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Sadly, no one is unaware of the constant state of vigilance that mall owners and managers must operate in today’s social environment. Whether it is a skirmish for a parking spot that escalates into something bigger, an unfathomable act of violence that… Read More
San Francisco has long laid claim to one of the biggest restaurant markets in the country, with nearly 40 eateries per 10,000 residents, far ahead of even New York City, according to the last census data. Surrounding markets add almost 6,000 restaurants to that total. But while there’s no shortage… Read More
Image courtesy of Flickr user Mike Mozart
The rise of retail clinics offering access to basic medical services across the U.S. is a symptom of today’s ‘always on’ lifestyle.
Their business model caters directly to today’s time and money conscious… Read More
According to the U.S. Census Bureau’s advanced monthly sales announcement yesterday, estimates of U.S. retail and food services sales for May were $444.9 billion, an increase of 1.2 percent (±0.5%) from the previous month, and 2.7 percent (±0.9%) above May 2014. Total sales for the March 2015 through May 2015 period were up 2.1 percent (±0.7%) from the same period a year ago.
The census data also revealed that during the last five… Read More
The omni-channel marathon is turning into a sprint to win the consumer over in the last mile – but that race is far from over. With the increase in mobile and online shopping, delivery wars have been set and with them, aggressive same-day deliveries that target 1-2 hour delivery windows. But it remains to be seen if consumers will pay extra for it. The heated competition among retailers large and small… Read More
On behalf of CBL & Associates Properties, Inc., JLL’s Capital Markets experts today announced the sale of Eastgate Crossing Shopping Center. A joint venture of Inland Real Estate Corporation purchased the center. The nearly 175,000-square-foot property is 100 percent occupied by anchors Kroger, Marshalls, Ashley Furniture and Jo-Ann Fabrics.
“Grocery-anchored shopping… Read More
In the wake of new technology advancements and increased consumer demand for a seamless, omnichannel shopping experience, the retail real estate industry must adapt or be left behind. Today at the International Council of Shopping Centers (ICSC) conference in Las Vegas, JLL reveals its fully renovated booth space (C1001-10th Avenue in the Central Leasing Hall), designed to showcase technology’s impact on the retail industry and introduce retailers to solutions that impact… Read More
1. GO BIG OR GO HOME: Tired and stagnant shopping centers are quickly losing market share, but a slim construction pipeline makes now a prime opportunity for owners to renovate their existing space. Retail real estate owners need to create a unique, exciting and convenient shopping experience to not just attract, but retain their customers. A redevelopment can increase… Read More
1. GROW WITH GLOBAL DOLLARS: By partnering with an international capital source, a U.S.-based owner can efficiently monetize a portion of their real estate holdings without undertaking a sale. Raising cash to fund acquisitions or exchanging a position in a new partner’s holdings are two great ways to grow the portfolio, leverage an existing operating platform, access new markets… Read More
1. Mile High City’s Retail Driven by High Income Growth: A highly-educated, high-income population will drive the retail sector’s continued growth in Denver. Its economic fundamentals are strong – higher than the national average – and its high rent growth and moderate construction are anticipated to keep the retail real… Read More
