San Francisco’s more than 20 distinct neighborhoods, incredible tourism base and unique shopping districts has made it a prime market for retailers. In response to increased retail demand, JLLtoday announced a major expansion of its retail brokerage team. Retail veterans Jeff Badstubner and Christine Firstenberg both join as Senior Vice Presidents, and will be based in the firm’s San Francisco office and tasked with building the firm’s retail brokerage business throughout the Bay Area.… Read More
Miami’s retail market is prime stomping ground for retail landlords, with the third lowest vacancy rate in the United States for the last quarter of 2014, on par with New York City. The market experienced strong rent growth quarter-over-quarter and 10.6 percent growth year-over-year, and the slowdown is nowhere in sight. To better meet mounting demands of retail landlords, JLL today announced the firm… Read More
During the recent recession, many owners and investors of retail real estate scrambled to fill vacancies, and short-term leases dominated the shopping center landscape. Fast forward five years: retail net absorption and rental rates are trending upward and those same owners have reclaimed their seat at the table for lease negotiations and renewals. To better meet the increased demand for retail agency leasing expertise and… Read More
What is the number one reason people stop shopping? If you guessed the answer is because they’re trying to limit their spending, you’d be wrong. The number one reason people close up their wallets and go home is because they are hungry or thirsty. In an effort to provide its consumers with on-the-go refreshment, JLL today announced it has entered into a national vending agreement with Coca-Cola to bring on-site beverage vending to its… Read More
North Dakota’s premier mixed-use development, Williston Crossing, is moving full steam ahead. The Williams County Board of County Commissioners today granted entitlement for the development by a vote of three to two. Stropiq, Inc., the international real estate principals behind the ambitious retail-driven project will now move forward into the pre-leasing stage.
Stropiq, Inc. and its advisor JLL, plan to gauge and secure retailer… Read More
By: Dominic Bouvet, JLL Director – EMEA Retail and Leisure
Back in the 90s, or even as recent as the Noughties, if you entered a shop drinking a can of coke or eating a Mars bar you would be approached by a shop assistant and asked to leave the premises or at least told to finish your food before re-entering. They were in fear of merchandise being damaged or litter being dropped.
A decade on… Read More
To service occupiers and investors’ increasing needs for real estate expertise in the Southeast, JLL today announced the expansion of its platform in Alabama with the addition of Shannon Tyndall and Allen Garstecki. Tyndall and Garstecki join JLL as Vice Presidents, and bring more than 20 years of combined experience to the firm. They will be based in the firm’s Mobile, Ala. office, bolstering the… Read More
The shale zone underneath the Dakotas and Montana already churns out a million barrels per day, output that has made North Dakota the second-largest oil-producing state in the country. Preliminary development plans to support the influx of residents in Williams County has already begun, and the proposed Williston Crossing retail, entertainment and mixed-use development will create a place where the energy industry and its… Read More
The retail industry is facing the greatest amount of development and redevelopment activity since 2010. To meet the increased demand for retail project management and development expertise, JLL today announced the expansion of its retail team with the addition of Bill Moston. Moston joins JLL as a Senior Vice President, National Retail Development and brings nearly 30 years of experience to JLL, and will be… Read More