Tag Archives: JLL

Banks Can Adapt to Changing Consumer Behavior with New Branch Strategies

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It’s no longer about how many branches banks have. It’s how about they use them. As consumer behavior shifts, banks are rethinking the way their business is done. And you can help them.

bank

JLL’s new 2017 U.S. Banking Outlook offers insight on current and forthcoming industry trends, like:

  • Branch location reductions. The number of branches will decrease as banks optimize their market needs.
  • Expansion
  • … Read More

Anchors Away? What Department Store Closures Mean for Shopping Centers

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More than 300 department stores are closing this year, putting about 36 million square feet of vacant space back on the market, according to JLL’s latest retail report Empty to Alive: The Next Use for Department Store Space. Which begs the question, what will become of all that empty space? Well, it’s not all doom and gloom as you’ve probably read in the news. According to our research, we expect to see more restaurants,… Read More

JLL adds Trio of Multi-Market Disposition Experts

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JLL continues the strategic expansion of its disposition business in Houston with the addition of three new experts Donna Kolius, Pierce Owens and Kaylie Walker. The group will join JLL’s brokerage team focusing on multi-market dispositions, national portfolio strategies, and sale leasebacks for corporations, private equity firms, real estate investment trusts, investors and retailers.

Houston Retail Group… Read More

JLL Grows National Shopping Center Leasing Platform

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JLL today announced it has hired Bob Dishler and Jonathan Lachance as Vice Presidents of Retail Leasing, based out of Los Angeles and San Francisco. Dishler and Lachance will lease JLL’s third-party managed retail properties on the West Coast, cultivating relationships with retailers and securing new revenue opportunities for clients.

Bob and Jonathan… Read More

Valentine’s vs. Single’s Day Sales: One Gift for You, One Gift for Me

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The largest shopping day in Asia started as a somewhat anti-valentine’s day, where shoppers bought presents for themselves on November 11. But how does Single’s Day in China stack up to Valentine’s Day and the busiest shopping days around the world? Click to read more on Forbes and get the stats at a glance below. Retail Infographic_v6… Read More

Love is in the Air (and at the mall)

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Today people change their relationship status with a simple click, but in times past the mall is where you went to make known your significant other. This Valentine’s Day, JLL is bringing some of that nostalgia back with its “Let’s Share the Love” campaign at 25 of its managed centers. Consumers can enter to win a $200 gift card to share something sweet with their Valentine by carving their initials on… Read More

51 Online Retailers Migrate from Screens to Stores

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Traditional retailers continue to evolve their businesses to be more online and mobile friendly, while conversely online retailers are aggressively looking to create physical storefronts to complement their web brands. According to JLL’s Screens to Stores report, there will be even more online retailers experimenting with physical locations in the next five years.

“E-tailers see the need to move their businesses into physical locations in order to grow sales and further market… Read More

The Basics Behind the Deals: an ICSC New York Recap

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Hirschfeld, MichaelJLL’s Michael Hirschfeld spent an hour speaking to retail real estate professionals at  the recent ICSC New York Dealmaking Conference. He gave insight to leasing fundamentals with his over 40 years of expertise of tenant representation – in case you missed it, here is our recap.

While discussing some of the basics behind lease structures, Michael provided some color commentary… Read More