SAN FRANCISCO, CA--(Marketwired - Aug 3, 2015) - JLL (
The properties now under JLL management include 5.4 million square feet of assets located in the San Francisco Bay Area and San Jose/South Bay, one million square feet in Central and Southern California and another 138,175 square feet of property in Arizona.
Shelter Bay's entire team of 30 experts has joined JLL, and will continue to manage the portfolio. Sondra Van Metre, former President and CEO of Shelter Bay, will now lead JLL's West Coast retail property management operations as the Director of Retail Property Management, West Coast.
"Since we announced our intention to join JLL, the client and retailer reception we've received is proof positive of the expanded potential we now have as part of a global enterprise," said Van Metre. "Adding our team to JLL, plus the recently acquired Wilson Retail Group, now positions our firm to lead retail services in the West Coast."
For additional information on JLL acquiring Shelter Bay Retail Group, please refer to the July 16, 2015 news release.
JLL's retail business serves as an industry leader in retail real estate services. The firm's nearly 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 125 retail brokerage experts spanning more than 30 major markets, representing more than 670 retail clients. As the largest third-party retail property manager in the United States, JLL's retail portfolio has more than 620 centers, totaling 83.5 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 more news, videos and research from JLL's retail business please visit: www.jllretail.com.
About JLL
JLL (
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2867326
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2867329