Don’t Panic, It’s Just a Store Closing

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Are store closings and retailers shrinking footprints leading to the downfall of the retail industry? Don’t bet on it. T-Mobile and JLL Retail’s CEO Greg Maloney weigh-in along with ICSC’s Jesse Tron who says, closing underperforming stores is business as usual for many retailers during this time. It’s nothing more than the retail life cycle in action. Last year the industry added a net of over 1,000 new retail establishments.

 

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Millennials Driving Retail Industry to Revisit In-Store Sales Strategies

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Play Video - MillennialsRetailers and mall owners have their in-store sales strategies centered right on Millennials, the generation ages 18 to 34. This fast-growing consumer segment totals 80 million Americans who spend approximately $600 billion annually. Knowing how to attract Millennials’ money is the name of the game for retailers and retail owners… Read More

DeBartolo Development Awards JLL Retail the Management of Ka Makana Ali’i in West O’ahu

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JLL’s Retail experts today announced the firm has been retained by DeBartolo Development to provide pre-opening management services for Ka Makana Ali‘i, in addition to managing the center upon completion. The shopping center is located in Kapolei, West O‘ahu, which is the fastest growing area in Hawai‘i. The $500-million project is set to be built on 67 acres of Department of Hawaiian Home Lands at the intersection of Kapolei and Kualaka‘i Parkways,… Read More

Categories: Americas Retail, Malls.

Brazil’s Retail Market Thrives

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RIO

Carnival, Copacabana and Caipirinha’s lure millions of tourists each year to Brazil, but today more than just the lodging market is booming. The retail market’s unprecedented growth is piquing the interest of investors and retailers’ seeking expansion and looking to rebalance their portfolios, according to JLL Research, launched today at the International Council of Shopping Centers (ICSC) retail real estate conference… Read More

Rare Opportunity to Acquire Three Dominant Middle-Market Regional Malls

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On behalf of Gregory Greenfield & Associates, Ltd., JLL’s today announced the firm is marketing for sale three regional malls. The Central Malls are located in the United States’ southern region, and are being offered on an individual basis or as a portfolio. The portfolio is currently 98.3 percent occupied.

“The Central Malls have been a part of the GG&A portfolio for nearly ten years, and have become the dominant shopping and

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Phoenix Retail Market Goes From Bleak to Bright

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Excerpt by Ian Ritter, GlobeSt.com: Read the Full Story

When the recession was in full swing, one of the markets that took the biggest hit was Phoenix. Residential and commercial real estate were overbuilt in the market, and the retail sector became a casualty. That’s all changing now, as retailers are starting to expand into the market. Retail real estate vacancy rates in Phoenix are currently around 10.5% and expected to fall below 10% by the end of the… Read More

In Chicago Will the Mighty Middle Retailers Survive?

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Excerpt by Ian Ritter, GlobeSt.com: Read the Full Story

Chicago_ChicagoMattChicago is on the front lines when it comes to the struggles that middle-market grocery companies are facing, while competitors targeting consumers in both the lower- and upper-income brackets expand and flourish. At the end of last year, Dominick’s, a household supermarket name in the… Read More

Think Global, Act Local in the $1.5 Trillion Global E-Commerce Market

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Industrial

Building global e-commerce market share? Know your destination. A retailer’s growth will follow a different path in developing countries, versus mature markets. According to eMarketer, worldwide business-to-consumer ecommerce sales will increase by 20.1% this year to reach $1.5 trillion. For the first time, consumers in Asia are expected to spend more on e-commerce purchases than those… Read More

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Beyond the Traditional Block: 2014 is Shaping up to be a Retail Seller’s Market

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By Brian Rogal, Excerpt from GlobeSt.com

Strengthening retail market fundamentals and price appreciation are making the investment community bullish on retail sector in 2014. After a strong first quarter this year, the momentum is expected to continue as increased demand for retail assets has created optimal conditions for sellers.

Kris Cooper Video Screenshot

Grocery-anchored, urban high street retail… Read More