JLL Brokers $20.5M Sale of Shopping Center in Hilliard, Ohio
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. 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
- Disclosed retail deal value tracked in October 2026: $6.8B across 62 reported transactions. All Retail coverage →
- 195 stories mentioning JLL on the wire in the past 90 days. JLL coverage →
Computed from Real Estate Trail’s own tracked coverage
HILLIARD, OHIO — JLL Capital Markets has brokered the $20.5 million sale of Hilliard Rome Commons, a 106,922-square-foot power center in the Columbus suburb of Hilliard. Michael Nieder and Brian Page of JLL represente…
External link. Real Estate Trail does not republish source content.
Related coverage — Retail
Warehouse club to anchor proposed $150M Bryant shopping center
Ex-Cushman retail-leasing exec to head property at Swatch Group
Paris Baguette Coming to Morris Hills Shopping Center
Rural King superstore to revive Waynesboro shopping center
AXIS-Y to Open Second Cheongdam Headquarters in May 2027
Within three years of moving into its current headquarters, the Korean beauty brand has acquired a second building, adding research, creative and retail space, and a workplace designed for the international team behin…