A Look Ahead: Emerging NYC Submarkets for Retailer Expansion
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ICSC New York Update: Retailers are growing in a calculated and cost effective way by getting creative with store footprints and locations. While their appetite for the best sites remains strong, the sought-after high-street space in the city will be limited through 2017, pushing retailers into new areas. JLL’s retail experts point to a few… Read More
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Categories: Americas Retail, ICSC Events, Retail Capital Markets, Retail Transactions, Tenant Representation and tagged brokerage, cre, icsc, retail, Retail Transactions.
UPDATE: JLL Retail managed shopping centers report that late night Thanksgiving shopping excursions kept the crack-of-dawn shoppers in bed a little longer this morning. The mad dash to the mall was delayed, with most centers seeing an increase in traffic between 10 a.m. and 12 p.m., and steady shoppers since then.
JLL’s inaugural Big Box Velocity Index says, that demand for U.S. industrial distribution centers larger than 300,000 square feet is high and rising. Improving economic conditions, the continuing growth of e-commerce and a deep bench of tenants seeking space has created a highly competitive fight for industrial and warehousing space. As a… 
Since 2009, the Midwest has had minimal retail development. The pent-up demand is driving cities, counties and owners to consider new construction in an effort to capitalize on retailers expansion plans. During the last 18 months JLL’s Donn Fuller,…