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LIVE: JLL’s Retail Luxury Report 2023

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LIVE: JLL’s Retail Luxury Report 2023

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JLL’s Retail Luxury Report 2023 is now live.

Key trends:

Luxury retailers leased 650,000 sqft of space last year
Sunbelt cities make up growing share of luxury leasing
Malls accounted for almost 40% of overall luxury retail leasing
Economic concerns will impact the aspirational luxury customer
Luxury sales reach $70 billion in 2022
“Quiet” luxury is making some serious noise

The report also includes notable luxury openings, key luxury themes for 2023 and beyond, Class A malls that are attracting luxury brands, prime urban corridors and more!

Download here.

If you’d like to speak to an expert, please let me know.

Naveen Jaggi, President of Retail Advisory Services, JLL
Kristin Mueller, President of Retail Property Management, JLL
Ebere Anokute, Manager, Retail Research, JLL

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Sanzari Completes Multi-Million-Dollar Glenpointe Marriott Project

Alfred Sanzari Enterprises, a preeminent family-owned and operated commercial and residential real estate firm, announces the completion of a capital improvement project at the Glenpointe Marriott, a 351-room full-service hotel located on the company’s Glenpointe corporate campus in Teaneck, N.J. The capital improvement project transformed the hotel’s 39,317-square-foot

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