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JLL Focuses on Southwest Retail

LOS ANGELES—Following the recent purchase of Wilson Retail Group, JLL's Peter Belisle explains the firm's strategic and long-term focus on the retail sector, GlobeSt.com reports in this UPDATE to a previous story.

By Kelsi Maree Borland | Updated on May 13, 2015

LOS ANGELES—JLL is investing long-term in the retail market. In an earlier story, GlobeSt.com reported that the leading brokerage firm acquired Wilson Retail Group, a leading retail agency-leasing firm in the Southern California region. JLL purchased the firm as part of a strategic move to focus more on the retail market, especially in the Southwestern region.

“This is one of our key strategic growth mandates across the country and in particular in this region,” Peter Belisle, market director for JLL’s Southwest region, tells GlobeSt.com. “We currently are doing retail, but not at the scale that we want to and not at the scale that our client base is looking for; so, having the leadership of Chris and Scott to both work with and grow our existing client base is a great fit.” Wilson Retail Group founder and principal Chris Wilson and president Scott Burns will join JLL as market leaders—Wilson for the Southwest region and Burns for Los Angeles—and both will report to Belisle. 

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