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Page 1: Delivering comprehensive retail real estate services that produce

Delivering comprehensive retail real estate services that produce superior results.

www.jllretail.com

Retail Intelligence

Retail Services

Page 2: Delivering comprehensive retail real estate services that produce
Page 3: Delivering comprehensive retail real estate services that produce

Company Overview

As the proven leader in the retail industry, Jones Lang LaSalle offers a full array of retail services for investors and occupiers of real estate seeking to maximize value, regardless of the size of theirportfolio, the location of their assets or the scope of their operations.

As the leading retail service provider, Jones Lang LaSalle Retail manages the largest third-party retail portfolio in the country and provides tenant representation services for retailers throughout the United States. With dedicated local market teams throughout the continental United States, Hawaii and the District of Columbia, the depth of our market knowledge is unparalleled. Furthermore, as a service line of Jones Lang LaSalle, we are able to leverage the firm’s breadth of global resources represented in 200 key markets around the world, at more than 10,000 retail locations worldwide.

Our comprehensive retail services meet the expanding needs of investors and occupiers of all types of retail from enclosed regional malls to mixed-use developments to lifestyle centers to grocery-anchored strip centers to big-box power centers to street retail and transportation hubs. With dedicated, local retail brokers throughout the country, we are able to leverage the expansive relationships we have with retailers. Nationally, our development group has overseen more than 20,000 projects totaling $10 billion, including ground-up development, redevelopment and expansion projects.

Working with Jones Lang LaSalle Retail, you will discover several key areas in which we set ourselves apart. As a third-party service provider, we are not conflicted when it comes to putting our clients’ needs first. We are committed to working in the best interests of our clients and creating a customized approach to maximizing your investment and organization.

We build our business on client satisfaction . We recognize the highest potential in every property.

Page 4: Delivering comprehensive retail real estate services that produce

Retail Services

Property ManagementOur property managers creatively seek alternative sources of income, negotiate local lease transactions, aggressively manage operating costs and pursue expense reduction opportunities through national purchasing and service agreements. We place significant priority on keeping a property safe and clean. Our emergency preparedness programs are continually monitored and updated. Additionally, we continue to focus on the development and implementation of energy and sustainability solutions for our clients.

Agency LeasingOur agency leasing brokers are located throughout the United States and provide results-driven, innovative leasing services for assets in a wide range of urban and suburban markets. We maintain an extensive network of the country’s leading retailers, enabling us to capitalize on these strong relationships for the benefit of individual clients. Furthermore, we manage anchor relationships and conduct anchor negotiations.

Financial ReportingAccounting representatives assigned to each client ensure that financial reports are accurate, timely and customized to meet the specific reporting needs of every client. We provide the proper level of control for the property’s accounts payable and timely collection of accounts receivable.

Local MarketsOur dedicated local market teams consist of seasoned retail experts who are able to leverage relationships throughout the country to provide customized services

to meet the evolving needs of our investors and retailers. The addition of our retail brokerage services in major markets provides clients with local market resources and a pool of best practices to meet their real estate needs.

Specialty LeasingOur specialty leasing teams successfully develop and incubate innovative retail uses for short-term retailers, thereby augmenting the property’s retailer mix and generating additional revenue. Specialty leasing retailers enhance mall occupancy by filling common area locations such as carts and kiosks, as well as vacant in-line stores.

MarketingJones Lang LaSalle marketers are thought leaders who stay on the forefront of trends and innovation. Our marketing professionals create strategic marketing plans to address the unique needs of each property. Industry-leading digital media strategies are integrated into all programming to drive results and positively impact the bottom line. The research department provides in-depth analysis on the economic factors impacting our industry as well as market-specific data to support the marketing, leasing and development teams in creating custom plans to maximize the return on your investment.

Tenant CoordinationProfessionally trained in architecture and design and LEED accredited, our team provides comprehensive tenant coordination services, developing design criteria specific to each property. This includes supervising and coordinating the planning, design and construction of all tenant spaces. Our efforts result in

innovative, high-quality store and brand presentations delivered on time and within budget, specific to client needs. Additionally, our tenant coordinators interact closely with leasing specialists to relocate and reposition tenants for optimum sales impact.

We recognize the highest potential in every property.

Page 5: Delivering comprehensive retail real estate services that produce

Retail Services

Development & Project ManagementOur retail development teams provide solutions that successfully align ownership goals with market demand and retailer objectives. From renovations and expansions to ground-up development, anchor store repositioning and remerchandising strategies, we execute a plan to maximize the project potential. Our team of seasoned professionals can also manage the entire construction process from permitting to completion.

Due Diligence & ConsultingOur highly experienced team of retail professionals provides due diligence services to assist owners in assessing the value of their potential investment by focusing on three main areas of review: economic, physical/engineering and leasing. Our leasing team, who has both extensive market knowledge and strong relationships in the brokerage community, conducts thorough leasing and market analysis to verify the asset’s potential to achieve optimal rental rates and leasing activity.

Capital MarketsOur Capital Markets teams, located in major markets throughout the country, provide knowledgeable perspective and resources for real estate transactions. Our strong relationships with all types of institutional and non-institutional domestic and international investors and our extensive market knowledge allow us to effectively market and finance retail properties and achieve the maximum prices the market will bear

with the highest degree of certainty of closure. Our thorough valuations and innovative transaction structures exceed our clients’ expectations.

Receivership ServicesOur real estate professionals assist owners of distressed properties to maximize value and achieve optimum results. With more than 20 years of receivership experience, we are accustomed to working with courts, lenders, servicers and borrowers to control and direct distressed assets until resolution is achieved, often involving sale of the asset. As a court-appointed receiver, we assume fiduciary responsibility for stabilizing the property by managing and leasing the asset while developing recommendations for the most profitable strategies. Our goal is to ensure the value of a client’s real estate or loan asset does not decline further and is maximized in the event of a sale.

ResearchOur client teams use various demographic research platforms to customize our plans for property leasing, re-merchandising, renovation and marketing strategies. Through our dedicated research team, we conduct feasibility analyses for owners and developers to help assess and quantify the retail opportunities for development projects. We also provide white papers and regular client communiqués on relevant topics such as sustainability, changing consumer demographics and economic forecasts, which provide owners with timely and applicable perspective on the current issues impacting the retail industry.

Tenant RepresentationEvolving market conditions and continued economic volatility have resulted in many retailers opting to outsource their real estate needs in order to ensure speed-to-market and a consistent, proven methodology to satisfy their retail real estate requirements. Our team of experts, comprised of former in-house retail real estate professionals from the nation’s top brands, serves as trusted advisors to Jones Lang LaSalle’s retail occupier clientele. From strategic market planning, site acquisition and project management to retail portfolio optimization and brokerage services, we provide a full suite of services for every stage of the retail life cycle.

We offer a full breadth of retail services. We attract tenants to attain property success .

Page 6: Delivering comprehensive retail real estate services that produce

Agency Leasing Services

Our staff of retail brokers, located throughout the United States, provides results-driven, innovative leasing services for assets in a wide range of urban and suburban settings.

We attract tenants to attain property success .

“It has been my distinct PLEASURE to have worked with the majority of agents that represent Jones Lang LaSalle. They cover a wide spectrum of properties that typically fit the needs of all retailers, whether they be national, regional or local markets. Their years of experience have given them the savvy to broker deals that satisfy the needs of both the Landlords and the Retailers, creating a true “win-win” relationship for all involved. As a Retailer I have always felt assured that my deals have been fairly represented by the folks at JLL. As a result, I have always gotten a fair value for my rental dollar. And I think my Landlords would similarly agree that they are getting a good value for their properties. And, at the end of the day, that’s what success is measured by. And I’ve been successful with JLL. You will be, too.”– Frank Fox, Genesco

We maintain a wide network of retail contacts, enabling us to capitalize on these relationships for the benefit of individual clients. In the past year alone, Jones Lang LaSalle leasing representatives have had more than 5,000 appointments, resulting in 800 new and renewed leases equaling approximately three million square feet of retail. We have worked with all types of retailers from value-oriented to moderately-priced to upscale/luxury, restaurateurs, entertainment and anchor tenants. Jones Lang LaSalle understands that effective leasing relies on robust relationships, but we also know that sustained leasing is powered by research-based strategies to achieve the correct merchandising mix and drive higher sales at your property. Our brokers engage in ongoing dialogue with the retailers and the brokerage community, resulting in strong relationships that deliver deals, across all property types.

Jones Lang LaSalle commands a show-stopping presence at the ICSC’s largest leasing convention in Las Vegas, attracting over 35,000 of the industry’s top retailers, investors and property owners. In addition, throughout the year, we actively market your property at other ICSC Deal Making Sessions and Regional Conferences.

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Property Management Services

At Jones Lang LaSalle, we bring a dedicated, single-minded focus to cultivating each asset’s performance by positioning properties to achieve maximum benefit from their markets and their customers.

We customize a plan for every property.

Guided by a customized plan for every client’s portfolio, our property managers are responsible for the day-to-day management of each center. They creatively seek alternative sources of income and negotiate local lease transactions. They aggressively manage operating costs and pursue expense reduction opportunities through national purchasing and service agreements.

At Jones Lang LaSalle, we also place significant priority on keeping a property safe and clean. Our managers direct emergency preparedness programs that are continually monitored and updated.Our property teams focus on sustainability as a means for saving costs and enhancing customer loyalty. Owners and retailers can reap multiple benefits by going green. They can reduce their energy consumption, lessen their risks, meet competitive threats, enhance their brands, and increase their revenues. We proactively review our client’s properties and implement a focused strategy that results in increased efficiency and cost reduction.

▪ Driving property value to a level consistent with your investment goals

▪ Orchestrating the strategies necessary to keep your property compelling to your consumers

▪ Analyzing and maximizing occupancy costs to extract additional revenue from your property

▪ Recruiting, developing and retaining high caliber management professionals

▪ Developing creative approaches to revenue generation through specialty and ancillary income programs

▪ Developing sales driven programs to increase shopper loyalty and retailer sales

▪ Providing the information and expertise you need for timely ownership decisions

▪ Fostering synergy among management, leasing, operations and marketing teams to accelerate results

▪ Developing expense efficiencies to reduce operating costs

▪ Identifying initiatives to implement environment sustainability practices

▪ Implementing Jones Lang LaSalle Standards of Excellence to ensure optimum operational standards are maintained

▪ Auditing and creating inspection programs to ensure conformity to management agreement and policies and procedures

Our clients benefit from tailored management resolutions aimed at:

We provide a tailored approach which ensures accountability .

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We customize a plan for every property. We provide a tailored approach which ensures accountability .

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Week in Retail

Jones Lang LaSalle

Highlights from this month's Retailer issue:

• Warm weather boosts building supply sales • Leasing update: who's opening, who's closing • 90-day outlook for sales • March retail sales

For further information, please contact:

Greg Maloney President and CEO, Retail Jones Lang LaSalle +1 404 995 6315 [email protected] Keisha McDonnough

Research Analyst, Retail Jones Lang LaSalle +1 954 990 0844 [email protected]

Click here to view report

3344 Peachtree Rd NE, Suite 1200

Atlanta, GA 30326

www.us.joneslanglasalle.com

Copyright (c) Jones Lang LaSalle IP, Inc. 2011. All rights reserved. No part of this publication may be reproduced by any means, whether graphically, electronically, mechanically or otherwise howsoever, including without limitation photocopying and recording on magnetic tape, or included in any information store and/or retrieval system without prior written permission of Jones Lang LaSalle IP, Inc. Jones Lang LaSalle Brokerage, Inc., California license # 01856260. Jones Lang LaSalle Americas, Inc., California license # 01223413. This email was sent to [email protected] by Jones Lang LaSalle, Inc. 200 East Randolph Drive Chicago, Illinois 60601 View Privacy Policy | Update Profile | Unsubscribe

Our clients can access their property financial information through customized, secure extranet sites.

Our clients receive electronic updates on national data, including relevant financial information.

Our accounting team are experts in accounting for retail properties and ensure each client’s financial reports are accurate, timely and customized to their individual needs.

Accounting Approach to Client ServicesWe provide a flexible package of financial reporting, customized to the needs of each client. Our services are structured to achieve maximum benefit through: ▪ A combination of decentralized day-

to-day functions with centralized accounting control

▪ A centralized team that reviews and audits financial information and performs specialized functions

▪ Experience in more than six accounting software packages

▪ Local focus and national strength to resolve tenant issues

Our approach combines centralized control with decentralized functions. This two-tiered approach facilitates for proper workload balance while maintaining excellent controls. When acquiring a new property for the portfolio, we assign a coordinator to your property to ensure a smooth transition, with speed and security, through a formal process.

Financial Reporting

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Development & ProjectManagement Services

Jones Lang LaSalle is recognized as a gifted and innovative developer, yet trusted as a conservative and disciplined advisor.

Development and Project ManagementWe are adept at helping owners arrive at the appropriate risk/reward balance in any ground-up development or redevel-opment program. Nationally, we have overseen more than 20,000 projects, totaling $10 billion. These projects were carefully designed to protect long-term asset value and increase sales and market share.

Each project is undertaken with a rigorous rationale and protocol that includes: Assessing the client’s objectives, property status and market conditions Substantiating retailing opportunities through market research and capitalizing on our strong working relationships with key anchor tenants that can provide a competitive advantage for the project Responding to emerging trends to better recommend what will work going forward. Taking a collab- orative approach to evaluate mixed- use opportunities as well as new retailers, new formats, and new methods Reviewing site configuration, limita- tions and identifying potential issues Devising an effective development/ re-development plan in collaboration with accomplished and experienced architects and contractors along with our own in-house leasing, manage- ment and marketing specialists

Developing a proforma of the costs and revenue projections for the development plan to ensure the client’s financial goals can be met Securing the necessary governmental and anchor store approvals for the project Directing the development and con- struction process to deliver projects on time, on budget and fully leased Utilizing a global network data- base for project and product costs to ensure the best low cost approach, and through proprietary software, LeaseTrak and specific project FTP sites to control the flow of informa- tion on a real-time basis Placement of participating capital with our clients for specific projects to both push the project forward and validate our “partnership”

Tenant CoordinationOur LEED accredited tenant coordinatorsprovide tenant coordination services forretailers, developing design criteriaspecific to each property. We conduct approximately 600 tenant plan reviews per year. Our efforts result in innovative, high-quality store and brand presenta-tions delivered on time and within budget, specific to client needs.

We serve as a trusted advisor to our clients.We serve as a trusted advisor to our clients.

Development Services

Jones Lang LaSalle is recognized as a gifted and innovative developer, yet trusted as a conservative and disciplined advisor. Our development team can help assess your center’s needs, identify opportunities, and create and implement a vision to maximize its potential.

Development, Construction and Project Management ServicesWe are adept at helping owners arrive at the appropriate risk/reward balance in any ground-up development or redevelopment program. Nationally, we have overseen more than 20,000 projects, totaling $10 billion. These projects were carefully designed to protect long -term asset value and increase sales and market share.

Each project is undertaken with a rigorous rationale and protocol that includes: ▪ Assessing the client’s objectives,

property status and market conditions

▪ Substantiating retailing opportunities through market research and capitalizing on our strong working relationships with key anchor tenants that can provide a competitive advantage for the project

▪ Responding to emerging trends to better recommend what will work going forward. Taking a collaborative approach to evaluate mixed-use opportunities as well as new retailers, new formats and new methods

▪ Reviewing site configuration, limitations and identifying potential issues

▪ Devising an effective development/re-development plan in collaboration with accomplished and experienced architects and contractors along with our own in-house leasing,

management and marketing specialists

▪ Developing a proforma of the costs and revenue projections for the development plan to ensure the client’s financial goals can be met

▪ Securing the necessary governmental and anchor store approvals for the project

▪ Directing the development and construction process to deliver projects on time, on budget and fully leased

▪ Utilizing a global network database for project and product costs to ensure the best low cost approach, and through proprietary software, DealTrak and specific project FTP sites to control the flow of information on a real-time basis

▪ Placement of participating capital with our clients for specific projects to both push the project forward and validate our partnership

Anchor Store Negotiations and RelationshipsOur relationships with anchor stores, restaurateurs and entertainment tenants span across the country. By leveraging long-standing relationships with anchor stores supported by research, we evaluate and present the best options to our clients for opportunities, which may include repositioning anchor stores, redevelopments and re-merchandising strategies

Tenant CoordinationOur LEED accredited tenant coordinators provide tenant coordination services for retailers, developing design criteria specific to each property. We conduct approximately 700 tenant plan reviews per year. Our efforts result in innovative, high-quality store and brand presentations delivered on time and within budget, specific to client needs.

We enhance income and add value.

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We serve as a trusted advisor to our clients. We enhance income and add value.

Specialty Leasing Services

With representatives throughout the country, the Jones Lang LaSalle Specialty Leasing Team successfully develops and incubates innovative retail uses with short-term retailers, enhancing the property’s retailer mix and generating additional net operating income.

Specialty leasing retailers increase occupancy by filling in-line stores as well as common area locations, such as RMUs and kiosks. Additional income is generated through our ancillary income efforts, which includes sponsorships, advertising, product sampling and traffic-generating events. Our property teams strive to achieve visually appealing specialty leasing programs by providing each temporary retailer with customized design criteria and operational guidelines to help set up and operate their business.

Aggressive marketing campaigns are used to attract retailers, garner interest in our portfolio and educate specialty retailers on the benefits of doing business at your property. Our regional teams oversee and approve all specialty leasing transactions to ensure rents are maximized for the property, the program’s presentation is of the highest quality and any potential risk for ownership is properly managed. In addition, our dedicated National Accounts Managers attend ICSC events, SPREE, IAAPA, and gift shows, seeking appropriate national and regional retailers and staying abreast of the latest trends.

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We create innovative marketing programs that get results .

Marketing Services

Jones Lang LaSalle marketing teams create strategic marketing programs that get results and positively impact the bottom line. Our marketing professionals are thought leaders who stay on the forefront of trends and innovation, thereby serving as invaluable resources for property owners and retailers.

Jones Lang LaSalle marketers develop and implement custom marketing plans to address the unique needs of each property. Traditional and digital media strategies are integrated into each marketing plan to effectively communicate with today’s time-pressed consumers who want and expect communications via a wide variety of media channels. Each Jones Lang

LaSalle-managed center utilizes a cohesive umbrella branding campaign to promote a consistent brand identity in the community. In addition to creating property-specific marketing plans, Jones Lang LaSalle develops shared marketing programs that are cost-efficient yet effective to maximize the impact of each property’s available marketing funds. Shared marketing program opportunities

include: seasonal promotions and supporting collateral materials; professionally managed websites and eblasts; social media program management and turnkey promotions; mobile texting programs and mobile apps; and The Scoop, Jones Lang LaSalle’s proprietary program that rewards our centers’ most loyal shoppers.

We provide customized real estate services in local markets .

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We create innovative marketing programs that get results . We provide customized real estate services in local markets .

Local Markets

Jones Lang LaSalle has dedicated local market teams, including retail brokerage professionals, in major markets throughout the country who understand the real estate needs of both investor and occupier clients and are able to offer an integrated, retail services platform to exceed clients’ expectations. Through our agency leasing and tenant rep brokers, we maintain a wide network of local, regional and national retail contacts, enabling us to capitalize on these relationships for the benefit of individual clients.

Market Depth & Resources With a strong local market presence and team with a complementary background of expertise in tenant representation, property management, agency leasing, research, marketing, investment sales, asset management, development, construction and project management, we are able to offer a full vision of the retail landscape. Whether it is a single asset, entire portfolio, or a retailer seeking locations, our talented teams will create a custom plan that considers the client’s goals, the property type and its geographic region. With the ability to leverage the strength of Jones Lang LaSalle Retail’s vast portfolio of resources and relationships, the client will further benefit from our local brokerage services, in-house research capabilities, financial reporting systems, deal-tracking software, security expertise, development experience and marketing programs.

Multiple Property TypesOur local market teams consist of seasoned retail experts who bring unparalleled experience in meeting the needs and expectations of their clients for all property types including street retail, lifestyle centers, power centers, strip centers, specialty retail, neighborhood grocery centers and mixed-use centers. Their vast knowledge of retail assets has been demonstrated in the success of these centers and retailers in markets throughout the country. Our team’s strength is in providing local market knowledge and retail experience that produce results focused on enhancing the value of your real estate investment and organization.

Client-Centric PlansOur local market teams are focused on providing customized services to meet the evolving needs of investors and retailers. We are able to align our services with our valued occupier and investor clients’ core business and growth strategies that result in success. From large real estate investment trusts to private and institutional owners to retailers, we have the experience and knowledge to develop, lease, manage and add value for our clients. With our local, retail brokerage experts and property management teams, we are committed to working in the best interests of our clients, anticipating their real estate and investment needs, developing effective solutions and delivering high-quality professional services.

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We research demographic trends that impact our industry.

Research

Our client teams use various demographic research platforms to customize your plans for property renovations, new developments, consumer marketing programs, leasing strategies and remerchandising efforts. We provide owners with timely and relevant research data on everything from sales forecasts to consumer trends to capital markets.

Thought LeadershipRetail research provides thought leadership on the Retail industry, developing and communicating timely and pertinent intelligence in the form of reports, white papers, briefings and customized intelligence.

Sample reports include:

▪ Retail Market Briefing – an overview of economic indicators, particularly those that affect Retail; their implications for the industry; and emerging consumer and retailer trends that will determine the future of the industry

▪ Retail Highlights – a summary of capital markets activity, the retail industry performance in general, trends within retail and retailer performance

▪ Retail Beat – a brief narrative of timely information on conditions within the industry

▪ Week in Retail – an engaging summary and analysis of recent articles and reports

▪ Retail Outlook - an overarching quarterly report covering economic data, capital markets, leasing and conditions of local markets

▪ White Papers – in-depth analysis of key trends within the industry, such as digital media

▪ Local market coverage encompasses: Atlanta, Boston, Chicago, Dallas, Hawaii, Houston, Los Angeles, New York, Orange County, Orlando, San Diego, San Francisco, Seattle, South Florida Counties (Miami, Broward, Palm Beach), Tampa, Washington D.C.

Merchandising PlansUsing extensive national and local research, the client team develops a custom property merchandising plan, including: ▪ Historical Perspective

▪ Customer Profile Reports

▪ Competition/Market Overview

▪ Department Store Sales Analysis

▪ Merchandise Mix & Sales Analysis

▪ Leasing Recommendations

▪ Lease Plans & Strategies

▪ Outparcel Assessment

We help our clients achieve superior returns.

Feasibility StudyHigh quality research is the beginning of a revenue-optimizing retail development strategy. Our research professionals conduct in-depth feasibility analyses for shopping center owners and developers to examine, measure and quantify the retail opportunity for a development project. By creating and employing predictive tools, all housed in a proprietary web-based mapping tool, we deliver the strategic groundwork to our clients and assist them in creating strategic market plans for each project.

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We research demographic trends that impact our industry. We help our clients achieve superior returns.

Capital Markets

We’re passionate about our business. As an industry leader in the retail space, we immerse ourselves in this commercial real estate niche and the unique needs of our clients. From regional malls and transportation hubs to power and lifestyle centers, we deliver results. With over 1,300 specialists operating all over the globe, Jones Lang LaSalle Capital Markets has an extensive track record and expertise in investment sales and financing transactions, in-depth retail market knowledge, deep relationships and knowledge of market players.

Value DefinedWe can manage your next retail transaction, no matter what you send our way. As an industry leader in the retail space, we deliver solutions across the spectrum of retail properties and geographies. Our retail team is a tight-knit community of seasoned professionals with deep roots in every facet of the retail arena and a commitment to providing best-in-class services for our clients. Using one diverse, unified platform of shared expertise, we offer a strategic advantage in areas like investment sales, portfolio optimization, financing, repositioning and property management.

Local to GlobalBy leveraging our International Capital Group to facilitate cross-border transactions, we connect you with capital worldwide. This specialist group provides a wide range of international support, including strong buy-side relationships with clients seeking to invest outside their home regions, implementing global marketing and partnering with our world-class research team to put your transaction in the context of the most current global market intelligence.

We Get It DoneOur technologies are advanced, our market knowledge is extensive, our research dives deep and our marketing strategies are time-tested. By leveraging such expert services, coupled with top retail professionals, we consistently lead the industry as major players in the retail space, completing over $1 billion in retail transactions in 2012 alone.

▪ Investment sales

▪ Financing

▪ Note sales

▪ Net lease services

▪ Due diligence and consulting

▪ Receivership services

▪ Research

▪ Portfolio optimization

Investor InsightBy understanding lender and investor appetite we connect you to the right institutions that are actively seeking deals. We understand their strategies, inclinations—and where—they plan to deploy capital so we can negotiate the best terms.

A Focus on YouWe’re committed to retail and retail only, so you know you’re receiving our undivided attention on every transaction. We operate with a select team of capital markets experts to ensure a personal transaction experience, hand picking the right professionals deal by deal. This spirit of valuing relationships extends to the way we interact with our capital sources. We are regarded in the retail real estate marketplace as an ethical, trustworthy partner, and we bring these relationships directly back to our clients, connecting you with a competitive set of capital sources to achieve the best deal for your transaction.

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We deliver the best locations to drive value .

Tenant Representation Services

Our tenant representation team provides superior local market knowledge and retail expertise to meet our clients’ demands in a rapidly changing market. Using award-winning technology, a strong local broker network and a dedicated research team, we consistently identify, secure and deliver the best locations to reach your customers and drive real value for your organization.

Tenant BrokerageOur Jones Lang LaSalle retail brokers are licensed, experienced professionals providing coverage in major markets around the country. We identify and assess optimal locations using a data-driven strategy. We leverage our extensive local market knowledge and our comprehensive network of resources to provide the best solutions for our clients.

Corporate Transaction ManagementTransaction management services is ideal for clients with rapid expansion requirements and/or a need for flexible, outsourced services. Our transaction managers understand the big picture and are focused on the success of a client’s entire portfolio from start to finish. We provide retailers with full program management ― development program consulting, market planning, broker management, site selection, document negotiation, data tracking and cycle-time reduction. Our transaction managers are former, corporate retail executives and bring this unique experience and perspective to our clients’ needs.

Portfolio OptimizationFocusing on lease renewals, lease renegotiations/restructures and disposition services, our portfolio optimization experts identify and implement solutions that provide cost savings for clients. We understand real estate and will help multi-site retailer clients successfully reduce occupancy costs, relocate, downsize, renew and restructure leases to achieve the best possible outcome.

Retailer Site Consulting and Predictive ModelingOur dedicated research team performs statistical analyses for retailer clients that drive transaction decisions and help improve store performance. We can define the customer profile for our clients and create analysis-driven national and regional expansion strategies. Our team’s development of revenue forecasting models ensures a forward-looking approach to a successful development strategy. Our customized electronic mapping system houses client data securely and are easily accessible on the web as a convenient reviewing and decision making tool.

We are the global leader in real estate services.

Our Integrated ApproachJones Lang LaSalle offers additional real estate services to support retailer clients in their business strategies for store expansions, re-branding programs and new store roll-outs. These services include project development services, lease administration and facility management, which help to control operating costs, increase speed-to-market and ensure consistent quality at every location. The effective integration of these synergistic services produces direct value for our clients.

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We deliver the best locations to drive value . We are the global leader in real estate services.

Jones Lang LaSalle Overview

1783 Jones Lang Wootton founded in London1958 Jones Lang Wootton expanded overseas; Internal expansion fosters “one-firm” culture1968 LaSalle Partners founded1997 LaSalle Partners: Acquires the Galbreath Company (4/97); Initial Public Offering (7/97) creates currency for geographic and product expansion1998 LaSalle Partners acquires Lend Lease including COMPASS Retail,COMPASS Management & Leasing and the former Yarmouth Group to become the fourth largest management services firm in the industry1999 Jones Lang LaSalle created by the merger of LaSalle Partners and Jones Lang Wootton to form an integrated global platform (NYSE ticker “JLL”)2006 Jones Lang LaSalle acquires Spaulding & Slye, a privately held real estate services and investment company with offices in Boston and Washington, D.C.2008 Jones Lang LaSalle acquires The Standard Group, a leading Chicago-based retail transaction management firm specializing in portfolio advisory, site selection, and rollout services. Jones Lang LaSalle merges with The Staubach Company, the leading real estate services firm specializing in tenant representation in the U.S.2010 Jones Lang LaSalle acquires General Growth Properties’ third-party management retail portfolio.2011 King Sturge and Jones Lang LaSalle merge EMEA operations, which enhances the strength and depth of our service capabilities in the United Kingdom and in continental Europe

Jones Lang LaSalle (NYSE:JLL), a financial and professional services and investment management firm specializing in real estate, has 200 offices worldwide and operates in more than 1,000 locations in 70 countries.

With 2012 global revenue of more than $3.9 billion, Jones Lang LaSalle offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. We are an industry leader in property and corporate facility management services, with a portfolio of 2.6 billion square feet worldwide. LaSalle Investment Management, our investment management business, is one of the world’s largest and most diverse in real estate with $47.7 billion of assets under management.

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We provide a full range of services across the globe.

Investor & Occupier Services

In addition to retail, we provide a full range of integrated property, project management and transaction services across the Americas, Europe, Middle East, Africa and Asia Pacific to meet all of our clients needs.

Capital Markets We integrate real estate expertise, corporate finance experience and access to global capital markets to serve the needs of owners and occupiers of real estate around the world.

ConstructionThrough our in-house construction business, we provide everything from construction management and general contracting to design and building services. From simple renovations to complex, ground-up development projects, we help clients meet their complete construction needs.

LeasingWe provide comprehensive leasing services to investors and occupiers on a local, regional and global scale. Whether our clients need to find space or secure tenants, we have the resources and expertise to help them realize their short and long-term strategic goals.

ManagementAs the largest property manager in the world, we manage an extensive range of assets for real estate investors and owners around the world—from third party office buildings and retail shopping centers to owner-occupied buildings and industrial facilities.

Project and Development ServicesWith extensive experience in minimizing risk for our clients, we manage and consult on a wide range of construction projects—from interior build-outs to base building construction and from single properties to multi site developments.

Strategic ConsultingWe combine our leading-edge ideas with our knowledge of industry trends and best practices to identify the optimal solution for each client. This enables clients to maximize real estate value and position their properties to achieve overall business goals. Our team’s expertise is grounded in implementation. This ensures our solutions get results.

Our areas of specialtyWe have practical experience working in all types of commercial real estate, including:

Client TypeCorporationsEducational InstitutionsFinancial InstitutionsGovernment AgenciesHealthcare InstitutionsHigh-Net-Worth IndividualsInvestorsLaw FirmsLife SciencesNot-for-Profits

Asset TypeCall CentersCritical EnvironmentsData CentersHospitalsHotelsIndustrial LandMixed-UseMuseumsOfficeResearch andDevelopment CentersResidential ResortsRetail Shopping CentersSports ArenasTransportation Centers

We offer integrated real estate services in 200 markets.

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We provide a full range of services across the globe.

Europe, Middle East and Africa(32 Countries, 77 Markets)

BelgiumCroatiaCzech RepublicEgyptFinlandFranceGermanyHungaryIrelandIsraelItaly

We offer integrated real estate services in 200 markets.

Key Markets

Jones Lang LaSalle offers clients integrated real estate services through a broad geographic reach that includes 200 key markets in 70 countries.

Americas(8 Countries, 83 Markets)

ArgentinaBrazilCanadaChileColumbiaMexicoPuerto RicoUnited States

KazakhstanLuxembourgMoroccoNetherlandsPolandPortugalRomaniaRussiaSaudi ArabiaSerbiaSlovakia

South AfricaSpainSwedenSwitzerlandTurkeyUkraineUnited Arab EmiratesU.K./EnglandU.K./ScotlandU.K./Wales

New ZealandPhilippinesSingaporeSri LankaTaiwanThailandVietnam

Asia Pacific(15 Countries, 64 Markets)

AustraliaChinaIndiaIndonesiaJapanKoreaMacauMalaysia*

*Services in Malaysia are provided through a strategic alliance with Jones Lang Wootton Malaysia

Corporate offices • Corporate Offices*Services in Malaysia are provided through a strategic alliance with Jones Lang Wootton Malaysia

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For more information, please contact:

As the leading retail service provider, Jones Lang LaSalle successfully manages the largest third-party retail portfolio in the country and provides tenant representation services for retailers throughout the United States. We set the mark for service, innovation and client satisfaction. We make it our business to exceed our clients’ expectations every day.

Greg MaloneyPresident and CEO+1 404 995 6315 [email protected]

Kristin MuellerChief Operating Officer+1 404 995 [email protected]

John LambertRetail Market Lead,Orlando/Florida+1 407 982 [email protected]

Craig KillmanRetail Market Lead,L.A./West Coast+1 858 410 [email protected]

Steve YenserNational Lead, Retail Markets+1 404 995 [email protected]

Kirk HoriuchiRetail Market Lead, Hawaii+1 808 286 [email protected]

Mike LongmoreBusiness Development,East Coast+1 704 804 [email protected]

John BemisRetail Market Lead,Atlanta/Southeast+1 404 995 [email protected]

Lew KornbergNational Lead, Retail Tenant Representation+1 312 228 [email protected]

Geno CoradiniRetail Market Lead,Dallas/Southwest+1 214 438 [email protected]

Retail Intelligence

Retail Services