Retail properties require high curb appeal. Retail tenants need high foot-traffic to boost visitors and sales. Most retail leases have triple-net lease structures whereby the landlord is responsible for completing common area maintenance (CAM), and tenants reimburse their proportionate shares.
In many ways, retail landlords and their tenants are in partnership together as both parties benefit from a prosperous retail center. Retail properties require a unique property management philosophy as compared to other commercial property types.
Trimark has managed many retail properties over several decades. We understand them and how to successfully operate them. Trimark has strategies and tactics in place to achieve better and effective results.