Making the most of experiential retail
Opportunities in tenant representation and landlord leasing are constantly in flux—and the arrival of experience-oriented operators like Wondershare, Cinergy, The Void and Round 1 is a case in point. Not so long ago, sellers of hard and soft goods were the prime focus of retail tenant reps and landlord leasing teams alike. However, disruptive forces […]
Leasing to Local Tenants
On paper, the idea of leasing space to a national retailer will often seem more attractive than leasing to local tenants. However, locally owned businesses are often the lifeblood of neighborhood and community shopping centers, and therefore extremely valuable to your property. Since local tenants often come to retail centers with no brokerage representation and […]
The Benefits of Sale-Leaseback Transactions
A sale-leaseback is a transaction in which an investor buys a property that is already being owned and operated by someone else. But instead of taking control of the property, the buyer leases it back to the seller under terms and conditions on which they both agree, with the seller becoming the buyer’s tenant. Sale-leasebacks […]