Developer Relationships

Pacific Retail Partners is not a traditional shopping center development company. A well-conceived strategy must be formulated by all members of the development team and then pursued vigorously. Because Pacific Retail Partners also represents credit retailers, our knowledge of site planning, market positioning and consumer purchasing patterns, provides owners with a thorough and analytical approach. The partnership's goal is to ensure that the project's design, theme and tenant mix work to maintain its competitive position, income stream and long-term financing.

Pacific Retail Partners' development services include conducting feasibility studies; securing entitlements and redevelopment assistance; negotiating purchase agreements, leases and reciprocal agreements (i.e., CC&R's and REA's); re-merchandising problem spaces to generate new sales and income; site planning; proforma analysis and real estate development on a principal basis.

Today's shopping center owner is confronted with fluctuating rents, business failures and relocations as a result of fluctuating consumer confidence, the increasingly competitive retailer marketplace and internet sales. Developers are faced with even greater challenges from lenders and municipalities desiring to impose constraints on lease provisions, fees for a multitude of social services, and tremendous consumer, labor union and environmental protection laws, and potential community opposition. Pacific Retail Partners understands the art of balancing these competing interests to create a project that benefits the community and profits its owner.