Throughout twenty years on the helm, Greg Maloney vastly expanded the agency’s retail property administration, capital markets and brokerage companies.
Greg Maloney, president & CEO of retail at JLL, will retire on Dec. 31, after a 45-year profession within the business. Kristin Mueller, present COO of JLL’s property administration platform, will succeed Maloney as president of retail property administration.
Maloney, who has been with JLL since its formation in 1999, oversees all elements of the corporate’s retail enterprise, together with leasing, advertising and marketing, improvement, consulting companies and tenant illustration. He additionally serves as chairman of JLL’s international and Americas retail boards.
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Underneath Maloney’s management, JLL’s retail enterprise has advanced to fulfill altering investor wants and buying preferences. After changing into president & CEO in 2002, Maloney remodeled JLL’s retail portfolio from a principally mall-managed enterprise. When he started, 20 malls have been beneath administration. The portfolio now contains greater than 500 malls, way of life facilities and open-air facilities. He additionally expanded each the retail capital markets and retail brokerage companies.
New management
“I’ve been within the retail enterprise for the final 45 years and have led JLL’s retail property administration enterprise for over 20 years, so it’s time to welcome new concepts and a brand new chief,” Maloney instructed Business Property Govt. “I’m thrilled that my longtime companion Kristin Mueller can be taking this place. She is an distinctive chief and I’m assured that I’m leaving our shoppers, business and staff in nice fingers.”
In her new function, Mueller will work alongside Naveen Jaggi, president of JLL’s Retail Advisory Companies. They’ll oversee progress for brand new companies, administration, leasing and consumer satisfaction. Earlier than changing into COO, Mueller labored on Retail Property Administration for greater than 20 years and progressed by way of roles together with normal supervisor, regional supervisor and lead of enterprise improvement.