Sunshine State’s Construction Comeback Driven by Malls and Shopping Center Development
0 CommentWhile many tourists flock to America’s panhandle looking for sand and sunshine, Florida’s retail development market is doing the opposite: moving indoors. According to JLL research launched today at the International Council of Shopping Centers Florida Conference in Orlando, nearly half of all retail commercial construction happening in the state, in the first half of 2014 is taking place in malls and shopping centers.
“While most markets are seeing a boom in
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Categories: Americas Retail, Development, Malls, Retail Capital Markets and tagged Development, florida, icsc.
Will Asian shoppers buy into the classic all-American look? United States-based mid-level casual apparel brands, are hedging their bets that “preppy” rugby polos and chic velour track suits will entice Asia’s rapidly growing middle class to buy U.S. goods. Newly released JLL research shows that U.S.-based brands are flocking to Asia faster than any other, knowing an untapped market awaits:
In an unpredictable world, security in shopping centers and retail outlets has taken center stage. The International Council of Shopping Centers (ICSC) estimates that last year, a typical mall spent more than $1 million on security. While prevention is ideal, preparedness and responsiveness are critical to stabilizing and mobilizing employees and… 