REAL ESTATE

Jones Lang LaSalle expands retail services in Florida

BY Staff Writer

Miami — Jones Lang LaSalle is enhancing the retail services it offers by adding boots on the ground in select local markets across the country, beginning with Florida. The firm will intensify its resources at the local level, leveraging its retail tenant solutions (RTS) capabilities – formerly known as Corporate Retail Solutions – to provide local market retail tenant representation services.

Effective immediately, John Lambert, who is based in Orlando, will assume oversight of the firm’s retail business throughout Florida, reporting directly to Steve Yenser, national director of retail markets.

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REAL ESTATE

Ross Stores makes executive appointment in real estate

BY Marianne Wilson

Pleasanton, Calif. — Ross Stores announced that Glen Boyer, previously VP real estate market research, has been named group VP real estate market research & property management.

Glen joined Ross in April 1999 as senior real estate analyst. Since his hire, Glen has been instrumental in the rollout of 886 Ross Dress for Less and dd’s Discounts stores. He has played a significant role in successfully executing the company’s growth strategy over the past 13 years as we have grown to more than 1,150 Ross Dress for Less and dd’s Discounts locations combined.

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Starbucks ramping up expansion in China

BY Staff Writer

New York — Starbucks Coffee Co. is planning to a major push into smaller cities in China, with a target of 1,500 stores in more than 70 Chinese cities by 2015, Bloomberg reported.

China will become the chain’s second largest market outside the United States, the report said. Currently, Starbucks has about 500 outlets in China and operates in 48 cities.

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