Featuring Tom Mullaney, Managing Director of JLL’s Retail Restructuring
Tom, a Chicago native, started his career with no understanding of real estate whatsoever. After graduating from Princeton and Harvard Business School, he went to work at the consulting firm McKinsey & Company. Tom left McKinsey & Company after four years to help create… Read More
JLL today announced that the firm has secured four leases on the ground floor of 1407 Broadway in New York City. The four new-to-market food concepts, ’wichcraft, Luke’s Lobster, Gregory’s Coffee and Juice Generation are all expected open by mid-2017. Shorenstein Properties LLC, who purchased the property in May of 2015, hired JLL to market the 25,000-square-foot retail component in the building, which is a full block on Broadway between 38th… Read More
Despite the economy’s ups and downs, retail transaction volumes were strong in secondary markets where population and job growth continued to fuel demand in the first quarter of 2016. According to JLL’s U.S. Investment Outlook, the retail sector will likely not see as much volatility as the year progresses while these burgeoning markets and new supply open opportunities for capital that remained dormant in the beginning of the year.
Justin Honore – Recipient of the ICSC Foundation Diversity Scholarship sponsored by JLL
A family selfie after his godchild’s baptism
Where are you from: Ellenwood, Georgia with direct family ties to New Orleans
JLL today announced its Retail President and Chief Executive Officer Greg Maloney, CRX, CSM, has been appointed to the International Council of Shopping Centers (ICSC) Board of Trustees. Maloney brings 35 years of industry knowledge to ICSC’s Board of Trustees and hails from an impressive background covering the full spectrum of retail real estate. In his new role as a… Read More
The 2015 school year is wrapping up and JLL is grading the growth trajectory of the top 16 U.S. retail
real estate markets. More than half of the cities scored an “A” grade, indicating an expected four to five percent increase in growth through 2017. Phoenix in particular is taking its… Read More
Investors heading to the International Council of Shopping Centers (ICSC) conference in Las Vegas 
today face two divergent roads of retail commercial real estate opportunities: safe and sound or risky but rewarding. Retail property buyers are lured by steady and consistent returns found in grocery-anchored strip centers, urban high-street storefronts and trophy A… Read More
1. GO BIG OR GO HOME: Tired and stagnant shopping centers are quickly losing market share, but a slim construction pipeline makes now a prime opportunity for owners to renovate their existing space. Retail real estate owners need to create a unique, exciting and convenient shopping experience to not just attract, but retain their customers. A redevelopment can increase the… Read More
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 and… Read More
