Retail Crosses a Bridge this Week in Istanbul

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NEWSFLASH: ICSC European Conference Update: This week the retail industry gathers in Istanbul, Turkey for the 2014 ICSC European Conference to examine how shopping centers can innovate, analyze how to meet changing consumer demands and learn about future growth – and after a few delayed flights from the United States, I finally made it!

My arrival flight descended over the rural countryside of Turkey, and then approached the urban areas and city… Read More

Robert Gibson Joins JLL to Expand NYC Retail Practice

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Robert Gibson has joined JLL as vice chairman of New York retail brokerage to lead the expansion of the firm’s retail platform in Manhattan, and will be responsible for the growth of retail tenant and agency leasing in the market.

“New York is a vital market for international retailers pursuing entry into the U.S., and for national retailers seeking access to an extremely dense customer base. As retail’s globalization continues and competition

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Let’s Take This Offline: Retail’s Migration Back to Honest-to-Goodness Storefronts

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Fifteen years ago, online-only retailers didn’t exist but today there are more than 100,000 e-commerce retailers active in the United States, and while that number is set to double by 2020, bricks-and-mortar will remain a key driver to growth. Online-only sales strategies represent the ultimate in flexibility and cost-cutting, but the recent… Read More

You’ve got questions, who’s got answers…now that RadioShack’s closing 1000 stores?

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RadioShack’s Super Bowl Commercial The 80’s called…. They want their store back was a big hit, and may have been extremely prescient. But despite the headlines, the new store design promoted in the commercial is not counter to closing excess and underperforming stores— in fact it supports it, says JLL’s Michael Hirschfeld.

Shuttering storefronts is not revolutionary anymore, it’s evolutionary! In one fell swoop Radio Shack is changing how consumers perceive them, and

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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… Read More

Institutional Lenders to Place Record Capital into Commercial Real Estate in 2014

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LIVE FROM MBA: It is hard to believe that just seven short years ago, an economic collapse sent the U.S. debt markets into a tailspin, and the commercial real estate industry was left holding near valueless paper and underwater investments across the nation. Now, commercial property investors and lenders have a new attitude, and it seems they are just as confident as the peak market days. Industry experts attending the Mortgage Banker’s… Read More

2014 Retail Investment Horoscope

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Is equity still chasing retail deals? Are trades expected to happen in secondary markets? Will rising intrest rates have an impact retail transactions?

David Schonberger, Managing Partner at Radiant Partners,  JLL retail investment sales expert Margaret Caldwell and ICSC Chairman David LaRue share what they think is on the horizon for retail investment in 2014 in the short video below.

From Dock to Doorstop – the new retail race

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UPDATE ICSC New York: From E-bay’s one hour delivery service to Amazon’s futuristic proposed drone delivery, retailers are battling to gain competitive advantage by appealing to their customers’ need for  ‘insta-delivery’.

As the retail industry transitions its supply chain to an omni-channel model, demand is soaring for the real estate that supports this new paradigm.  A distinct real estate asset class tailored to e-commerce delivery has evolved. JLL has identified six newly-defined… 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