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Katy Figg | Colliers | Jacksonville

Katy Figg

Vice President

Sumner-Figg Team

Katy Figg and Nancy Sumner, Senior Directors of Colliers Northeast Florida, are consistent in providing real results for their clients with their dynamic approach to Landlord representation. Katy and Nancy are the sole retail brokerage team in the region exclusively dedicated to Landlord leasing, supported by a multi-faceted international firm that offers a range of services to benefit their diverse portfolio.

The team’s concentration in this niche provides their clients with invaluable resources and unparalleled expertise.  Their experience extends to engaging across all phases of ground-up, mixed-use retail, and redevelopment projects. Katy and Nancy’s portfolio of 2.5 million square feet consists of grocery anchored and power centers, boutique retail, and mixed use developments. The team has a comprehensive approach to marketing a project, including an in-depth understanding of the trade area and competition, creating a an intentional merchandising plan to deliver the highest and best uses that incentivize cross- shopping between retailers, and developing strategic target list using void analysis, retail marketplace profiles, along with several other Colliers resources.

Katy and Nancy continue to grow their revenue along with their portfolio year over year; in 2021 the team closed 56 deals with a transaction total of over $31m, with over 113,000 square feet leased and over 212 acres sold. Both Nancy and Katy have been active members of ICSC for over 15 years, are consistently named Costar Power Brokers, and have provided their expertise in a number of media articles focused on commercial real estate in North Florida. 


 

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About Me

Sumner-Figg Team

Katy Figg and Nancy Sumner, Senior Directors of Colliers Northeast Florida, are consistent in providing real results for their clients with their dynamic approach to Landlord representation. Katy and Nancy are the sole retail brokerage team in the region exclusively dedicated to Landlord leasing, supported by a multi-faceted international firm that offers a range of services to benefit their diverse portfolio.

The team’s concentration in this niche provides their clients with invaluable resources and unparalleled expertise.  Their experience extends to engaging across all phases of ground-up, mixed-use retail, and redevelopment projects. Katy and Nancy’s portfolio of 2.5 million square feet consists of grocery anchored and power centers, boutique retail, and mixed use developments. The team has a comprehensive approach to marketing a project, including an in-depth understanding of the trade area and competition, creating a an intentional merchandising plan to deliver the highest and best uses that incentivize cross- shopping between retailers, and developing strategic target list using void analysis, retail marketplace profiles, along with several other Colliers resources.

Katy and Nancy continue to grow their revenue along with their portfolio year over year; in 2021 the team closed 56 deals with a transaction total of over $31m, with over 113,000 square feet leased and over 212 acres sold. Both Nancy and Katy have been active members of ICSC for over 15 years, are consistently named Costar Power Brokers, and have provided their expertise in a number of media articles focused on commercial real estate in North Florida. 


 

In 2016 Katy was named as one of Jacksonville Business Journal's 40 Under 40, which  honors 40 of the city's up-and-coming leaders under the age of 40.   She was also named a Costar Power Broker in 2019, 2020, and 2021.  

Property Type

Land, Retail

Services

Landlord Representation

Education

From 2002 to 2006, Katy attended the University of South Carolina, where she focused on a Marketing, Journalism and PR degree. 

Katy served as the Public Relations Student Society of America (PRSSA) President from 2005- 2006. The program seeks to advance the public relations profession by nurturing generations of future professionals. They advocate rigorous academic standards for public relations education, the highest ethical principles and diversity in the profession.

Katy was also an active member of Kappa Delta Sorority from 2002-2005 and was involved in philathropic efforts to support domestic abuse and child abuse victims.

In 2006 she spent the summer in Ortigia, Sicilty and studied Italian Language and Culture at the Mediterranean Center for Arts and Sciences.  

Memberships & Involvements

  • Member of the International Council of Shopping Centers since 2008
  • Next Generation Committee of North Florida from 2014-2018  

“Nancy and Katy are a pleasure to work with and constantly go above and beyond in their work. They are thoughtful, knowledgeable and well informed, which all them to add value to every project they are a part of.”    Sam Payette, Director | Acadia Realty Trust

“Nancy and Katy take ownership of all aspects of leasing/marketing/ merchandising. They are hard working, dedicated, knowledgeable about markets and market trends. Nancy and Katy are as good as it gets when it comes to Third Party Brokers.”   John Thirkell, VP of Leasing | Site Centers

“Nancy and Katy are fantastic to work with. Knowledgeable, hardworking, creative, and their follow up is second to none. Their involvement adds value to any project."   Ryan Joyce, Regional Director | Kite Realty Group

“Nancy and Katy are some of the top leasing brokers on our portfolio. They constantly put in 110% and deliver results; effective, efficient, and hard working are just a few words that come to mind."   Alexander M. Gordon, Director | CTO Realty Growth

“I have worked with Nancy Sumner and Katy Figg on multiple projects and have found them to be incredibly professional, extremely thorough, and literally relentless in pursuit of their goals. The are also a genuine pleasure to work with.”    Michael Balanky, Principal | Chase Properties, Inc.

18
Years of Industry Experience

How I can help

Landlord Representation

Our Landlord Representation experts will provide you with a range of services, including assessing similar properties in your marketplace, targeting and attracting potential tenants, finding and signing leases with the right clients and minimizing your risk with thoughtful leases.

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Strategic Advisory540x540

Featured Research

Jul 9, 2021

Q2 2021 Jacksonville Retail Market Report

Jacksonville’s retail market today is much stronger than one might think possible given we are still recovering from the pandemic. Leasing interest is strong, and tours are frequent. Unfortunately for those interested in purchasing or leasing a building, inventory is extremely limited. During the depths of the pandemic, most landlords elected to work with tenants, providing them the relief they needed to survive. Today, most of those tenants remain in place, operating under modified lease agreements. That said, tenant sales volumes have still not completely recovered, which means landlords do not have as much pricing power as they typically would in this tight of a market. Construction costs are also making it challenging for buildout intense uses to make sense of new locations. For this reason, second generation spaces – particularly restaurants – are in very high demand.
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Mar 30, 2021

Q1 2021 Jacksonville Retail Market Report

Despite some persistent challenges related to the pandemic, Jacksonville’s retail market is gaining momentum. Well capitalized operators are actively searching for new sites across nearly all categories including quick service restaurants, automotive, gas, and even boutique fitness among others.
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Jan 13, 2021

2020 Q4 Northeast Florida Retail Market Report

While challenging for most of 2020, Jacksonville’s retail market is showing signs of life that bely the headline numbers. It is true that many retailers have failed as a result of shutdowns and vacancy is increasing rapidly. Today, headline vacancy stands at 5.2% - an increase of 50 bps since 1Q but far from alarmingly high. Market rent has been flat for most of the year and is showing signs of retracing some of this cycle’s gains.
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Featured News

Mar 8, 2021

CoStar names Colliers' Jacksonville office and several associates as Top Deal Makers

Colliers was recognized as a Top Leasing and Sales Firm in the Jacksonville, FL MSA. Robert Selton, Matthew Clark, Nancy Sumner and Katy Figg are also being recognized as 2020 CoStar Power Brokers.
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Katy Figg | Colliers | Jacksonville

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