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News release

ROSEVILLE, MN

Rosedale Square Now Under JLL Management

Grocery-anchored strip centers show strong fundamentals and robust returns   


Roseville, Minn., Aug. 21, 2014 — JLL’s Retail experts today announced the firm has been retained to manage Rosedale Square. The nearly 160,000-square-foot upscale, grocery-anchored strip center is located at NWC of County Rd C & Snelling Ave, in Roseville, Minnesota. The property’s is currently 94 percent occupied.

Midwest Retail Market Lead Larry Kilduff, Regional Manager Sylvia Payette and Senior Property Manager Rex Horan are leading the JLL team on this transaction.

“Rosedale Square’s central location in the heart of the Twin Cities most desirable retail sub-market of Roseville and its strong tenant roster continue make this asset a staple in the community,” said Kilduff. “Under JLL’s management the center is expected to provide the highest quality and best selection of products and services to the community.”

JLL’s Retail Group serves as the industry’s leader in retail real estate services. The firm’s more than 800 dedicated retail experts in the Americas partner with investors and occupiers around the globe to support and shape investment and site selection strategies. Its retail specialists provide independent and expert advice to clients, backed by industry-leading research that delivers maximum value throughout the entire lifecycle of an asset or lease. The firm has more than 90 retail brokerage experts spanning more than 25 major markets, representing more than 440 retail clients. As the largest third party retail property manager in the United States, JLL’s retail portfolio has 350 centers, totaling 67 million square feet under management in regional malls, lifestyle centers, grocery-anchored centers, power centers, central business districts, transportation facilities and mixed-use projects. For further information, visit www.jllretail.com

For more news, videos and research from JLL’s Retail Group, please visit: www.jllretail.com

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.