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New York & Tri-State  + New York  + Retail  | 

JLL Tapped for Toys ‘R’ Us Portfolio Assignment

New York-based Raider Hill Advisors retained JLL to handle retail management, facility management, tenant coordination, construction, accounting and real estate tax services for the retail properties in the Toys ‘R’ Us Property Company I, LLC (Propco I) portfolio. This assignment adds 13.4 million square feet of retail space at roughly 275 properties across 46 states to JLL’s retail management portfolio.

The portfolio includes former Toys ‘R’ Us and Babies ‘R’ Us retail properties, including building leases, ground leases, and fee simple owned buildings.

JLL’s Greg Maloney says, “We’re excited to take on this unique opportunity and partner with Raider Hill to manage their TRU portfolio. As the largest third-party retail property manager in the U.S., we are uniquely positioned to support Raider Hill Advisors on their operational ambitions, tenant relationship building program, and the identification of future value enhancing opportunities.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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