a full service, integrated Commercial real estate organization that delivers results

  
Celerity Center Management
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  • More
    • Home
    • About
      • TEAM
      • NEWS
      • Case Studies
    • SERVICES
      • ASSET MANAGEMENT
      • RECEIVERSHIP SERVICES
      • LEASING
      • MANAGEMENT|MARKETING
      • DEVELOPMENT|CONSTRUCTION
      • FINANCIAL REPORTING
    • Contact Us
    • PROJECTS
      • MANAGED PROPERTIES
      • NON RETAIL
  
Celerity Center Management
  • Home
  • About
  • SERVICES
  • Contact Us
  • PROJECTS

Improving Property Performance and Values

  



Case Studies

·Traffic and Sales Increases from Special Events and Exceptional Leasing

Horizon increased retailer sales 45% at a center acquired in central Wisconsin.  Traffic and sales increases were achieved through bringing special events and better marketing to the property and adding Nike, Under Armour, Coach, North Face, Columbia, Brooks Brothers and Michael Kors providing better brands to enhance the shoppers’ experience.

· Exponential Sales Growth from Major Expansion and Better Target Marketing 

Took over management and leasing of a floundering central California 139,000 square foot center. Expanded the outdoor mall by 90,000 square feet and a theater, with new tenants, including Calvin Klein, Nike, Tommy Hilfiger, Banana Republic and Eddie Bauer to increase center sales from $150 to $350 per square foot in five years.

· Quick Turnaround Sale Via Renovation and Reimaging 

Acquired and rebranded a southeast Georgia center implementing an extensive redevelopment that included demolition of 30,000 square feet for better visibility and parking access, architectural and signage enhancements, renaming and new marketing strategy.  These efforts significantly improved the center’s sales performance providing the owner an expeditious sale of this asset at substantial premium over the purchase price.

· Value Creation Attributable To Aggressive Leasing

Improved a fledgling Western Michigan power center by leasing over 100,000 square feet of vacancies leading to a $7 million (44%) market value increase in a sale to a national REIT. These actions made the market attractive to other national developers that acquired surrounding land and development rights for an enclosed mall and power center for $4.5 million. 

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