Content about Jones Lang LaSalle

June 24, 2014

Customer experience: Poorly maintained stores cost sales and dilute the brand and customer experience. Not giving facilities the funding required to keep stores clean and in good condition will impact the bottom line in that customers will shop elsewhere. Today, more than ever, shoppers have high expectations regarding the look and feel of a store, and they also have many more options from which to choose. Dirty restrooms, stained flooring, burned-out lights, poor air conditioning and the like are proven customer turn-offs.

May 2, 2014

Mike George likes to say that his company is in the retail real estate information business. “Our clients buy, sell and lease retail real estate,” said George, principal and president of Oakbrook Terrace, Ill.- based Mid-America Real Estate Group. “Clients that buy and sell real estate rely on us for information that helps them make the best business decisions. When clients hire us to manage and lease shopping centers, they want our information-based decisions.”

February 12, 2014

Jones Lang LaSalle has announced the appointment of Josh Burmeister as executive VP and Gulf Coast retail brokerage lead and Ms. Buff Teague as VP.

Chicago — Jones Lang LaSalle has announced the appointment of Josh Burmeister as executive VP and Gulf Coast retail brokerage lead and Ms. Buff Teague as VP. They will cover Alabama, Mississippi, Louisiana and the Florida Panhandle, partnering with John Bemis, Southeast retail market lead and John Lambert, Fla., retail market lead.

Burmeister and Teague join JLL from SRS Real Estate Partners.

While at SRS, Burmeister served as market leader for operations in Mobile, Ala., and co-market leader for Birmingham Ala., operations.

February 12, 2014

Jones Lang LaSalle has announced the appointment of Josh Burmeister as executive VP and Gulf Coast retail brokerage lead and Ms. Buff Teague as VP.

Chicago — Jones Lang LaSalle has announced the appointment of Josh Burmeister as executive VP and Gulf Coast retail brokerage lead and Ms. Buff Teague as VP. They will cover Alabama, Mississippi, Louisiana and the Florida Panhandle, partnering with John Bemis, Southeast retail market lead and John Lambert, Fla., retail market lead.

Burmeister and Teague join JLL from SRS Real Estate Partners.

While at SRS, Burmeister served as market leader for operations in Mobile, Ala., and co-market leader for Birmingham Ala., operations.

February 7, 2014

Jones Lang LaSalle has appointed Byron Howard as VP in the firm’s Dallas office.

Dallas — Jones Lang LaSalle has appointed Byron Howard as VP in the firm’s Dallas office. He will work under the direction of Dallas Retail Brokerage Lead Clay Smith, who joined JLL in early 2013 when the firm expanded its retail brokerage platform in Texas.

According to JLL, employment gains in Dallas doubled the national average last year, while the housing marked is improving rapidly. That has produced an increased demand for retail space.

February 7, 2014

Jones Lang LaSalle has appointed Byron Howard as VP in the firm’s Dallas office.

Dallas — Jones Lang LaSalle has appointed Byron Howard as VP in the firm’s Dallas office. He will work under the direction of Dallas Retail Brokerage Lead Clay Smith, who joined JLL in early 2013 when the firm expanded its retail brokerage platform in Texas.

According to JLL, employment gains in Dallas doubled the national average last year, while the housing marked is improving rapidly. That has produced an increased demand for retail space.

January 29, 2014

Jones Lang LaSalle has announced that the firm has been retained to manage Shops Around Lenox, a 124,409-sq.-ft. open-air center off Peachtree Road in the Buckhead area of Atlanta.

Chicago — Jones Lang LaSalle has announced that the firm has been retained to manage Shops Around Lenox, a 124,409-sq.-ft. open-air center off Peachtree Road in the Buckhead area of Atlanta. The property’s tenant mix includes Crate & Barrel, Lululemon Athletica, Swank, Deka, Ona Atlanta, Paper Source, Suit Supply, Seven Lamps and Bhojanic.

January 20, 2014

Jones Lang LaSalle has named Greg O’Brien chief executive officer, Americas.

Chicago — Jones Lang LaSalle has named Greg O’Brien chief executive officer, Americas. Reporting directly to Colin Dyer, president and CEO of JLL, O’Brien will have overall responsibility for the Americas business. He will be succeeded as CEO, Markets by John Gates. Both appointments are effective immediately.

Currently a member of the firm’s Americas Executive Committee, which sets the strategic direction for the region, O’Brien will now head this group and join the firm’s Global Executive Board.

 

January 20, 2014

Jones Lang LaSalle has named Greg O’Brien chief executive officer, Americas.

Chicago — Jones Lang LaSalle has named Greg O’Brien chief executive officer, Americas. Reporting directly to Colin Dyer, president and CEO of JLL, O’Brien will have overall responsibility for the Americas business. He will be succeeded as CEO, Markets by John Gates. Both appointments are effective immediately.

Currently a member of the firm’s Americas Executive Committee, which sets the strategic direction for the region, O’Brien will now head this group and join the firm’s Global Executive Board.

 

January 2, 2014

Omni-channel strategies are helping chain stores compete with pure-play e-commerce retailers, but it is also driving major changes in their e-commerce logistics models. In an omnichannel strategy, which seamlessly integrates sales channels such as the store, web and/or mobile, consumers can choose the most convenient way to order, receive and return their purchases.

By Rich Thompson, managing director of supply chain & logistics solutions for the Americas at Jones Lang LaSalle

December 20, 2013

Jones Lang LaSalle is expanding its retail brokerage platform into Phoenix.

PhoenixJones Lang LaSalle is expanding its retail brokerage platform into Phoenix. Tyson Switzenberg will lead the firm’s new Phoenix practice. Senior Associate John Reva and Associate Trask Switzenberg will join him.

December 20, 2013

Jones Lang LaSalle is expanding its retail brokerage platform into Phoenix.

PhoenixJones Lang LaSalle is expanding its retail brokerage platform into Phoenix. Tyson Switzenberg will lead the firm’s new Phoenix practice. Senior Associate John Reva and Associate Trask Switzenberg will join him.

December 20, 2013

Jones Lang LaSalle Retail has announced the expansion of its Midwest platform with the addition of Sylvia Payette as the new Midwest property management lead.

Chicago Jones Lang LaSalle Retail has announced the expansion of its Midwest platform with the addition of Sylvia Payette as the new Midwest property management lead.

December 20, 2013

Jones Lang LaSalle Retail has announced the expansion of its Midwest platform with the addition of Sylvia Payette as the new Midwest property management lead.

Chicago Jones Lang LaSalle Retail has announced the expansion of its Midwest platform with the addition of Sylvia Payette as the new Midwest property management lead.

December 12, 2013

The recession took a major toll on the retail real estate sector but, despite waffling consumer confidence, the sector continues to improve. Retail now accounts for 19% of total U.S. investment volume year-to-date 2013.

The recession took a major toll on the retail real estate sector but, despite waffling consumer confidence, the sector continues to improve. Retail now accounts for 19% of total U.S. investment volume year-to-date 2013.

Retail experts from Jones Lang LaSalle predict four key forces that will drive an increase in the retail transaction market during 2014:

1. Strengthening Fundamentals  

December 12, 2013

The recession took a major toll on the retail real estate sector but, despite waffling consumer confidence, the sector continues to improve. Retail now accounts for 19% of total U.S. investment volume year-to-date 2013.

The recession took a major toll on the retail real estate sector but, despite waffling consumer confidence, the sector continues to improve. Retail now accounts for 19% of total U.S. investment volume year-to-date 2013.

Retail experts from Jones Lang LaSalle predict four key forces that will drive an increase in the retail transaction market during 2014:

1. Strengthening Fundamentals  

December 11, 2013

Jones Lang LaSalle’s Capital Markets group has closed the sale of Northwest Crossing Centre, a 179,469-sq.-ft., fully leased shopping center in Houston.

Houston Jones Lang LaSalle’s Capital Markets group has closed the sale of Northwest Crossing Centre, a 179,469-sq.-ft., fully leased shopping center in Houston. USA Properties purchased the property from Weingarten Realty. JLL secured 10-year, fixed-rate financing for the acquisition.

December 11, 2013

Jones Lang LaSalle’s Capital Markets group has closed the sale of Northwest Crossing Centre, a 179,469-sq.-ft., fully leased shopping center in Houston.

Houston Jones Lang LaSalle’s Capital Markets group has closed the sale of Northwest Crossing Centre, a 179,469-sq.-ft., fully leased shopping center in Houston. USA Properties purchased the property from Weingarten Realty. JLL secured 10-year, fixed-rate financing for the acquisition.

November 22, 2013

Jones Lang LaSalle has closed the sale of Powers Ferry Plaza on behalf of Equity One.

Atlanta — Jones Lang LaSalle has closed the sale of Powers Ferry Plaza on behalf of Equity One. An Atlanta-based private investor purchased the 86,401-sq.-ft. shopping center anchored by Micro Center.

The property is strategically located on approximately 10.7 acres along Powers Ferry Road near the intersection of Powers Ferry Road and Delk Road, a little more than 12 miles northwest of downtown Atlanta.

 

November 22, 2013

Jones Lang LaSalle has closed the sale of Powers Ferry Plaza on behalf of Equity One.

Atlanta — Jones Lang LaSalle has closed the sale of Powers Ferry Plaza on behalf of Equity One. An Atlanta-based private investor purchased the 86,401-sq.-ft. shopping center anchored by Micro Center.

The property is strategically located on approximately 10.7 acres along Powers Ferry Road near the intersection of Powers Ferry Road and Delk Road, a little more than 12 miles northwest of downtown Atlanta.

 

November 21, 2013

Jones Lang LaSalle has closed the sale of a portfolio of four grocery-anchored centers on behalf of Regency Partners II.

AtlantaJones Lang LaSalle has closed the sale of a portfolio of four grocery-anchored centers on behalf of Regency Partners II. Publix Supermarkets acquired the properties for $37.5 million.

The portfolio of shopping center includes:

November 21, 2013

Jones Lang LaSalle has closed the sale of a portfolio of four grocery-anchored centers on behalf of Regency Partners II.

AtlantaJones Lang LaSalle has closed the sale of a portfolio of four grocery-anchored centers on behalf of Regency Partners II. Publix Supermarkets acquired the properties for $37.5 million.

The portfolio of shopping center includes:

November 20, 2013

Jones Lang LaSalle has announced the addition of seven brokerage experts to its national program.

Austin, TexasJones Lang LaSalle has announced the addition of seven brokerage experts to its national program. Austin McWilliams joined the firm as a senior VP; Travis Sawvell and Jon Switzer joined as VPs, and Katie Carlisle joined as an associate, all based in Austin. Their additions come on the heels of the firm’s newly formed Austin Retail Brokerage practice led by newcomers Todd Wallace and Robert O’Farrell.  

November 20, 2013

Jones Lang LaSalle has announced the addition of seven brokerage experts to its national program.

Austin, TexasJones Lang LaSalle has announced the addition of seven brokerage experts to its national program. Austin McWilliams joined the firm as a senior VP; Travis Sawvell and Jon Switzer joined as VPs, and Katie Carlisle joined as an associate, all based in Austin. Their additions come on the heels of the firm’s newly formed Austin Retail Brokerage practice led by newcomers Todd Wallace and Robert O’Farrell.  

November 8, 2013

Employment growth in science, technology, engineering and mathematics and the continuing recovery in the U.S. housing market have begun to affect all sectors of commercial real estate, according to Jones Lang LaSalle’s “Cross Sector Outlook.”

Chicago — Employment growth in science, technology, engineering and mathematics and the continuing recovery in the U.S. housing market have begun to affect all sectors of commercial real estate, according to Jones Lang LaSalle’s “Cross Sector Outlook.”

Total sector commercial real estate volumes in the first three quarters of 2013 have reached $208.82 billion, an increase of 30% over the same period in 2012, said the report.