Consulting/Strategic Advisory
Redevelopment Services
Service provided to Landlords, Developers & Tenants to maximize value for their clients.
Consulting/Strategic Advisory Services
Prepare or assist in Strategic Growth Plan including Expansion and Disposition
Samples Of Work
Redner’s Markets
Since 1993, PSR has represented Redner’s Markets, a privately held supermarket company operating in 3 states, with annual supermarket sales over $1 billion and 4,500 employees. We have researched, sourced, and negotiated below market terms and secured over 30 locations.
Since 1993, PSR has represented Redner’s Markets, a privately held supermarket company operating in 3 states, with supermarket sales over $750 million and 4,500 employees. We have researched, sourced, and negotiated below market terms and secured over 30 locations.
Buffalo Wild Wings
Engaged by the owner, Duke Properties, on 2 real estate locations in Delaware to maximize profits.
Scope of work and presentation: To analyze the trade areas and their real estate locations leased to Buffalo Wild Wings within the trade areas to determine a recommended course of action for Duke Properties. PSR reviewed and presented which course of action was best for the owner for both locations based on their tolerance for risk and reward. Trade aerials were prepared and were part of the report for them to better understand the areas and their real estate within the trade areas. The conclusion was for Duke Properties to sell the real estate and PSR handled the negotiations on behalf of Duke and secured the best-selling prices to maximize their profits.
Engaged by the owner, Duke Properties, on 2 real estate locations in Delaware to maximize profits.
Scope of work and presentation: To analyze the trade areas and their real estate locations leased to Buffalo Wild Wings within the trade areas to determine a recommended course of action for Duke Properties. PSR reviewed and presented which course of action was best for the owner for both locations based on their tolerance for risk and reward. Trade aerials were prepared and were part of the report for them to better understand the areas and their real estate within the trade areas. The conclusion was for Duke Properties to sell the real estate and PSR handled the negotiations on behalf of them and secured the best-selling prices to maximize their profits.
Supermarket anchor consulting – Proposed Shopping Center
- Advised the owner/developer on the best path forward with potential supermarket prospects Weis and Food Lion.
- Redeveloping former Kmart building. Secured Lomax Carpet & Tile, Aldi, Chipotle & Starbucks.
Ground-Up Development, Value-Add
Acquisitions/Redevelopment, And Adaptive Reuse Solutions
Optimal Use & Value
- Prepare redevelopment plans including leasing brochure for existing property owner
- Identify, negotiate & secure redevelopment opportunities for clients and then prepare a redevelopment plan including leasing brochure
- Identify and market to potential tenants
- Procurement of land development entitlements and government approvals
- Construction permits
- Pro-forma & project financing
- Acquisitions, repositions, & dispositions
Sample Of Work
Acquisition & Redevelopment of Kmart property – Caln Twp, PA
- Identified, sourced, & negotiated the LOI for acquisition for the client
- Secured acquisition at below market purchase price
- Retained as project developer to redevelop the vacant Kmart property
- Reviewed & provided the optimal way to redevelop the property and the potential tenants for the property
- Designed a plan to add 2 pad sites in the parking lot and selected the best tenants for the former Kmart building and proposed pad sites
- Secured tenants for 100% of the redevelopment
- Negotiated the terms on behalf of client with Lomax Carpet & Tile, Aldi, Chipotle and Starbucks
- Assembled the best team, including but not limited to, the land use attorney, civil & traffic engineers, & general contractor to take the proposed redevelopment through the approval process
- Obtained conditional use approval for the entire redevelopment site including the proposed 2 pads and now moving forward to obtain land development approvals and building permits
Acquisition & Redevelopment of Toys R Us/Office Depot Property – Mays Landing, NJ
- Identified, sourced, & negotiated the LOI for acquisition for the client
- Secured superior pricing terms
- Retained to prepare leasing brochure & lease the vacant Office Depot space
- Retained to design development plan for the adjacent land and now marketing the expansion area.