Navy Pier is swarming with retail experts attending at the ICSC 2013 Chicago Deal Making conference. Watch the video below to get an insider’s perspective on the different drivers impacting the resurgence of Midwest retail in including investment, retailer expansions and development. For more information visit the JLL team in booth #119.
The ICSC Western Division Conference is underway!
JLL’s Craig Killman kicks off the convention with a CRE Radio’s host Howard Kline. Three things to know about the retail real estate market:
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- Population growth and consumer spending will be a key driver of new store openings.
- Investors and occupiers will
Shopping Centers Today recently noted that international investors are jumping into the U.S. retail real estate market and are seeking two very different types of assets. Big name investors are looking for prime High Street opportunities in select cities and fortress malls, but underneath the ‘A’ properties there is a whole country full of riskier, higher-cap shopping centers, that are attracting a wave of investors targeting higher returns.
JLL’s Margaret Caldwell notes… Read More
Have you heard about the retailization of health insurance? From Medicare to a mall near you, is the newest retail concept to hit the market.
USA Today says, “For the first time, insurers are fiercely competing to attract individual consumers and turning to traditional retail marketing techniques to do so, luring them into… Read More
This year the first day of Hanukkah falls on Thanksgiving, a very rare occurrence that won’t happen again for more than 70,000 years. In this Wall Street Journal article, discover what effect retail experts say this may have on the impending holiday shopping season as retailers brace for ‘Thanksgivingukkah.” Will there be two Black Fridays???
Click here to read the article
www.jllretail.com
We’re at ICSC Florida and learning about the different drivers impacting the resurgence of retail in the Sunshine State including investment, development, vacancy and rental rates. What are you hearing and seeing on the conference floor?
Leave us a comment and click here to view the video.
The ICSC Florida Conference is off and running! Get an insider’s perspective on Florida’s major retail markets of Orlando, Tampa, Miami and Broward County from JLL’s on-the-ground experts in booth #629.
As the economy continues to improve, restaurants are vying for space across the state of Florida, especially in the southern tip of the state. VooDoo BBQ & Grill recently announced a 10-year lease at Hollywood Hills Plaza in Hollywood, FL, joining a number of restaurants that will… Read More
Retail transaction volume may have been down in the beginning of 2013, but now the market is busier than ever. JLL is predicting an uptick in retail investment sales by at least 10 percent in 2013, with investors who had formerly been focused on Class A properties moving up the risk spectrum to those B and C assets in search of higher yields. JLL breaks down who’s buying, where, and why.
To… Read More
As we enter 2013, Hong Kong’s economy appears to be gathering momentum, once again. After growing by just 1.4% in 2012, the slowest rate of growth since the Global Financial Crisis, most economists have penciled in real GDP growth of about 3.0% y-o-y in 1Q13. Leading the recovery has been the retail sector. Retail sales through the first two months of the… Read More
