JLL Arranges Krispy Kreme Leases as Brand Grows Tri-State Presence
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. New York continues to bifurcate sharply: trophy office leasing at record rents, commodity Class B in conversion discussions or court-supervised processes. Rent-stabilized multifamily remains supply-constrained and tightly held. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 144th New York story tracked on the wire in October 2026. All New York coverage →
- Disclosed retail deal value tracked in October 2026: $6.6B across 59 reported transactions. All Retail coverage →
- 192 stories mentioning JLL on the wire in the past 90 days. JLL coverage →
Computed from Real Estate Trail’s own tracked coverage
JLL has secured three retail leases totaling 3,250 square feet on behalf of Krispy Kreme across New Jersey and New York, part of the doughnut brand’s continued expansion throughout the New York metropolitan area…
External link. Real Estate Trail does not republish source content.
Related coverage — New York · Retail
Union Investment Sells Meatpacking District Retail Condo for $27M
A high-profile retail space in Manhattan’s Meatpacking District has traded. Union Investment Real Estate , a Germany-based real estate investment manager, sold a retail condo unit at the base of the mixed-use 415 West…
PNC Bank Inks 4K-SF Retail Lease at 312 West 43rd Street
Residents at the Ellery , a mixed-use residential development in Manhattan’s Hell’s Kitchen neighborhood, are getting another retailer at the base of their 33-story home. PNC Bank has signed a 3,500-square-foot retail…
Bath & Body Works to Open 9K-SF Store in Flatiron District
Bath & Body Works is opening a new store in Manhattan’s Flatiron District. The soap and scented lotion purveyor has signed a lease to take over the entire nearly 9,000-square-foot retail portion of 129 Fifth Avenue ,…
Rent Freeze and Fulton Street Development Dominate Brooklyn Panel Discussions
Brooklyn was the only topic at a Thursday event that investment sales brokerage TerraCRG sponsored, with Mayor Zohran Mamdani ’s rent freeze and a retail revival on Fulton Street the topics of the day. The Only Brookl…
JLL Negotiates $31M Sale of Brooklyn Mixed-Use Property
NEW YORK CITY — JLL has negotiated the $31 million sale of Kingswood Center, a 226,130-square-foot mixed-use property in Brooklyn’s Midwood neighborhood. Kingswood Center is a three-story building that includes retail…
Bravo Capital Now Financing Build-to-Rent Communities Under New HUD Guidance
HUD Mortgagee Letter 2026-12 opens the 221(d)(4) and 223(f) programs to communities of detached single-family homes, duplexes, and triplexes NEW YORK, Oct. 15, 2026 /PRNewswire/ -- Bravo Capital, a leading privately h…