Global Food and Beverage Industry Takes a Cue from Fashion Retailers
0 CommentIn the quest for growth, food retailers are on the heels of the fashion industry expanding globally and combining technology, gastronomy and a bit of psychology to entice, entertain and satisfy, according to a new report by JLL released today. Like its fashion counterpart, international food and beverage expansion is being fueled by low growth in US and Western European markets, an increase in globalization and tourism, and the rapid rise… Read More
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JLL’s Michael Hirschfeld spent an hour speaking to retail real estate professionals at the recent ICSC New York Dealmaking Conference. He gave insight to leasing fundamentals with his over 40 years of expertise of tenant representation – in case you missed it, here is our recap.
Retail investment sale volumes totaled $50.8 billion through Q3 2016, driven by an increase in large, high-quality retail transactions. Transactions in excess of $100 million accounted for more than two-thirds of deal flow in Q3 and average cap rates have fallen by 41 basis points and sit at 4.5 percent –…