Category Archives: Agency Leasing

Retail Cross-Border Expansion is Rising in the Top 50 Global Cities

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Many say success is a journey, not a destination, but according to JLL’s latest report – the destination is everything. JLL’s Destination Retail report, which looks at the top cities worldwide for retailing, shows 50 major global cities have risen to the top of the list for mainstream, premium and luxury retailers’ expansions. While the list is dominated by cities in Asia Pacific, those in the Middle East are coming on… Read More

Aliana, in Houston, Lands New HEB Grocery Store

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aliana-imgOn behalf of Aliana Development Company, JLL today announced the firm has completed the sale of 15 acres of land zoned for retail development in Richmond, Texas. HEB purchased the asset, and has commenced construction on an upscale 102,000-square-foot HEB grocery store located at SH-99 and Harlem… Read More

JLL Expands Retail Brokerage Services into Beverly Hills

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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 Adds Retail Tenant Representation Duo in Atlanta

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Sarah and Logan ComboJLL 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… Read More

Supermarket Sweep Part 2: Convenience, Price & Experience

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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

grocery 10Surrogate shoppers do the hard workRead More

Supermarket Sweep Part I: Grocers Compete, Retail Real Estate Wins

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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

Q&A with JLL’s Bob Gibson: 5 Reasons Why NYC is a Global Retail Mecca

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NYC1) Tourists Love the Big Apple: A record 56.4 million people descended upon New York City in 2014, a 23% increase from only five years prior. And when tourists visit, they shop and spend money—that crowd generated a record $61.3 billion in overall economic impact. The City’s lofty goal: to attract 67 million annual visitors by 2021.

2) Everything Old is New Again: Worldwide… Read More

JLL Partners with Maryland’s Newest Resort Experience MGM National Harbor

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JLL today announced that it has been retained by MGM Resorts International to lease the luxury retail promenade in its newest development, MGM National Harbor. The property is located at the intersection of I-95 and I-295 in Prince George’s County, Maryland, and is expected to open in the fourth quarter of 2016.rendering MGM

MGM National Harbor will encompass 308 hotel rooms,… Read More

JLL Expands Retail Practice in Washington D.C. with Broker Duo

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JLL continues the strategic expansion of its national Retail Brokerage services with the hiring of experts Thomas Jackman and Andy Corno in Washington, D.C. Jackman and Corno join the firm as Vice Presidents with more than 20 years of combined experience. The two will work in concert with and complement JLL’s Mid-Atlantic tenant representation experts Greg Ferrante and Arris Noble, who have served the market’s retail needs for nearly a decade,… Read More

Metrics for Success in a Clicks (and Bricks) World

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The term ‘omnichannel’ has become so ubiquitous that there doesn’t seem to be any real separation between the online and offline channel anymore. Consumers buy online and pick up in store, or buy an in-store item to shipped to their home or shop at the store, having already researched the product online.

In fact, there are very few retailers who can exist without an online presence, and even successful online retailers are… Read More