By: Jeff Venghaus, executive vice president and industrial lead, JLL Houston
Houston is rising as a big-box market thanks to strong population growth and the expansion of e-commerce and consumer goods. This year, the market is set to deliver a record seven warehouse and distribution facilities of greater than 400,000 square… Read More
The world of work is changing and the landscape of real estate has evolved. What was once about acquiring and managing buildings has become a strategic lever for transformation, enabling organizations to achieve broader business agendas. Relationships between organizations and the people they serve, employ and partner with are… Read More
Our brokerage platform continues to expand, and last month industry veterans Donna Kolius, Pierce Owens and Kaylie Walker joined JLL in Houston. The team focuses on multi-market dispositions, national portfolio strategies, and sale leasebacks for corporations, private equity firms, real estate investment trusts, investors and retailers.
They recently returned from ICSC RECon. Here’s what they had to say about some key takeaways from the shopping center industry’s largest convention.… Read More
Traditional department stores face headwinds as consumers choose to shop in discount stores, at specialty stores and on the web. Major department stores have announced sizable closures this year, and as many as 324 stores across the U.S. will soon be empty, adding about 36 million square feet… Read More
Houston’s retail supply is finally beginning to satiate the red-hot demand of the latest growth cycle.
The city’s retail construction pipeline decreased in the first quarter of this year, settling at 2.7 million square feet. This represents a significant, but ultimately inevitable decrease from the… Read More
More than 440 grocery stores opened in the U.S. in 2016. The Lone Star State was home to the most new grocery store openings with 3.04 million square feet or 16.13 percent of new grocery space leased. Much of this expansion was driven by… Read More