Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges. To better support retailers with their real estate portfolios, JLL today announced that it has welcomed back Geno Coradini to the firm as Executive Vice President, Retail Integrated Portfolio Services (IPS) Lead, where he will be responsible for working with our retail tenant representative brokers nationally to… Read More
CityCenter Holdings, LLC (“CityCenter”), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp., today announced that it has entered into a definitive agreement with a venture led by Invesco Real Estate (NYSE: IVZ) and Simon Property Group (NYSE: SPG) to acquire The Shops at Crystals for a purchase price of approximately $1.1 billion.
Located at… Read More
JLL today announced the firm has hired Houman Mahboubi as Senior Vice President to expand its Los Angeles Retail practice. Mahboubi brings unmatched relationships with highly respected landlords, restaurant groups, and various high-end retailers in Beverly Hills and throughout Southern California. In the last five years, Mahboubi has closed more than $100 million and five million square feet of transactions. He is joined by Associates Devin Klein, Greg Briest and Montrese… Read More
JLL today announced the firm has hired Sarah Williams as a Senior Vice President and Logan Elder as a Senior Associate to grow the firm’s Southeast Retail practice. The addition of Williams and Elder is part of JLL’s strategic growth initiative to build a national retail brokerage business and follows… Read More
This blog post is a continuation of Supermarket Sweep Part I: Grocers Compete, Retail Real Estate Wins. In order to carve out market share in the slowly growing industry, grocery sellers will have to fight tooth and nail in order to prevail in each arena: convenience, price and experience.1. CONVENIENCE: Make it easy to buy
Surrogate shoppers do the hard work… Read More
Do you remember the game show Supermarket Sweep? In it, teams of shoppers would race through the grocery aisles competing to fill their carts with the most expensive items within a time limit. The show turned what many considered a dull weekly chore into a race against time. Back when Supermarket Sweep first aired in the sixties and later when it was revived in the early nineties, the weekly shopping trip… Read More