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JLL continues to build national leasing platform to compliment firm’s third-party management practice
LOS ANGELES, Feb. 1, 2017 – JLL today announced it has hired Kristin Grove as a Vice President of National Retail Leasing based in Los Angeles. In her new role, Grove will support JLL's investor clients by overseeing the leasing efforts and merchandising strategy for their retail space on the West Coast. Grove brings to JLL extensive retail leasing experience on a wide array of retail assets including high-end properties, lifestyle centers, enclosed malls, redevelopment projects, downtown retail, and big box and grocery-anchored centers.
"Kristin's ability to creatively lease space and leverage relationships with national, regional and local retailers to achieve an ideal tenant mix for each individual centers' demographics will allow JLL to maximize our clients' asset values and occupancy on the West Coast," added Holly Rome, Director of National Retail Leasing, JLL.
Prior to joining JLL, Grove was most recently the Director of Leasing for General Growth Properties. During her career at GGP, Grove focused on strategically creating and negotiating leases with retailers for a portfolio of malls throughout the U.S. She has leased several regional and super regional malls including challenged, high-end and redevelopment projects for REIT and third party managed portfolios.
Grove holds a Juris Doctor from Stetson University College of Law and a bachelor's degree in English and Political Science from The University of Michigan. She is an active member of the Illinois State Bar, American Bar Association and International Council of Shopping Centers.
JLL's retail experts partner with retailers, investors and owner/operators with an extensive team of dedicated experts around the world. They understand the inherent complexities and variability associated with both the retail industry and increasingly complex capital markets. JLL's specialists are recognized for their independent and expert advice to clients, backed by industry-leading research that delivers maximum value. With leading in-depth knowledge of the local, regional and global market dynamics, JLL aims to truly partner with its clients for the entire lifecycle of an asset or lease. Its experts deliver clients maximum value to support and shape their investment, site selection and brand strategies.
JLL is the largest third-party retail property manager in the United States with more than 1,000 centers, totalling 125 million square feet under management. The firm has more than 140 retail brokerage experts spanning more than 30 major markets, representing more than 900 retail clients. In 2015, JLL's retail experts completed transaction management and portfolio optimization on 1,500+ leases, negotiated 500+ leases for retailers and 1,000+ leases for landlords and completed more than $2.7 billion of investment sales, dispositions and financing for investors. 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. JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 70,000. On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 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.
Katie Sershon, JLL
+1 312 228 3127
Jesse Tron, The Dealey Group
+ 1 914 424 0299