Tag Archives: retail

#LetsGoShopping Campaign Launches at 24 JLL-Managed Centers

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The sale of goods and services online is expected to grow 8.6 percent on average per annum for the next five years according to IBIS World. While retail shopping is moving online, it isn’t leaving physical stores in the dust as 92.5 percent of retail sales still happen in store according to JLL’s retail experts. In an effort to counter this misnomer, JLL is sparking an industry-wide conversation about the undeniable… Read More

JLL Tapped to Lease and Manage The Shops at Highland Village

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Highland Village_8242.jpgAEW Capital Management, L.P. has selected JLL to manage and lease The Shops at Highland Village, a 352,000-square-foot lifestyle shopping center located at 1701 Shoal Creek in Highland Village, Texas. Anchored by AMC Highland Village 12, Whole Foods Market and Barnes & Noble Booksellers, the open-air, pedestrian-friendly center includes 11 restaurants and 60 specialty shops including Banana Republic,… Read More

Put the Phone Down & Reconnect with Mom at the Mall. #LetsGoShopping

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There are endless reasons why 92.5% of sales still happen in store. Date Night. Just for Fun. Retail Therapy. The Right Fit. Family Bonding. The list is endless. JLL  Retail marketing believes the shopper and our industry wants to share in this movement and get shopping. This digital campaign is a call to action produced through four videos which speak to the emotional connection you experience when shopping. Twenty-three properties have… Read More

Retail Cross-Border Expansion is Rising in the Top 50 Global Cities

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Many say success is a journey, not a destination, but according to JLL’s latest report – the destination is everything. JLL’s Destination Retail report, which looks at the top cities worldwide for retailing, shows 50 major global cities have risen to the top of the list for mainstream, premium and luxury retailers’ expansions. While the list is dominated by cities in Asia Pacific, those in the Middle East are coming on… Read More

Geno Coradini Re-joins JLL as EVP of Retail Integrated Portfolio Services

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Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges. To better support retailers with their real estate portfolios, JLL today announced that it has welcomed back Geno Coradini to the firm as Executive Vice President, Retail Integrated Portfolio Services (IPS) Lead, where he will be responsible for working with our retail tenant representative brokers nationally to… Read More

CityCenter Enters Into Agreement to Sell The Shops at Crystals in Las Vegas

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Shops at CrystalsCityCenter Holdings, LLC (“CityCenter”), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp., today announced that it has entered into a definitive agreement with a venture led by Invesco Real Estate (NYSE: IVZ) and Simon Property Group (NYSE: SPG) to acquire The Shops at Crystals for a purchase price of approximately $1.1 billion.

Located… Read More

JLL Expands Retail Brokerage Services into Beverly Hills

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JLL today announced the firm has hired Houman Mahboubi as Senior Vice President to expand its Los Angeles Retail practice. Mahboubi brings unmatched relationships with highly respected landlords, restaurant groups, and various high-end retailers in Beverly Hills and throughout Southern California. In the last five years, Mahboubi has closed more than $100 million and five million square feet of transactions. He is joined by Associates Devin Klein, Greg Briest and Montrese… Read More

JLL Adds Retail Tenant Representation Duo in Atlanta

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Sarah and Logan ComboJLL today announced the firm has hired Sarah Williams as a Senior Vice President and Logan Elder as a Senior Associate to grow the firm’s Southeast Retail practice. The addition of Williams and Elder is part of JLL’s strategic growth initiative to build a national retail brokerage business and… Read More

Supermarket Sweep Part 2: Convenience, Price & Experience

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This blog post is a continuation of  Supermarket Sweep Part I: Grocers Compete, Retail Real Estate Wins. In order to carve out market share in the slowly growing industry, grocery sellers will have to fight tooth and nail in order to prevail in each arena: convenience, price and experience.

1. CONVENIENCE: Make it easy to buy

grocery 10Surrogate shoppers do the hard workRead More

Supermarket Sweep Part I: Grocers Compete, Retail Real Estate Wins

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Do you remember the game show Supermarket Sweep? In it, teams of shoppers would race through the grocery aisles competing to fill their carts with the most expensive items within a time limit. The show turned what many considered a dull weekly chore into a race against time. Back when Supermarket Sweep first aired in the sixties and later when it was revived in the early nineties, the weekly shopping trip… Read More