Restructuring Services
Lease restructuring services for healthy to distressed clients to optimize retail, restaurant, office, and industrial portfolios.
Our Services
There are six key areas where Restructuring Services can assist clients in optimizing their portfolio:
Lease terminations
Negotiate favorable buyouts and shortened lease expiries to end lease liabilities.
Rent reductions and restructures
Obtain rent reductions for struggling locations and negotiate extensions in exchange for savings at profitable locations.
Renewals
Negotiate favorable lease renewal terms and options.
Remodel capital
Obtain landlord capital contributions to remodel locations.
Portfolio assessment and strategy
Analyze and agree on optimal national store footprint: fix, maintain, or exit.
Bankruptcy restructuring
Develop and implement plans to reduce risk of bankruptcy or accelerate restructuring via Chapter 11 or Article 9 filing.
$19.5 Billion
In client liabilities have been restructured since 1993
17
Full-time restructuring negotiators, the largest team in North America
500+
Public and private companies have benefited from our services
Our Differentiators
Industries and Sectors
JLL Restructuring Services specializes in real estate lease restructuring for leading companies nationwide. A seasoned team of restructure experts will analyze lease data, negotiate lower lease costs, or lease terminations and get new remodel capital from landlords.
Entertainment
Achieved savings of over $600 Million
- Alamo Draft House
- AMC
- B&B Theatres / Dickson Theatres
- Block Buster
- Carmike
- Regal
- Tower Records
- Westar
- And many more…
Grocery
Achieved savings of over $1 Billion
- A&P
- Albertsons
- Fleming
- Fresh & Easy
- Haggen
- Price Chopper
- United Grocers
- Wild Oaks
- And many more…
Healthcare, Beauty, and Fitness
Achieved savings of over $1.8 Billion
- Bally
- Beauty Brands
- Exhale Spa
- Interdent
- Orange Theory
- Planet Fitness
- Regis
- Spectrum Clubs
- United Healthcare
- US Fitness
- Walgreens
- And many more…
Banking and Education
Achieved savings of over $200 Million
- Follett
- HSBC
- JP Morgan Chase
- Kindercare
- La Petite Academy
- And many more…
General Retail
Achieved savings of over $2 Billion
- 7-Eleven
- 99 Cents Only
- Advance Auto Parts
- Art Van Furniture
- Bassett Furniture
- Michaels
- Neiman Marcus
- OfficeMax
- Pandora
- Party City
- Pep Boys
- Petsmart
- Sears Hometown
- Shopko
- Ted Baker
- Tractor Supply
- And many more…
Wireless
Achieved savings of over $300 Million
- Sprint
- US Cellular
- Verizon (Authorized Dealers)
- Wireless Cellular
- And many more…
Life in the restaurant business has become increasingly challenging and we are seeing a growing openness among our clients to pursuing four different strategies to increase profitability and cash flow: Getting landlords to fund store remodels, terminating unprofitable locations, negotiating rent reductions for marginal locations and handling lease renewals in a cost-effective manner.
Fast casual and QSR
Achieved savings of over $2 Billion
- Boston Market
- Caribou Coffee
- Chipotle
- Einstein Bro. Bagels
- Peets Coffee
- Taco Bueno
- Teavana
- Uno’s
- And many more…
Casual and Fine Dining
Achieved savings of over $1.5 Billion
- Applebee’s (franchisees)
- California Pizza Kitchen
- Chili’s / Maggiano’s
- Hard Rock Cafe
- Macaroni Grill
- Outback (Franchisees)
- Ruby Tuesdays
- Round Table Pizza (Corporate & Franchisees)
- Steak n Shake
- Yard House
- And many more…
Many companies are moving to a hybrid work model that requires less office space. JLL Restructuring Services can help make the transition and significantly reduce your office lease costs and your constantly changing industrial / distribution space needs.
Achieved savings of over $300 Million
- Acosta
- Advance Auto Parts
- Advantage Solutions
- Amtex
- Beautiful!
- Chobani
- Garden Ridge
- Gopuff
- And many more…
Our Chapter 11 planning and implementation services focus on one goal – to help our clients gain and hold on to the full advantages of this restructuring option throughout the entire process. We work to ensure that clients remain in a position of strength, no matter how challenging their beginning financial position may be. One of our unique strengths is also helping clients avoid bankruptcy through an extensive restructuring.
Bankruptcy or Bankruptcy Avoidance
Achieved savings of over $2 Billion
- AMC Theaters
- Applebee’s (Franchisees)
- Boston Market
- Buffets
- Fresh & Easy
- Garden Ridge
- Haggen
- Houlihan’s
- Lowes Cineplex
- Pillowtex
- Pizzeria Uno
- Sizzler
- Taco Bueno
- US Fitness
- And many more…
Case Studies
Insights
Three Ways to Restructure your Lease
Restructuring your leases can make a material impact on your bottom line and get you back to or help keep you in a strong financial position.
Time to Restructure or Rethink?
Top 5 ways retail restructuring can change the landscape
Ask Tom Mullaney anything on store closures
The intersection of the growth in e-commerce combined with a growth in same-day shipping has led to a tipping point in American retailing in many segments.
Client Testimonials
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Chipotle
-
Philz Coffee
-
T-Mobile
Chipotle
JLL has been stellar to work and partner with on our restructure and renewal program. They are a great team that takes a strong ownership role.
Jerry Williams, Senior Director, RE Strategy, Chipotle
Philz Coffee
JLL has been a tremendous asset to Philz in managing parts of our real estate portfolio. They are highly professional, thorough, responsive and delivered results that exceeded our high expectations.
Mahesh Sadarangani, CEO Philz Coffee
T-Mobile
We engaged the JLL Restructuring team to help us optimize our existing portfolio of retail stores in a major urban market. Their experience and professional approach resulted in millions of dollars of savings for T-Mobile.
Dave Plunkett, Sr. Director, Retail Store Development and Planning, T-Mobile
