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Site
Evaluation
Strategic
Retail Advisors can assist in the evaluation of land for its development
potential. That evaluation includes, but is not limited to, ingress and
egress issues, zoning, and traffic analysis. We also provide in-depth
competitive analysis, including retailer placement within the given trade
area and a comprehensive demographic analysis.
Financial
Analysis
Once a site
is determined to be a viable development opportunity, we provide financial
models for different types of potential developments. We utilize information
regarding development fees and use our comp database as the foundation
for our financial proformas.
Site
Planning
Strategic
Retail Advisors has relationships with many architectural firms. We can
recommend experienced architects, depending on the product type, to work
with the developer in developing a leasable site plan. We ensure that
a plan works for the tenancy desired to maintain long-term occupancy.
Merchandising
Mix
Once a site
plan is ready for submittal to the retailer community, Strategic Retail
Advisors develops the desired tenant mix. This enables the developer to
maximize his rents and, just as importantly, the retailer to maximize
sales, ensuring long-term viability for both parties. With our experience,
a desired merchandising plan can be developed for properties ranging from
neighborhood shopping centers to entertainment centers.
Leasing
and Operations
Strategic
Retail Advisors will aggressively market the center with speed and conviction.
It is important that meaningful Letters of Intent are created covering
important lease issues. This ensures the developer that deal point issues
are not re-negotiated once a lease draft has been crafted. We also assist
in setting CAM budgets and developing appropriate CC&R's. SRA has strategic
alliances with several property management firms to assist the developer
in planning the operational phase of the project once it is leased and
constructed.
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