Category Archives: Americas Retail

City Series: Washington DC – Where DC Means Doomed to Consume

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Although the aesthetic of Washington DC is conservative, it doesn’t mean the shopping is. Whether you’re looking for highly regarded brands or a trusted national retailer, there’s no limit to what the nation’s capital provides. With the arrival of big names in retail and food & beverage, the city is proof that it’s prime for growth and repositioning.

  • Washington DC’s Metro Center is an
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Brookhaven Shopping Center Trades to Invesco Real Estate

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On behalf of Katz Properties, LLC, of New York City, JLL’s Capital Markets experts today announced the company completed the sale of the 211,758-square-foot Brookhaven Shopping Center in Brookhaven, Pennsylvania. The Shoprite and Lowes anchored property traded to Invesco Real Estate, a global real estate investment manager. JLL’s Managing Directors Chris Angelone and Jim Galbally led the team on the sale.

“We’re seeing institutional investors continue to target grocery-anchored assets in infill… Read More

City Series: Chicago Doesn’t “Chi” Away from Local Charm and Rich Retail

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When the Chicago Cubs won the 2016 World Series (after a long 117 years), tourism was booming and the victory parade blew 5 million people into the Windy City. Chicago is home to fresh and established corridors that are bringing in more people and ultimately, more money. With their energy and mix of options, it’s no wonder that Magnificent Mile, State Street, Oak Street,… Read More

City Series: The Well Won’t Run Dry on Canada’s Retail Corridors

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Whoever said brick-and-mortar shopping is a dying breed hasn’t visited Canada. Toronto and Vancouver’s prime urban retail corridors are a shopper’s paradise. From independent boutiques to upscale luxury retailers, both cities have something for every budget.

  • Vancouver’s South Granville attracts international retailers, tech titans and independent home-goods boutiques while Robson Street sees transformation from bleak to chic with international and luxury retailers.
  • Toronto’s Bloor Street
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City Series: Boston Provides Freedom to Shop until You Drop

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Known for birthing the country’s classic baked beans and for leading you along the Freedom Trail of authentic history and treasure, Boston also provides an impressive array of convenient and accessible shopping options for locals and tourists alike.

  • For a place to see and be seen, venture down Newbury Street to window shop (or splurge) at retailers like Chanel, Giorgio Armani and Burberry. It’s
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I am a Londoner: Lovisa Harryzon

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How do you advise clients about a market without having experienced it? That was a challenge Lovisa faced. She had several existing clients and targets based in the UK, so she left her home of Stockholm for 5 weeks to become a Londoner. Learn about her experience and how JLL helped her achieve her ambition for local market knowledge.

JLL Tenant Representation Manager Lovisa Harryzon wanted… Read More

City Series: Bay Area Brings Bright Side to Retail Demand

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What’s at bay in the Bay Area? Its retail reach which attracts a wide range of retailers and styles. San Francisco and Silicon Valley make up much of what’s known as the Bay Area. And one thing its corridors has in common is there is more demand for retail space than supply and too many people –  which technically isn’t a bad problem to have.

Top 10 affordable locations for retail stores

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JLL launched its inaugural City Retail report, which reveals the 10 most affordable and desirable retail corridors in the United States based on average asking rent per square foot. These shopping districts have growing populations of working millennials, rising foodie scenes, and trendy mixes of up-and-coming… Read More

Retail Investment Gains Momentum in Unexpected Places

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In the first quarter of 2017, U.S. retail transaction volumes reached more than $16 billion, which is a slight 4.9 percent decline over last year according to preliminary figures released by JLL. But despite the dip, JLL expects a strong pipeline of transactions to grow and continue to stabilize this year

“Going into this year, we anticipated being extremely busy as our investor clients expressed a desire to sell a significant amount… Read More