JLL Brokers $45 Million Sale of 193,850-Square-Foot Open-Air Retail Center in Metro Detroit
Southfield, Mich. — JLL Capital Markets has brokered the $45 million sale of Tel Twelve, a 193,850-square-foot retail center in Southfield. The property is located roughly 15 miles northwest of Detroit at 28400 Telegraph Road. The center was 98 percent occupied at the time of…
12 Aug 2022
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Keeping Up in a Changing World
The changes in the real estate world due to developments in technology and the COVID-19 pandemic are enormous. The retail shopping center of today would be unrecognizable a decade ago.…
Why Shopping Centers Need to Take a Counterintuitive Approach to…
As shopping center developers, operators and marketers try to figure out their experiential futures, part of the conversation will inevitably be about technology. And what the industry’s movers and shakers…
Great PR and Marketing Drive Sustained Success for Retail and…
While pandemic pressures have influenced how we live, spend our leisure time and allocate our dollars, one thing remains constant: the power of place. For all the convenience of online…
Macro Trends and Micro Solutions in Mixed-Use Projects
With pandemic-related disruptions fading with time, the retail sector has recovered in impressive fashion. Capitalizing on a flight to quality, 2021 ushered in a dramatic increase in deal flow and…
Pandemics, Priorities and the Future of Retail Real Estate Destinations
Beset by pandemic pressures and evolving in the face of ongoing demographic and sociocultural shifts, the commercial real estate industry is on the cusp of some profound changes. The retail…
From the Magazine
Retail Design Adapts to New Technology, Consumer Behavior and Supply Chain Issues
It’s a challenging world right now. Inflation, rising interest rates, persistent supply chain lags and labor shortages are affecting the retail and industry. That’s to say nothing of the always…
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