JLL Adds Philadelphia Retail Investment Sales Expert
0 CommentColin Behr has joined the firm as a Vice President of Capital Markets, Retail. He will be based in the firm’s Philadelphia office and will work primarily with Managing Directors Jim Galbally and Bill Moylan on retail capital markets assignments throughout Greater Philadelphia the Mid-Atlantic.
“We are excited to have Colin join our team. The addition of Colin reinforces our commitment to hiring the best talent in the market to best serve… Read More
0 Comments
Categories: Americas Retail, Retail Capital Markets and tagged Capital Markets, JLL Retail, Philadelphia, Philadelphia Retail, Philly, retail brokerage.
Do you need to help your retailer and owner clients future-proof their business? With so much else to do, there’s not time to think about the future. You’re busy just trying to get through the day. Don’t panic — spend 20 minutes listening to James Cook, our Director of Retail… 
CityCenter Holdings, LLC (“CityCenter”), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp., today announced that it has entered into a definitive agreement with a venture led by Invesco Real Estate (NYSE: IVZ) and Simon Property Group (NYSE: SPG) to acquire The Shops at Crystals for a purchase price of approximately $1.1 billion.
1) 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.
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… 
By: Guy Ponticello, Managing Director of Capital Markets, JLL
… 
