Tag Archives: retail

JLL Acquires Retail Lease and Debt Restructuring Expert Huntley, Mullaney, Spargo & Sullivan, Inc.

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JLL is now better positioned to help retailers across the United States control costs and improve profitability with the acquisition of lease and debt restructuring firm Huntley, Mullaney, Spargo & Sullivan, Inc. (HMS). The transaction is consistent with JLL’s growth strategy and will enable the firm, already a national leader in retail real estate services, to provide a broader range of services to retailers. While mostly focused on retail chains, HMS… Read More

Q&A with JLL’s Bob Gibson: 5 Reasons Why NYC is a Global Retail Mecca

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NYC1) Tourists Love the Big Apple: A record 56.4 million people descended upon New York City in 2014, a 23% increase from only five years prior. And when tourists visit, they shop and spend money—that crowd generated a record $61.3 billion in overall economic impact. The City’s lofty goal: to attract 67 million annual visitors by 2021.

2) Everything Old is New Again: Worldwide trends… Read More

JLL Partners with Maryland’s Newest Resort Experience MGM National Harbor

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JLL today announced that it has been retained by MGM Resorts International to lease the luxury retail promenade in its newest development, MGM National Harbor. The property is located at the intersection of I-95 and I-295 in Prince George’s County, Maryland, and is expected to open in the fourth quarter of 2016.rendering MGM

MGM National Harbor will encompass 308 hotel rooms,… Read More

The Comeback of Retail Brick and Mortar Construction

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Crain 2In 2006, NASA launched the New Horizons spacecraft for a nine -year mission, the Steelers defeated the Seahawks, and the Nintendo Wii was introduced to America’s youth. It was also the year retail development in the U.S. hit an all-time high of 261 million square feet under construction, with ambitious mega entertainment facilities underway. Within five years, construction halte
d… Read More

Urban and Grocery Retail Positioned to Rack up Record Sales

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As commercial real estate enters its sixth year of growth and volatility heightens in the public equity market, questions are beginning to surface as to how much longer this can continue. But investors show no signs of slowing as they satisfy their hunger for urban retail, potentially positioning 2015 as the highest year on record for the subsector outpacing a record year in 2014, according to JLL’s Q3 2015 Investment Outlook… Read More

Life, Liberty and the Pursuit of Retail Space

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Retailing USAThe U.S. market has six times more retail square feet per person that the United Kingdom, with 2,375 square feet per 100 inhabitants. That’s more space than France, Denmark, Finland, Portugal, Spain, Italy and Germany combined, making it an increasingly attractive locale for European retailers that have reached… Read More

Slow and Steady to Kick-Off Black Friday Promotions

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This week, after taking a tour around Town Center Boca Raton in Palm Beach County, it was clear that retailers – at least, most of them –were readying themselves for the holiday season.

Holiday Sales 13 Top Findings for the Start of Thanksgiving week:
  1. Red will be big this holiday. Sales were definitely in effect. Most retailers had some level of promotion, regardless
  2. Read More

4 Ways to Maximize Online Retailing this Black Friday

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Black-Friday_infographic_FINAL-01Since the emergence of Black Friday in the United States as the venerated kickoff to the post-Thanksgiving shopping season, there have been a multitude of strategies employed by retailers to attract customers to their stores and to benefit from a swell of consumer spending.  These tactics have included… Read More

Retailers Keep it Simple for Shoppers this Holiday Season

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Shoppers have more money in their pockets this holiday season, as unemployment remains at a post-recession low and fuel prices remain low. However, in a competitive retail market, standing out among the competition is a major feat. According to new data from JLL’s 2015 Holiday Sentiment Report, which includes feedback from largely national or global retailers in JLL-managed shopping centers across the United States, this year’s differentiator will hinge on simplifying… Read More

Will Black Friday Ever Come Back?

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There’ll be fewer Tryptophan-induced food comas for many this upcoming Thanksgiving weekend. Nearly one-third of retailers surveyed by JLL say they plan to open on Thanksgiving Day in order to get a jump on Black Friday sales. JLL’s 2015 Holiday Sentiment Report, which includes feedback from largely national or global retailers in JLL-managed shopping centers across the United States, also reveals more than half of those retailers expect an uptick in… Read More