Mixed-Use Forensic Analysis
The property consists of 190,000 rsf, seven-building multitenant mixed-use lifestyle center.
Evaluated the property’s market position through an analysis of are demographics, retail and office space demand/supply trends, retail and office competition. Assessed the overall site, tenant mix, tenant turnover, leasing activity and recent rental rates; and performed a detailed financial analysis.
RESULT: RECI provided recommendations on hours of operation; suggestions to implement a cohesive shopping center marketing program, modifying the circulation of vehicular traffic and updating the shopping center’s website.
Bespoke REA Partner