JLL secures property management for 10 prominent retail centers

Miami, Florida - September 18, 2025 - JLL announced today it has been selected to lead on-site property management services for 10 open-air retail centers across Florida and South Carolina, marking a significant milestone in the firm's nationwide growth strategy. The newly added centers, recently acquired by 11North Partners (11North) and Bain Capital Real Estate, collectively span more than one million square feet of gross leasable area with occupancy rates exceeding 93 percent.

The addition of these high-performing properties is part of a broader expansion of JLL's retail property management portfolio, which has grown by 18 new centers in just two months. JLL will oversee on-site management, including operations, marketing, and strategies to enhance property value and tenant engagement.

"These properties represent some of the Southeast's most prominent retail destinations, strategically located in high-growth markets with strong demographics and anchored by top brands that draw consistent consumer traffic," said Kristin Mueller, President of Retail Property Management at JLL. "We're proud to bring JLL's expertise to this portfolio of retail assets, creating value for owners while delivering an elevated experience for tenants and shoppers."

The Florida portfolio includes Sawgrass Square and Plantation Promenade in Fort Lauderdale, Miramar Commons in Miramar, Rolling Oaks in Orlando, Promenade at Poinciana and Solivita Marketplace in Kissimmee, New Tampa Center in Tampa, Lake Worth Plaza in Lake Worth, and Garden Shops at Boca in Boca Raton. In South Carolina, JLL signed Point Hope Commons in Charleston. The retail centers are home to recognizable national brands including Target, Office Depot, Ross, Marshalls, and Dollar Tree.

Each property features a prominent anchor tenant, with many of the centers anchored by the supermarket chain Publix and offers a curated mix of national and regional retailers. Together, these shopping centers serve as essential shopping and dining destinations serving these highly dense neighbourhoods and strengthening JLL's presence in sought-after Southeast markets where population growth and consumer demand continue to drive strong retail performance.

The announcement follows recent additions to JLL's retail management portfolio in markets including Texas, Indiana, Oklahoma, and Mississippi, further solidifying the company's position as a leading manager of top-performing retail centers nationwide and reflecting its continued collaboration with 11North Partners and Bain Capital Real Estate.

"Expanding our portfolio nationally with JLL reflects our shared commitment to delivering long-term value across key retail markets," said Brian Harper, Founder and Managing Partner at 11North Partners. "We look forward to leveraging JLL's management expertise to strengthen these assets and continue delivering results for our investors and communities."