A recurring trend throughout the conference was that pure play commerce is no longer enough to sustain a retailer. Complementing a Bricks and Mortar with an e-commerce presence is a necessity for survival, and the opposite is trending to be true as well. Online-only retailers like, Warby Parker and Bonobos are prime examples of… Read More
On Monday morning I saw the culmination of many years worth of work by ICSC staff and volunteer leaders with the first European ICSC NextGeneration event. An idea inspired years ago by the NextGen program founded 15 years ago in the U.S., the event has been in the planning and development phase over the past year as the European NextGen Leadership Board… Read More
NEWSFLASH ICSC European Conference Update: The ICSC European Conference kicked-off yesterday in London. Attendees are gathering to explore the age of omni-channel and how shopping channels will complement each other. JLL’s VP’s Justin Greider and Aileen Messigner are participating to share best practices and offer a U.S. perspective.
In line with this year’s theme, Destination Retail, Justin… Read More
San Francisco’s more than 20 distinct neighborhoods, incredible tourism base and unique shopping districts has made it a prime market for retailers. In response to increased retail demand, JLLtoday announced a major expansion of its retail brokerage team. Retail veterans Jeff Badstubner and Christine Firstenberg both join as Senior Vice Presidents, and will be based in the firm’s San Francisco office and tasked with building the firm’s retail brokerage business throughout… Read More
Miami’s retail market is prime stomping ground for retail landlords, with the third lowest vacancy rate in the United States for the last quarter of 2014, on par with New York City. The market experienced strong rent growth quarter-over-quarter and 10.6 percent growth year-over-year, and the slowdown is nowhere in sight.… Read More
During the recent recession, many owners and investors of retail real estate scrambled to fill vacancies, and short-term leases dominated the shopping center landscape. Fast forward five years: retail net absorption and rental rates are trending upward and those same owners have reclaimed their seat at the table for lease… Read More
What is the number one reason people stop shopping? If you guessed the answer is because they’re trying to limit their spending, you’d be wrong. The number one reason people close up their wallets and go home is because they are hungry or thirsty. In an effort to provide its consumers with on-the-go refreshment, JLL today announced it has entered into a national vending agreement with Coca-Cola to bring on-site beverage… Read More
North Dakota’s premier mixed-use development, Williston Crossing, is moving full steam ahead. The Williams County Board of County Commissioners today granted entitlement for the development by a vote of three to two. Stropiq, Inc., the international real estate principals behind the ambitious retail-driven project will now move forward into the pre-leasing stage.