In 2006, our on-site teams converted 14 temporary tenants to permanent tenants, generating an additional $26 million in property value for our owners.

The specialty leasing team successfully develops and incubates innovative retail uses for short-term tenants, augmenting the property’s tenant mix and generating additional revenue. Specialty leasing tenants enhance mall occupancy by filling common area locations such as carts and kiosks, as well as vacant in-line stores.

Aggressive marketing campaigns are used to attract retailers, garner interest in our portfolio and educate specialty retailers on the benefits of doing business at your property. Our regional teams oversee and approve all specialty leasing transactions to ensure rents are maximized for the property, the program’s presentation is of the highest quality and any potential risk for ownership is properly managed. In addition, our teams attend local and national ICSC events and gift shows, seeking out appropriate tenants and staying abreast of the latest trends.