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JLL Bets Real Estate’s Future Will Involve Remaking Stores Into Distribution Space

New Task Force to Examine Costs, Best Uses for Properties
JLL has launched a task force focused on repurposing retail space into industrial uses as e-commerce sales grow. (JLL)
JLL has launched a task force focused on repurposing retail space into industrial uses as e-commerce sales grow. (JLL)
By Jennifer Waters
CoStar News
September 22, 2020 | 11:28 P.M.

The rapidly changing use of retail space in the pandemic is spurring real estate services firm JLL to roll out a team to take on what it's betting will be a major industry need: shopping center repurposing.

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