Category Archives: Retail

Downtown Los Angeles retail: food and beverage and the Financial District lead

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Downtown LA retail: food and beverage and the financial district

Downtown Los Angeles is currently building 7,000 new residential units to keep up with demand for living in Downtown. With the increase in population, retail is also seeing an increase with several mixed-use developments including Oceanwide… Read More

Pop-up stores: a sign of online retailers moving into brick-and-mortar

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JLL’s national research team has found that pop-up stores, which last from several days to several months, are often the first sign of online-retailers looking to lease longer term space.

pop-up stores; online retailers; brick-and-mortar

This trend is visible in Los Angeles as it has the second highest amount of online-retailers with… Read More

Houman Mahboubi nominated for Top Realtor of the Year in Beverly Hills

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Nominees for the second annual Will Rogers Awards were announced on Thursday, September 15 in Beverly Hills at a reception at Via Alloro Restaurant.

Houman MahboubiWe’re pleased to announce JLL’s Senior Vice President Houman Mahboubi was nominated for Realtor of the Year, along with Brooke Knapp, Michael Libow, Stan Richcman and Gregg… Read More

Comparing top retail spending neighborhoods in Los Angeles

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Within Los Angeles, Venice leads the pack with $17,351 per capital spent on retail annually.

PowerPoint Presentation

We could expect increases in per capital spending on retail goods in downtown as retailers continue to flock to the area.

For more information contact Kevin Carroll

Visit the JLL Los Angeles Research webpage for additional market insight.… Read More

Source: JLL Researchand ESRI Business Analyst Online

The rise of the million-square-foot user

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Million-square-foot warehouse facilities are growing more common across the nation. Between 2010 – 2015, there were 102.3 million square feet of new leases in this size range.

The top five markets account for 58.5 percent of total lease transactions with e-commerce and traditional retail driving demand.

Inland Empire leads the country in million-square-foot transactions signing nine deals in the last 18 months. Demand remains strong in the market with several deals pending and additional requirements this… Read More

What’s up with Los Angeles’ retail redevelopment boom?

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Multiple large shopping centers, totaling over 3.6 million square feet of retail are currently getting multi-million dollar makeovers to give updated looks to outdated malls.

COW_Los Angeles_retail_April 18 2016

 

Owners are capitalizing on the evolving behaviors of shoppers (and on LA’s weather) by focusing on the visitors’ experience and adding high-end restaurants,… Read More

Reinventing the Los Angeles River through public and private partnership. A new report by JLL.

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Download LA River Report

Click to download LA River Report

The history of the LA River is the story of a flood plain reengineered to make way for the growth of a metropolis. Due to the semiarid climate, the river is seasonal, often with little or no flow during the driest parts of the year… Read More

JLL acquires retail brokerage firm Wilson Retail Group in Southern CA

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Acquisition meets growing client needs for expanded brokerage and capital markets services in SoCal

2015-05-Wilson-Retail-Group-Acquisition

As consumer confidence continues to climb and economic prospects for retailers improve, JLL (NYSE: JLL) is getting a big boost to its retail business by acquiring Wilson Retail Group, a leading, independent retail brokerage and capital markets firm in Southern California. The transaction will enable JLL, already the nation’s largest third-party retail property… Read More

JLL’s Project and Development Services’ (PDS) Phil Friedl featured in LABJ’s quarterly on the LA construction market

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LABJ_Article

The Los Angeles Business Journal featured JLL’s local PDS expert Phil Friedl and national PDS research analyst Dana Westgren with the lead quote in their quarterly article “Building Costs.”

Phil Friedl, Senior Vice President, was featured sharing his expertise on the local construction market and how its relevance to PDS projects, including JustFab’s El Segundo Headquarters and NBC Universal’s… Read More

Kathy Cumming and Cathy Herrera join JLL Southwest Project and Development Services team

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We look forward to the expansion of PDS talent to continue as part of future growth and success for JLL

Since the beginning of 2015 our Southwest Project and Development Services (PDS) team has hired on a total of 14 new staff members. We look forward to the expansion of PDS talent to continue as part of future growth and success for JLL.

2015-Kathy-CummingKathy joins PDS as… Read More