🚀 go-pugleaf

IF YOU HAVE PROBLEMED PROPERTIES...TRY
                    ALTERNATE USES..ITS TIME HAS COME

            "Over retailed & Over Developed", common phrases the retail
            real estate industry keeps hearing. The vast majority of
            retail space can be released to normal/conventional
            retailers when the space goes vacant for whatever reason or
            the tenant decides to go dark and attempt to sublease on
            their own..  While there is no precise national vacancy
            figures available, the best guestimates are that there is
            over 280,0000,000  VACANT retail space in the nations 32,000
            shopping centers. BUT probably 25% of all vacant space
            should not or can not be released as retail..so what are you
            to do?.
            
            Reasons for the property not being leasable as retail will
            vary, the neighborhood changes, the property has detrioated
            to the point of being unacceptable to the consumer,
            competition is too fierce, the facility is too antiquated or
            a dozen other reasons. Some, if it can be kept alive,
            ( meaning if you can maintain cash flow, it will eventually 
            become retail again. TKO in the '70s & '80s was heavily 
involved 
            in converting large, vacant discount stores into Flea 
Markets,
            bowling alleys, entertainment centers and temporary public
            warehousing. While 15 of the 17 Flea Markets we converted
            were financially successful. all evidentially, as the market 
            improved were re-deployed as retail again. Understanding real 
            estate is easy, it's a cash flow business. If you don't have 
            cash flow, you don't have the property.
            
            
            Leasing prime retail space, even "C" quality is easy;
            your in house staff, outside brokers or surplus space
            liquidation company can do a great job for you...BUt what do
            you do with the rest of your vacant space?, the space that's
            been available for years?
            
            GO NON-RETAIL......Whether it's medical, office, service,
            flea market, public warehousing, roller rink, hospital,
            produce market, bar, antique market, post office,
            manufacturing, library, industrial or whatever.
            
            
            TKO's Alternate Use Program can help...we've been dealing 
with
            difficult property for over 25 years. We're not intimidated 
            by problems and we know what we're doing. 
            We also have the time and manpower to handle it. 
            Your own staff probably is probably overworked and doesn't 
            have the time or desire to tackle these time consuming
            problems.. Don't call us first, call us last when you've
            given normal leasing efforts it's best try.
            
            What do we do for you?

            
            First, we evaluate your property and all the efforts done
            to lease it conventionally. We provide feedback on the
            property's good, bad and indifferent attributes. We provide
            suggestions on what "retail" use still might work and
            provide categories of retailers to contact. If we don't
            believe that non-retail is the best alternative, we tell you
            so.
            
            Than in conjunction with your staff, we develop a game plan
            of best possible uses, develop a realistic "Capital/Tenant
            Improvement" budget so what has to be done, can be done and
            most importantly, develop an overall marketing plan. Without
            direction, there's no where to go.
            
            We have a national network of brokers who we're constantly
            interacting with, we'll schedule a meeting with the ones
            most knowledable on your property and market, gather their
            ideas and than start developing the game plan. We combine
            high tech marketing such as Internet Advertising (we manage
            the Internets largest commercial real estate forums,
            newsgroups and Home Page) prepare a broadcast fax and
            conventional direct mail program based on the uses we've
            agreed upon (these names are gather from our in-house lists,
            the National Yellow Pages on CD rom and mailing houses,
            exhibiting your property at NON retail trade show (NACORE,
            REALTORS SHOW, NAIOP and Office Developers Assn) and do old
            fashion canvassing
            
            We flexible in our services, we can "do it all", provide
            programs for you to implement or become a lead generator for
            your in house staff.

            FOR MORE INFORMATION, CONTACT
               Ted Kraus
               TKO/the DEALMAKERS
               P.O. BOX 2630
               Mercerville, NJ 08690
               609-587-6200
               FAX 609-587-3511
               E-Mail  ted.kraus@property.com
               http://www.property.com