Landlord Representation
Charter Realty & Development Corp. has grown its third party exclusive leasing business through the principle that the properties it represents will be treated as their own. With an eye toward value creation, Charter continually seeks to strengthen tenant mix while solidifying a property’s economic stability. These goals are achieved via the following methods:
- Maintain day-to-day contacts and personal relationships, with the decision-makers at key industry chain stores;
- Canvassing the local trade area to identify gaps for growth oriented retailers relocation opportunities for the areas existing store base, and to verify shopping patterns of the customers for the property;
- Analyzing existing lease documents to understand where antiquated development restrictions exist which may be lifted in the current shopping center environment;
- Repositioning of existing successful tenants via expanding them in place or relocation them into their current prototypical formats
- Understanding industry trends and growth oriented retailers who will maximize foot-traffic in the appropriate demographic environment;
- Maintaining an up-to-date retailer database utilizing the latest technology facilitating mass e-mailing to targeted tenants.