closure Summary – September

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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).

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Retail Outlook Q2 2017 Report

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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