Customer needs and technology are changing the way banks utilize brick and mortar branches. The ability to deposit checks, transfer money, and pay others by computer or cell phone is lessening the need for in-person banking. The result is fewer and smaller branches.
Since 2010 the number of bank branches in JLL markets has fallen by 5.6 percent. The… Read More
Commercial real estate brokerage firm JLL (NYSE: JLL) today announced Rick Spector, senior vice president of retail brokerage, raised nearly $25,000 in 10 weeks for the Gateway Chapter of the Leukemia and Lymphoma Society (LLS). Spector was one of 17 men and women who competed in the “Man/Woman of the Year” competition… Read More
Jones Lang LaSalle Incorporated (NYSE: JLL) today reported diversified revenue increases for the first quarter of 2017, resulting in diluted earnings per share of $0.24 and adjusted diluted earnings per share of $0.45.
According to CEO Christian Ulbrich, “Strong revenue growth and continued market share gains combined with expected margin performance contributed to solid first-quarter results. Favorable market conditions and healthy prospects for new business make us confident we will deliver on the expectations we… Read More
More than 300 department stores are closing this year, putting about 36 million square feet of vacant space back on the market, according to JLL’s latest retail report Empty to Alive: The Next Use for Department Store Space. Which begs the question, what will become of all that empty space. Well, it’s not all doom and gloom as… Read More
Members of Team JLL, along with more than 1,000 participants, took part in the “Master the Met” race, a vertical challenge to the top of the Metropolitan Square Building, the tallest building in St. Louis. JLL St. Louis, which manages the building and also is headquartered at the Met,… Read More