Category Archives: Uncategorized

Shorenstein & JLL Transform 1407 Broadway Retail Space into a Foodie Destination

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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

Retail Activity Moves Toward Secondary Markets, Less Volatility Expected

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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.

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JLL Retail President and CEO Greg Maloney Appointed to ICSC Board of Trustees

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Maloney, Greg.jpgJLL 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… Read More

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5 Reasons to Redevelop Your Retail Center Now

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Redevelop Now1. 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… Read More

5 Reasons U.S. Owners Should Partner With International Capital

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International Capital1. 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… Read More