As the retail world converged on Las Vegas for the 53rd Spring convention, I’m excited to report that in just a few short months JLL has launched its local market initiative in key regions – Florida, the Midwest and California – and has added the market leading Berkman/Slosberg brokerage team in New York City. JLL has always had the… Read More
Welcome to Jones Lang LaSalle’s ICSC RECon Las Vegas 2012 blog. We invite you to check in with us as we cover the important issues and trends within retail.
The retail industry, as a whole, continues to gradually improve. Vacancies have bottomed for most markets, while rent declines are flattening. Leasing activity is positive and, combined with low supply, should keep things relatively stable.
This year’s conference should be a sustained platform of… Read More
Are national retailers bullish on the Chicago market? Recent anecdotal evidence would seem to suggest it.
Over the past few months, brands including Target, Buy Buy Baby, Lululemon, Athleta, Topshop, AllSaints and Timberland have all announced plans to open new stores in tony urban areas like Old Town, West Lakeview and North Michigan Avenue.
At the same time, The Bond Cos., a Chicago developer, recently announced plans for 200,000 square feet of speculative… Read More
Jones Lang LaSalle Retail
As a child, I remember walking into a local grocer in Louisville, KY, with my grandfather to pick up a few things for dinner. Being a retired A&P store manager who loyally served the company for more than 50 years, he tended to dislike changes in… Read More