Each year the largest retail real estate organization, ICSC, recognizes innovative marketing events, programs and technology that add value to shopping centers and retail industry with the MAXI Awards. This year JLL’s retail marketing team took home two MAXI Gold awards for the following entries:
Traditional B2B Marketing – All Aboard: Dealmakers Dining Car:
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.
What does it take for a retailer to be successful when expanding globally? At ICSC RECon today, Holly Cohen, Vice President of Global DTC Real Estate and Store Construction for Nike Inc., Karen Janes, Senior Vice President of Global Real Estate for Ralph Lauren, Michael Chu’di Ejekam, Chief Executive Officer of Atreos in Lagos, Nigeria and David Zoba, Chairman of JLL’s Global Leasing Board shared their insights.
Five key takeaways… Read More
The global luxury market continues to outpace expectations. Luxury spending exceeded €1 trillion last year largely driven by personal luxury good purchases. Americans were the second-largest group of luxury buyers behind the Chinese, making up nearly a quarter of the global luxury spend worldwide. But as Karl Lagerfeld famously said, “keep the best, forget the rest” and today’s luxury retailers are doing just that by selectively targeting 11 major U.S. cities… Read More
The sale of goods and services online is expected to grow 8.6 percent on average per annum for the next five years according to IBIS World. While retail shopping is moving online, it isn’t leaving physical stores in the dust as 92.5 percent of retail sales still happen in store according to JLL’s retail experts. In an effort to counter this misnomer, JLL is sparking an industry-wide conversation about the undeniable… Read More
AEW Capital Management, L.P. has selected JLL to manage and lease The Shops at Highland Village, a 352,000-square-foot lifestyle shopping center located at 1701 Shoal Creek in Highland Village, Texas. Anchored by AMC Highland Village 12, Whole Foods Market and Barnes & Noble Booksellers, the open-air, pedestrian-friendly center includes 11 restaurants and 60 specialty shops including Banana Republic,… Read More
There are endless reasons why 92.5% of sales still happen in store. Date Night. Just for Fun. Retail Therapy. The Right Fit. Family Bonding. The list is endless. JLL Retail marketing believes the shopper and our industry wants to share in this movement and get shopping. This digital campaign is a call to action produced through four videos which speak to the emotional connection you experience when shopping. Twenty-three properties have… Read More
Many say success is a journey, not a destination, but according to JLL’s latest report – the destination is everything. JLL’s Destination Retail report, which looks at the top cities worldwide for retailing, shows 50 major global cities have risen to the top of the list for mainstream, premium and luxury retailers’ expansions. While the list is dominated by cities in Asia Pacific, those in the Middle East are coming on… Read More
On behalf of Aliana Development Company, JLL today announced the firm has completed the sale of 15 acres of land zoned for retail development in Richmond, Texas. HEB purchased the asset, and has commenced construction on an upscale 102,000-square-foot HEB grocery store located at SH-99… Read More
Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges. To better support retailers with their real estate portfolios, JLL today announced that it has welcomed back Geno Coradini to the firm as Executive Vice President, Retail Integrated Portfolio Services (IPS) Lead, where he will be responsible for working with our retail tenant representative brokers nationally to… Read More
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