Category Archives: Retail Transactions

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 follows… 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 work forRead 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 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

Community Shopping Center Asset Trades in Baton Rouge, Louisiana

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On behalf of Kimco Realty, JLL’s Capital Markets experts today announced the firm has closed the sale of Hammond Aire Plaza, a nearly 350,000 square foot community shopping center  located in Baton Rouge, Louisiana. A joint venture partnership between DRA Advisors and Viking Partners purchased the asset.

SS150718-543Managing Director Margaret Caldwell, Vice President Diane Roberts and Associate Eric Spencer led the JLL… Read More

Urban and Grocery Retail Positioned to Rack up Record Sales

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As commercial real estate enters its sixth year of growth and volatility heightens in the public equity market, questions are beginning to surface as to how much longer this can continue. But investors show no signs of slowing as they satisfy their hunger for urban retail, potentially positioning 2015 as the highest year on record for the subsector outpacing a record year in 2014, according to JLL’s Q3 2015 Investment Outlook… Read More

Life, Liberty and the Pursuit of Retail Space

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Retailing USAThe U.S. market has six times more retail square feet per person that the United Kingdom, with 2,375 square feet per 100 inhabitants. That’s more space than France, Denmark, Finland, Portugal, Spain, Italy and Germany combined, making it an increasingly attractive locale for European retailers that have reached… Read More

Will Black Friday Ever Come Back?

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There’ll be fewer Tryptophan-induced food comas for many this upcoming Thanksgiving weekend. Nearly one-third of retailers surveyed by JLL say they plan to open on Thanksgiving Day in order to get a jump on Black Friday sales. JLL’s 2015 Holiday Sentiment Report, which includes feedback from largely national or global retailers in JLL-managed shopping centers across the United States, also reveals more than half of those retailers expect an uptick in… Read More

5 Signs of Growth for Atlanta’s Retail Market

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Atlanta Skyline1) The End of Overbuilding: Concerns of an overbuilt market impacting Atlanta retail are finally beginning to wane, and the sector is back on the upswing. Overall retail absorption is increasing, which is good news for the suburban market. There was a net 3.3% absorption across the market over the past year, with staggering in-town absorption of 10%. Vacancy rates… Read More