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Naveen Jaggi

NEW ORLEANS, LA–Here’s a stat that will make landlords think twice about the type of restaurant they bring to their mall: They can capture 12% more sales revenue and 35 extra minutes of time in the mall from people who stop and eat versus people who don’t, according to Naveen Jaggi, president of Retail Advisory Services for JLL. “That’s a pretty big chunk of time and money when you compound it over thousands of shoppers,” he says.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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