JLL has entered into a mixed-use development and management strategic partnership with Poag Shopping Centers.
Poag will provide development and redevelopment services for JLL-managed centers across the United States, while JLL will provide management and operational services to Poag’s 10 high-end, open-air lifestyle centers.
Poag and its predecessors have developed, managed or leased more than 30 lifestyle centers, totaling more than 8 million square feet, including Saddle Creek (its original lifestyle center), Town Center Plaza, Aspen Grove and the Promenade Shops at Briargate. In addition, Poag worked with Elvis Presley Enterprises to redevelop the Graceland campus in its hometown of Memphis.
Through the strategic partnership, Poag will partner with JLL on its existing pipeline of redevelopment work and intends to grow this platform as more malls and open-air centers strive to adapt. In addition, Poag will work with JLL to answer RFPs for large, complex,