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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.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

