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Optimizing Shopping Center Portfolios
Optimizing retail store portfolios and optimizing shopping center portfolios seem like two different things. In fact, the two tasks have similarities.
“To retailers, optimization is getting store deployment across the marketplace right,” explained Mike Makinen, COO with MPI, Mall Properties Inc., New York City. “We have a similar strategy. We have a mix of retailers within our shopping center portfolio, and we try to optimize the assortment of retailers, restaurants and service tenants within each center.”
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Northeast Market Profile Case History: Fashion Bug Disposition
Disposition firm: A&G Realty Partners
Number of properties: 600
Locations: 95% in strip centers, with the balance in middle market malls across the United States
Status: A&G successfully terminated more than 300 leases. The balance had natural lease expirations.

