Cohen Equities Names JLL as Leasing Agent

Rick Spector joins JLL | The Meadows at Lake Saint Louis Leasing Team

St.Louis, April 13, 2016 — Cohen Equities today announced JLL as the leasing agent for its retail asset, The Meadows at Lake Saint Louis. Located west of St. Louis, MO just off of I-70, The Meadows blends shopping with fun as national retailers share space with distinctive merchandise and entertainment. The mixed-use, lifestyle center features more than 30 shops including Von Maur, Bed Bath & Beyond, Nike, Old Navy, Ann Taylor LOFT, Chico’s, Victoria’s Secret, regional restaurants, local eateries and additional small shops.

Additionally, Rick Spector, a veteran St. Louis broker, has joined JLL as Senior Vice President, Retail Brokerage. He will lead The Meadows leasing team along with Peter Caruso, Landlord Representation Brokerage Lead for the Midwest Market. This move provides JLL’s St. Louis office with a strong retail presence.

The Meadows has built up leasing momentum and recently announced several additions to this appealing lifestyle shopping center, including:

  • Lombardo Home Design Studio (Open Now): Personal home designers work closely with new and potential homebuyers to understand their needs and design a home that complements their personal style.
  • Empire Photography (Open Now): Specializing in personalized photo shoots and capturing magical moments of children and families, including newborns and maternity.
  • City Fashion (Coming Soon): Offering a broad selection of affordable designer apparel for fashion conscious men, women and teens.
  • Pinot’s Palette (Coming Soon): An upscale social venue where friends and family gather to paint, drink and have fun. Pinot’s Palette offers an unforgettable evening for a night with friends or to celebrate a special event.

Center fundamentals have been on the rise with strong retailer performance in 2015.  This marks the third consecutive year of impressive growth in overall center sales with many tenants achieving record same-store sales in 2015.   New tenant announcements, continued sales growth and an aggressive marketing and event program will continue through 2016 and beyond. Additionally, Cohen Equities anticipates naming a 3,000 square-foot entertainment venue in the coming weeks that will complement the family fun focus of the property.

“Cohen Equities is delighted to welcome JLL and Rick Spector to our local Saint Louis team. The Meadows at Lake Saint Louis represents an exceptional opportunity for both local and national businesses to join a dynamic mix of entertainment, dining and shopping options,” says Trent Dickey, Head of Leasing for Cohen Equities. “Through community engagement, hands-on management and this exciting new partnership we will continue to build on positive momentum and propel this center to the next level of retail excellence.”

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About Cohen Equities

Cohen Equities is a New York based real estate firm that owns and operates a diverse portfolio of commercial assets across the United States.  Since January 2012, the company has been aggressively expanding its portfolio which now includes more than 40 properties and over 3 million square feet of retail and office space. Led by Meir Cohen, a real estate veteran with more than 30 years of experience, Cohen Equities creates significant value through active management, leasing, and repositioning and by maintaining a focus on intrinsically strong assets.  For additional information on Cohen Equities please visit:  cohenequities.com and for The Meadows at Lake Saint Louis visit: themeadowsatlsl.com.

About JLL

JLL’s Retail Group serves as the industry’s leader in retail real estate services. The firm’s more than 800 dedicated retail experts in the Americas partner with investors and occupiers around the globe to support and shape investment and site selection strategies. JLL is the largest third party retail property manager in the United States with more than 1,000 centers, totaling 125 million square feet under management. The firm has more than 140 retail brokerage experts spanning more than 30 major markets, representing more than 900 retail clients. In 2015, JLL’s Retail Group completed transaction management and portfolio optimization on 1,500+ leases, negotiated 500+ leases for retailers and 1,000+ leases for landlords and completed more than $2.7 billion of investment sales, dispositions and financing for investors.  For more news, videos and research from JLL’s Retail Group please visit: jllretail.com .


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