Retail Space For Lease – Filling Retail Vacancies Strategically — Merchandising….. if you can

Do you have retail space for lease?  Higher-end retail developments know that merchandising is one of the keys to a successful and viable project.  With occupancies at all time highs this, approach is now being applied to existing projects and new project that were traditionally more driven to fill space with a warm body with less emphasis on the business.

A recent article in GlobeStreet discusses this trend.

http://www.globest.com/news/12_1099/national/retail/Merchandising-Has-Replaced-Filling-Space-357423-1.html?ET=globest%3Ae46275%3A856414a%3A&st=email&s=&cmp=gst%3ARetail_20150429%3Aeditorial&zkPrintable=1&nopagination=1

During the recent recession, putting warm bodies in vacant space became more important than the business the tenant was in.  Now that the supply of space in the retail market has tightened it will be a little easier for owners to be more selective.  Although there is available space is precious, tenants are also being more selective having learned valuable lessons over the past seven years.

Having a complimentary retail tenant mix creates a more valuable and viable development.  This becomes more evident in a soft market

The retail specialists at PIER Commercial Real Estate Brokerage, LLC have formed strong relationships with retailers and with regional and national brokers that specialize in retail real estate.  Our experience and relationships in retail real estate allow us to successfully formulate and deliver merchandising plans.

Please contact us today at 912-353-7707 or by email at info@piercommercial.com for more information.

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