Commercial real estate firm Jones Lang LaSalle Inc. said David Zoba has joined the company as chairman of its Global Retail Leasing Board, effective immediately. Zoba previously served as senior vice president of global real estate and store development at Gap Inc.
Zoba has been at Gap since 2009, and held previous positions at Galyan’s Trading Co. Inc. and L Brands as well as at Hughes & Luce LLP and Cravath, Swaine & Moore LLP.
JLL’s global leasing board was created in 2012 “to strengthen the firm’s international retail service delivery,” the company said. Zoba’s role aims to align the company’s Asia-Pacific, Europe and Americas retail “market experts” while advising “growing brands entering foreign markets and connect them with retail’s top landlords in North America, Europe and Asia,” the company said, adding that Zoba’s experience will be “instrumental in educating JLL’s client base on the nuances and hurdles of site selection, the construction process, lease terms, and the variances in legal regulations around the world.”
Anuj Puri, head of global retail leasing and chairman and country head of JLL India, said that “international expansion is playing a bigger role in the success of today’s retailers that are facing intensified competition to remain innovative, relevant and profitable.”
“Retail is a local business, heavily influenced by macro forces,” Puri explained. “We’re breaking down barriers that once halted retailers from expanding into markets outside of their home countries.”
JLL is in 30 markets and has 670 retail clients. The company’s retail portfolio includes 620 centers comprised of 83.5 million square feet under management that includes regional malls, “lifestyle centers,” grocery-anchored sites and mixed-use properties, among others.