One of the largest privately held shopping center developers in the US, Sandor Property Group, have appointed casuallease.com to oversee the specialty leasing and ancillary income across their shopping centers. Sandor owns and operates over eight million square feet of retail space across 25 States. They join other major US shopping center owners and managers including Brixmor Property Group with more than 550 shopping centers, Westwood Financial, one of the largest privately held owner-operators of retail properties in the US, Devonshire Reit with over $515 million in total assets and 4.9 million square feet under management, The Sembler Company which currently leases and manages over 12.5 million square feet of retail property, DDR which owns and manages 309 retail properties representing 103 million square feet and Inventrust Properties, owner and manager of 86 retail properties representing 15.2 million square feet of retail space.
These major institutions enable casuallease.com to provide more than seven thousand specialty and short-term leasing locations across the US.
With shopper habits rapidly changing and ecommerce continuing to grow, the way that businesses connect with their customers is dramatically changing. Businesses of all sizes and types are turning away from long-term leases in favour of short-term specialty leasing locations and pop-up stores. casuallease.com has provided a simple solution for the owners and managers of shopping centers as well as those looking for short-term locations by bringing them together simply and quickly.
casuallease.com is assisting major property institutions by simplifying the traditionally difficult task of finding and processing operators of short term spaces in shopping centers. The online system enables people interested in short-term locations to easily see relevant site details and make an offer on the rent. An automated email is then sent to the manager of the center advising them of the offer which they can accept, reject or make a counter-offer, all at the click of a button. Everything is run through the website which dramatically simplifies the usually time consuming process.
Co-founder of casuallease.com, Stuart Hely, said; “Our national coverage across the US means that people no longer have to go through the time-consuming effort of contacting individual shopping center managers or finding the right person in a head office to ask for details such as availability and costs as everything can easily be found and processed through the website. This saves considerable time, effort and cost from the centers side.”
He said “The inclusion of large shopping centre portfolio owners such as Sandor Property Group, Brixmor, Westwood Financial, The Sembler Company and Inventrust Properties creates further opportunities for businesses looking for their ideal short-term shops and adds to the list of major property institutions taking advantage of the time and cost savings provided by casuallease.com.”