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

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Categories: Americas Retail, Investment, Malls, Retail Transactions, Retailers and tagged , , , , , , , , , , , , .

Over half of shoppers will utilize physical retailers for majority of their holiday shopping

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JLL survey also reveals that 50% of holiday shoppers will make at least one purchase via their mobile device this season, up significantly from 2017 (22.2%).

Before the Halloween decorations are even taken down, retailers and shoppers will begin their preparations for the 2018 Holiday season. In fact, 34.4% of… Read More

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Categories: Americas Retail, Holiday Shopping, Malls, Retailers and tagged , , , , , , , , , .

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… Read More

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London’s LEON Lands in U.S., Bringing Naturally Fast Food to Nation’s Capital

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LEON, the London-based pioneer of “Naturally Fast Food” opened its first U.S. location with the help of Lew Kornberg, EVP and Arris Noble, VP in September 2018 at 1724 L Street NW in Washington D.C. This was the brand’s first venture into the U.S. fast food market, and we’re already eager for more.

To understand why D.C. was picked as the perfect place to plant roots, read the official press release here.

Also,… Read More

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After Merger, Doing What He Does Best

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Retail development is in Gar Herring’s blood.

Growing up in Texas, he watched his late father pioneer the development of fortress malls and become an icon in that field. Herring joined his father’s firm, MGHerring Properties, in 2004, and became president and chief executive in 2012. Together, he and his father,… Read More

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JLL Grows Retail Property Management with Three Retail Assets

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10 MGHerring Group employees join JLL; Gar Herring now Senior Vice President of Retail Development  

On behalf of The MGHerring Group, JLL today announced that the firm is adding 10 MGHerring Group employees and three retail assets to its portfolio. The firm will now manage, develop and maintain tenant coordination on Silver City Galleria in Taunton, Massachusetts and Market Street at Heath Brook in Ocala, Florida; and develop and maintain tenant… Read More

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United States Retail Outlook – Q1 2018

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Strong consumer confidence is signaling a positive year for retail sales but fundamentals are softening for most retail property types. After a slow start to 2018, retail sales have improved as the quarter closed and strong consumer spending should continue thanks to recent federal tax cuts… Read More

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JLL Tapped to Lease and Manage Liberty Center in Ohio

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JLL adds more than 800,000 square feet of retail space to its portfolio under management

JLL today announced the firm has been retained to provide retail leasing and property management services on behalf of the owners for Liberty Center located at 7100 Foundry Row in Liberty Township, Ohio. Situated… Read More

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Categories: Agency Leasing, Americas Retail, Retailers and tagged , , , , , , , .

Coworking spaces to fill closed stores

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JLL predicts coworking in retail properties to grow 25 percent per year, for the next five years

The traditional 9-to-5, five-day work week, routine is slowly morphing into work-life integration. Approximately 43 percent of employed Americans now say they spend at least some time working remotely and there’s no signs… Read More

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5 Things Retailers Should Know For Back-To-School

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It’s officially August, which means school bells will be ringing soon – punctuating the languid summer air with a shrill note of finality – much to the chagrin of school-aged children across the U.S. But while kids may be mourning the disappearance of the lazy… Read More

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