FEDERAL REALTY COMMUNITY SHOPPING CENTER PORTFOLIO
THE POINT
The retail real estate-based companies who will not only survive but thrive in the years and decades to come will be those who have positioned themselves over the last decade for their assets to be the real estate of choice for the widest possible selection of tenants.
Having the best and most well located properties
Flexible formats that can be improved upon through profitable reinvestment
WILLOW LAWNEnhance the experience, the placemaking, the tenant lineup, and the customer service
RICHMOND, VA
Occupancy increased from 92.3% to 98.7% within 36 months of property improvements
$18 million property improvement investment
Tenant canopy & sign improvements
Community space improvements
18K SF Expansion
Net Value Creation = $7.3M
ROCKVILLE, MD BEFORE
Within 12 months of property improvements, four new specialty tenant leases were executed improvements:
Outdoor cafes
General public gathering areas
Canopy Improvements / paint / graphic
POI increased by $550K
Net Value Creation = $11.1M
PHILADELPHIA, PA
2.5 year leasing and property improvement effort. Results:
Old tenants - Papa Johns, Becker School Supplies, East King Buffet, Bare Feet Shoes
New tenants - Ulta, Chipotle, Five Below, Lidl
POI Growth - 5 yr 4.2% CAGR
Investment: $8.5.0M
Physical improvements and leasing capital
Net Value Creation = $9.0M
DAVIE, FL
Investment Capital - $20.9M
Property Improvements
Leasing Capital
Phase II 50K SF expansion (2013-2017)
ROI = 10.1%
Net Value Creation = $55.4M
ARCHITECTURE + AMENITIES + LANDSCAPING = PLACE
STOREFRONTS & SIDEWALKS
PLACEMAKING
SIGNAGE
ARCHITECTURE & LIGHTING
