Continued growth in Bay Area real estate market provides further opportunities for institutional owners to maximize retail assets
SAN FRANCISCO, Nov. 4, 2014 — JLL today announced that it has expanded its retail brokerage practice in Northern California with the addition of Jamie Kendall as Vice President. Kendall will be based in the firm’s San Francisco office, and will partner with the firm’s existing retail, agency leasing and investment sales teams to help maximize the value of retail assets for JLL’s growing client base in downtown San Francisco. Kendall will have a broad leasing focus, spanning shopping malls to street-level space in trophy office buildings.
“The continued growth we’ve witnessed in the Bay Area’s office and residential sectors have given rise to tremendous opportunities for property owners to feed the need for expanded retail amenities of all types from high end luxury goods to specialty shops, national and regional grocery chains, and franchises to locally-sourced artisanal products,” said Elizabeth Hearle, Pacific Northwest Market Director for JLL. “By expanding our retail practice with the addition of Jamie, we are better able to provide our clients with the knowledge, resources and transactional capabilities to fully leverage retail opportunities within their San Francisco portfolios.”
Jamie Kendall spent the last six years as a leasing executive at Vornado Realty Trust in New York, where she worked with retailers including Coach, TopShop, M.A.C. Cosmetics, U.S. Polo Association, Sunglass Hut and others as well as restaurants such as Planet Hollywood, Cake Boss Cafe and Buca Di Beppo. While with Vornado, she was responsible for executing 68 deals including almost 400,000 square feet of retail leases including record-breaking deals on Fifth Avenue and Times Square. She graduated summa cum laude and Phi Beta Kappa from Vanderbilt University with a Bachelor of Arts degree in English Literature and French. Kendall was the Vice President and an executive board member of the Phi Beta Kappa Association of New York, and is a member of both Phi Alpha Delta Law Fraternity and Alpha Kappa Psi Business Fraternity. Kendall is a native of the San Francisco Bay Area and attended Campolindo High School in Moraga.
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
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 $53.0 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.