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Case Study

Helping Golfsmith drive down costs

 
Challenge

Retail sales declining rapidly due to economic climate and decline in consumer discretionary spending.

Client’s senior management needed to reduce overhead and occupancy costs.

JLL Asset Management Solution
JLL conducted a detailed portfolio review to determine options and timeline for each lease.

JLL’s field teams provided market insight and comp data to assist negotiations
 
Terms of individual leases were renegotiated with landlords.
 
Results
In less than 60 days, JLL generated over $2 million in savings and avoidance.

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