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1. Who needs Specialty Real Estate’s services?

Both properties with leasable, vacant space available and businesses seeking leasable space needing flexibility in their commitment can use these services. The company also works with developers and property owners on existing short term leasing programs and provides training services for property management employees.



2. What is “specialty leasing”?

Specialty leasing is a discipline within the retail real estate industry that focuses on the short term deal. It is also often referred to as “Pop Up” or “temporary” retail.



3. What are the advantages to a retailer signing a short term lease or agreement for their storefront?

Typically a retailer or space occupant will be given more flexible, below market economic terms as well as a shorter term requirement with this type of agreement. This gives the merchant the opportunity to test a brand, a concept or a particular geographic area before making a larger commitment. It also allows businesses to be open for a short selling season if that is appropriate for their concept. 

 

4. What are the advantages to a landlord signing a short term lease or agreement for their vacant storefront?

The landlord is able to generate income from their vacancy to offset expenses while seeking a longer term deal.



5. How do you find the occupants for my vacancies?

Specialty Real Estate LLC has thousands of existing contacts in the retail industry. When appropriate, certain retailers are contacted to discuss available vacancies. In addition, spaces are marketed individually by canvassing the local market and through strategic internet marketing.



6. Will I have the opportunity to review the concepts and deal economics in advance of a retailer opening at my property?

Of course! It’s your property and Specialty Real Estate LLC prides itself on creating a strategic direction with its clients for their property/ies as soon as a contract is signed. Property owners decide how involved they want to be in the process of identifying and negotiating the right deals for their space.

 

7. We already handle our own short term leasing in house. Can you teach my existing property management staff how to better manage our existing specialty leasing or short term income program?

Yes. Specialty Real Estate LLC is available to customize a training and education program to suit your needs.



8. We already handle our own short term leasing in house. Can we engage Specialty Real Estate LLC to help lease our vacancies but continue to write our own transactions?

Of Course. Specialty Real Estate LLC is able to operate in cooperation with your existing staff. Specific retailers are discussed in advance of contact and responsibility is divided accordingly.



9. We already have a Broker who is responsible for marketing our vacancies. Can we engage Specialty Real Estate LLC to help lease our vacancies for the short term?

Specialty Real Estate LLC’s services are provided to enhance the efforts of your existing brokerage team and will work in a cooperative situation with them.

 

 
 

 

 

 
 

© 2011 Specialty Real Estate LLC