Oddsmakers see an even matchup in Sunday’s Big Game between the Seattle Seahawks and New England Patriots, but if commercial real estate statistics – and the view of a former title game MVP – are considered, Tom Brady should celebrate his fourth championship.
JLL and its Americas Executive Chairman Roger Staubach are predicting a victory for New England on Sunday.
“The Patriots have been phenomenal all season, and Tom Brady is one of the all-time greats,”
As Dallas continues its strong momentum forward with one of the highest levels of retail construction in the nation and proportional absorption rates, JLL stands poised to answer growing demand for retail investment sales expertise in the North Texas market.
JLL today announced the firm has hired industry veteran Adam Howells to lead its retail capital markets practice in Dallas. Howells joins the firm as a… Read More
Retailers, consumer goods and e-commerce companies are driving nearly 40 percent of all industrial real estate demand. A new JLL report on global e-commerce points to four major 2015 retail distribution trends:
1) Hello, Online Grocery Shopping. Grocery shopping as we know it is changing. Boston Consulting Group (BCG) expects the global online grocery market to increase from $36 billion in 2013 to $100 billion by 2018. This expansion from an… Read More
Following the biggest Cyber Monday ever, retailers and e-commerce companies are engaged in a heated battle for the biggest distribution center facilities in locations close to large populations. As retailers bow to the demand for instant delivery gratification, JLL market data shows rising rents and a growing number of tenants searching for warehouse and distribution space. Sixty tenants are currently seeking big box warehouses of one… Read More
While shoppers are busy rushing to complete their shopping lists, JLL-managed retail centers have been tapping into the festive spirit of the holiday season by encouraging customers to stop and take a moment to Be a Part of the JOY. JLL’s new “JOY” promotional campaign, which hinges on experiential marketing, allows shoppers to create memories to last the whole year through. Shoppers at participating JLL-managed centers can create and share their own version of… Read More
PART II: International retailers land on U.S. soil
Beyond cross-border capital flows, international retail brands continue to land on U.S. soil for expansion and are targeting top-tier core markets for their storefronts. A diverse consumer base, buoyant income growth and a resilient economy has currently lured 175 international brands to take root in 19 top retail markets coast to coast, according to JLL’s latest report, The New World of Retail. European retailers… Read More
As the flow of capital throughout the world increases, and retailers and investors chase diversification and strong returns, the U.S. retail market is attracting more time in the international spotlight. JLL’s latest research anticipates a measured and selective uptick in cross-border retailing and capital flows into the U.S. in the coming year.
PART I: Cross-border capital flows soar into U.S. retail assets
Coco Chanel once said, “In order to be irreplaceable one must always be different,” and in retail the right storefront can do just that: create irreplaceable differentiation. In the United States, five major cities, New York, Chicago, Las Vegas, Miami and San Francisco, have risen to the top of the list for luxury storefronts, according to JLL’s The New World of Retail report. JLL’s report, debuting at ICSC’s New York Co… Read More
Yesterday, I traveled around Atlanta to get a feel for how Black Friday was performing and live tweeted my experience. I spent 12 hours shopping, and put more than 200 miles on my car while covering the entire north side of the city. Here are my five key takeaways:
1. Thanksgiving day openings just took away from Black Friday door busters, but those that didn’t open Thursday were packed, Home Depot to name one.
After a strong start on Thanksgiving evening, traffic died down overnight and remained lighter than past years this morning according to JLL-managed centers Holiday Pulse report. Much like last year, retailers that opened yesterday traded Black Friday morning sales for Thursday evening sales but the impact was greater as more retailers opened on Thanksgiving Day this year. All centers expect traffic to pick up later today after the diehard shoppers rest up and refuel… Read More