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Jones Lang LaSalle adds 600,000+ sq. ft. in third-party business

6/7/2011

Atlanta -- Jones Lang LaSalle said Tuesday it has been named the new leasing and/or property manager for five retail properties in Arkansas, North Carolina, New York and Ohio.



The portfolio, owned by a variety of institutional investors, includes open-air shopping centers and a single-tenant property in Manhattan.



The Retail division of JLL announced it was named leasing manager for the 167,915-sq.-ft. Streets of West Chester, located in the Cincinnati suburb of West Chester, Ohio, and anchored by Barnes & Noble, Rave Motion Pictures, J. Jill, Chico’s and Joseph A. Banks Clothiers. JLL will continue to manage the open-air mall.



The company was also named leasing manager for Parkway Center South, a 130,029-sq.-ft. open-air center in Grove City, Ohio, anchored by T.J. Maxx, Bed Bath & Beyond, Staples and PetSmart. The firm will continue as the mall’s property manager.



Jones Lang LaSalle will serve as leasing manager for Mellor Park Mall, a 253,628-sq.-ft. shopping center in El Dorado, Ark., anchored by J.C. Penney. It was also named leasing manager for Southern Pines Marketplace, a 57,404-sq.-ft. shopping center in Southern Pines, N.C., featuring Stein Mart, Olive Garden and Golf Augusta.



Suburban Asset Management also awarded Jones Lang LaSalle the leasing for Hickory at Promenade, a 15,523-sq.-ft. strip center shadow anchored by Walmart Supercenter, in Hickory, N.C.



Jones Lang LaSalle was named property manager for 475 Broadway, a 8,400-sq.-ft. retail space in New York City’s SoHo neighborhood. And JLL was awarded the management of the retail component of Southside at McEwen, a new mixed-use development in Nashville’s Cool Springs submarket. Currently, the retail component consists of a 45,000-sq.-ft. Whole Foods’ freestanding building with a freestanding Bricktop’s restaurant out parcel delivering later this year.

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