Category Archives: Tenant Representation

JLL Expands Retail Platform to the Great Lakes Region

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Mary and MelissaAs part of its continued growth in retail brokerage, JLL today announced its expansion into the Great Lakes Region with the addition of Melissa Ruther and Mary Bresnahan as Vice Presidents, Retail Brokerage. The new team will be led by Steve Yenser as part of his current role as National Retail Brokerage Lead for JLL. Together, they will focus… Read More

European Retailers Will Take a Bigger Bite Out of the Big Apple in 2014

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ICSC New York Update: The retail vacancy rate for Madison Avenue in NYC has made some big moves in the past two years, dropping from double digits to below 2.5% as luxury and fashion brands move into the market. This high-street retail location has long been known for stiff competition, not only among consumers vying for the latest haute couture, but also among retailers competing for prime space and limited consumer… Read More

A Look Ahead: Emerging NYC Submarkets for Retailer Expansion

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Pedestrians on Median in Times SquareICSC New York Update: Retailers are growing in a calculated and cost effective way by getting creative with store footprints and locations. While their appetite for the best sites remains strong, the sought-after high-street space in the city will be limited through 2017, pushing retailers into new areas. JLL’s retail experts point to a few… Read More

How to Compete with Online Merchants: Use Physical Advantages

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ICSC New York Update: JLL’s Steve Jones says, it’s easy for store retailers competing with online retailers to feel like they are pushing a boulder up a mountain in today’s web-driven economy. The good news for retailers is that not all consumers shop on price alone. The critical components of consumer buying habits are price, customer service and experience. Every consumer weighs these considerations differently, but each store needs… Read More

Shoppers Hit the Snooze Button this Black Friday

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photo1UPDATE: JLL Retail managed shopping centers report that late night Thanksgiving shopping excursions kept the crack-of-dawn shoppers in bed a little longer this morning. The mad dash to the mall was delayed, with most centers seeing an increase in traffic between 10 a.m. and 12 p.m., and steady shoppers since then.

Retailers within JLL Retail managed centers are reporting bustling corridors and… Read More