CHARLOTTE, N.C., Jan. 29, 2015 /PRNewswire/ –– KURE Corp (“KURE”) today announced that it has retained JLLwww.jll.com, the largest third-party manager of retail real estate in the United States, to provide project management services and strategic consultation on site selection and development of KURE Vaporium & Lounge locations across the United States.
“Having JLL advise the KURE team is yet another validation of our firm’s growth strategy and corporate vision, which is to become the leading brand and an industry trailblazer in the explosive growth of the e-cigarette and vaping market. We are already experiencing the benefits that JLL’s global platform brings, as evidenced by the approval of construction on a KURE store in a $14 billion National REIT’s AAA space,” said Dave Peterson, CEO of KURE.
Currently, KURE has eight Vaporium & Lounge locations in the Carolinas and Florida that are areas under various stages of development and construction, all scheduled for completion by the summer of 2015.
“KURE stores fill the gap in the ‘vape shop’ market by offering a unique space for products that have a growing consumer base,” said Charlie Owens, Vice President of JLL leading the site selection process. “KURE is a successful operator, and now is the right time for the firm to expand. We are thrilled to facilitate an expected 100 store roll-out throughout key U.S. cities.”
“We believe KURE is executing on its business plan very well. They have a great group of people that’s certainly not new to startups and building businesses. KURE’s US retail expansion plans are definitely ambitious, but with the positive long-term outlook of this industry, we believe the demand is only going to continue to grow significantly. Partners like JLL will not only help KURE’s positioning in the retail market place but add extreme value on how this expansion is carried out strategically and efficiently,” comments Martin Sumichrast, Chairman of Level Brands Inc and a Director of Kure.