24.07.2017 Views

Cushman & Wakefield Retail Capabilities

Retail Capabilities

Retail Capabilities

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

CUSHMAN & WAKEFIELD


4,026<br />

LEASING<br />

TRANSACTIONS<br />

$7.24B<br />

TRANSACTION<br />

VALUE<br />

helping clients transform the way people<br />

work, shop & live<br />

19.35M<br />

AGGREGATE SF<br />

875<br />

<strong>Retail</strong> Professional<br />

in the Americas<br />

90<br />

<strong>Retail</strong> Markets<br />

500+<br />

Exclusive or Preferred<br />

Tenant Relationships<br />

Across the Americas<br />

Around the<br />

Corner,<br />

across the world...<br />

Around the corner and across the world, <strong>Cushman</strong> &<br />

<strong>Wakefield</strong> is the center of retail. Our 1,400-member<br />

global team has the expertise, experience, and resources<br />

to provide comprehensive, integrated, and innovative<br />

real estate services to retail occupiers, landlords and<br />

investors, regardless of the size, scope or location of<br />

the assignment.<br />

From urban high streets to suburban centers, retail<br />

parks, and factory outlets, <strong>Cushman</strong> & <strong>Wakefield</strong> retail<br />

specialists leverage industry experience and a global<br />

perspective to align brands to opportunities, provide<br />

clients with intelligence for smart decision making, and<br />

market properties and available space worldwide.


THE CUSHMAN & WAKEFIELD EDGE<br />

Multi-service platform: Through more than 250 offices, we meet leasing,<br />

selling and financing needs, deliver portfolio solutions, value and appraise<br />

retail real estate, educate with thought-provoking data, financial and<br />

research analytics, assist in project development, and deliver facility<br />

services.<br />

Future-forward approach: We deploy talent to meet omni-channel,<br />

global retail real estate needs, and develop strategies and solutions that<br />

encompass technology, e-commerce, global supply chain logistics, and<br />

demographic and social change.<br />

Global collaboration: Our cross-border retail network works together<br />

to help retailers meet their business needs in the Americas, Europe<br />

and Asia. We engage in consistent dialogue across time zones and<br />

geography to stay abreast of the changing pace of the industry.


WE ARE THE CENTER OF RETAIL<br />

Global perspective and resources, local insight and expertise<br />

to help clients transform the way people work, shop and live<br />

In the ever-changing, dynamic world of retail, the right real estate is a critical element to<br />

success. All retailers — from bricks-and-mortar traditionalists to online pop-ups — need some<br />

sort of space to envision, manufacture, showcase, market, or distribute their products. <strong>Retail</strong><br />

real estate investors and owners seek retail occupiers who add value and prestige to their<br />

properties while ensuring long-term income and stability. <strong>Cushman</strong> & <strong>Wakefield</strong> has the global<br />

market knowledge, resources, and experience to assist both sides of this equation through<br />

the services of more than 1,400 retail professionals in more than 250 offices across the world.<br />

Our cross-border retail teams work together to help clients meet their needs in the Americas,<br />

Europe, Middle East and Asia, and our professionals engage in constant dialogue to stay abreast<br />

of the trends within our ever-evolving industry.<br />

Our long established, market leading teams have been created specifically to cater for the demands of<br />

international clients. Enhanced by our dedicated cross-border retail team, we offer the widest range of services<br />

from any retail advisory company plus true accountability and a clear understanding of our clients’ needs.<br />

Relationships with <strong>Retail</strong> Tenants Expanding into Markets <strong>Cushman</strong> & <strong>Wakefield</strong> brings a significant track record<br />

of working with retailers expanding nationally and internationally. We will leverage our relationships with these<br />

retailers, as well as our understanding of their potential local market entry plans, to promote the project.<br />

For retail occupiers, <strong>Cushman</strong> & <strong>Wakefield</strong> utilizes a data-driven, analytical approach to<br />

understand how the right timing and real estate strategy can elevate the relationship between<br />

a client’s brand and its customers. We act as strategic advisors to secure locations that align<br />

real estate with business objectives, streamline production and distribution, and impact the<br />

target audience. Our knowledge of the nuances and complexities of all property types help<br />

us partner with owners and investors to create innovative marketing campaigns, manage to<br />

peak operational standards through best practices, maximize the returns from assets, optimally<br />

place debt and equity, and execute on financing strategies.<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> retail researchers and consultants constantly analyze and engage their<br />

local markets while leveraging the firm’s full scope of resources to provide clients with insight<br />

into current conditions, hidden opportunities, and highline trends. This diligence is enhanced<br />

by our unique partnership with the International Council of Shopping Centers (ICSC), which<br />

guarantees clients even further access to cutting-edge information, the industry’s best talent,<br />

and valuable relationships. The combination of these powerful resources also helps us produce<br />

innovative, industry-dominating thought leadership content such as Main Streets Across the<br />

World, Cool Streets of North America, and the Global Cities <strong>Retail</strong> Guide.<br />

Real estate is our center, retail our specialty, and clients our focus. <strong>Cushman</strong> & <strong>Wakefield</strong> can<br />

help clients transform the way people work, shop and live.


FULL PLATFORM RETAIL SERVICES<br />

O C C U P<br />

O C C U P<br />

I E R S<br />

RETAIL<br />

CONSULTING<br />

PROJECT &<br />

DEVELOPMENT<br />

MANAGEMENT<br />

I N V E S T O R S<br />

O C C U P<br />

O C C U P<br />

AGENCY<br />

LEASING<br />

I E R S<br />

/<br />

I E R S<br />

O C C U P<br />

LEASE<br />

ADVISORY<br />

I E R S<br />

PORTFOLIO<br />

SOLUTIONS<br />

I E R S<br />

TENANT<br />

REPRESENTATION<br />

O C C U P<br />

I E R S<br />

O W N E R S<br />

FACILITIES<br />

SERVICES<br />

/<br />

I N V E S T O R S<br />

O W N E R S<br />

VALUATIONS<br />

& ADVISORY<br />

I N V E S T O R S<br />

/<br />

O W N E R S<br />

INVESTMENT<br />

& CAPITAL<br />

MARKETS<br />

I N V E S T O R S<br />

/<br />

O W N E R S<br />

RETAIL ASSET<br />

MANAGEMENT<br />

/<br />

I N V E S T O R S<br />

WORK<br />

SHOP<br />

LIVE


OWNER / INVESTOR REPRESENTATION FULL PLATFORM<br />

We understand the nuances and complexities of all property types — and use this knowledge to serve as a long-term partner to clients. Our retail<br />

specialists and researchers constantly analyze and engage their local markets, offering clients insight into current conditions, hidden opportunities,<br />

and trends. Leasing professionals create innovative property marketing campaigns that target, attract and retain tenants. Capital markets experts<br />

maximize the returns of a single asset or portfolio, develop savvy plans for the placement of debt and equity, and determine and execute on<br />

financing strategies. Through the full-service resources of the <strong>Cushman</strong> & <strong>Wakefield</strong> organization, clients also have the opportunity to solve for<br />

added needs involving property and asset management, project and development services, valuation and advisory, and facility services.<br />

OCCUPIER REPRESENTATION FULL PLATFORM<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> utilizes a data-driven, analytical approach to understand the unique relationship that a client’s brand has with customers<br />

— and how the right timing and strategy can elevate that connection. Whether addressing a request for a single unit or an entire market entry<br />

plan for leading retailers to new concept start-ups, our experts help clients define their specific retail requirements. We act as strategic advisors<br />

to secure locations that fulfill business objectives and reach the target customer at terms that set the stage for future success. For tenants looking<br />

to streamline their real estate experience, <strong>Cushman</strong> & <strong>Wakefield</strong> also has the resources to assist with project management, facility management,<br />

sublease disposition, and portfolio administration.<br />

STRATEGIC PLANNING<br />

Evaluating and identifying<br />

the essential factors that aid<br />

in decision making:<br />

> Market and property analysis<br />

> Brand positioning<br />

> Portfolio evaluation<br />

> Tenant mix and target tenant<br />

analysis<br />

> Market share and retail<br />

demand forecasting<br />

MARKETING AND LEASING<br />

Assisting with all aspects of<br />

property marketing, from initial<br />

planning to successful lease<br />

execution:<br />

> Property positioning<br />

> Marketing and leasing strategy<br />

> Marketing program execution<br />

> Lease negotiations<br />

EXIT STRATEGIES / DISPOSITION<br />

Comprehensive advice, execution, and<br />

investment management services:<br />

> Financing strategy and<br />

implementation<br />

> Structuring and arranging/<br />

placement of debt and equity<br />

> Investment sales<br />

PROPERTY/ASSET MANAGEMENT<br />

> Programs that increase operating<br />

energy-streamlining processes,<br />

assure adherence to applicable<br />

rules and regulations, leverage<br />

economies of scale through group<br />

purchasing, and increase tenant<br />

satisfaction<br />

PROJECT AND DEVELOPMENT<br />

> Management and oversight of<br />

budgets, schedules, vendors and<br />

contractors related to space<br />

build-out and capital projects<br />

VALUATION AND ADVISORY<br />

> Valuation and advisory<br />

services related<br />

to acquisition, disposition,<br />

financing, litigation, taxes,<br />

and financial reporting<br />

LEASE ADMINISTRATION<br />

> Technology consulting<br />

> A/R processing<br />

> Invoice reviews<br />

> Abstractions<br />

> Data management<br />

PORTFOLIO MANAGEMENT<br />

> Practices, processes, tools,<br />

and technology to deliver<br />

consistent services<br />

STRATEGIC PLANNING<br />

Evaluation and identification of<br />

the essential factors for decision<br />

making:<br />

> Socioeconomic and<br />

demographic data<br />

> Accessibility and<br />

transportation patterns<br />

> Pedestrian flow<br />

> Tourist counts<br />

> Existing store locations<br />

> Unit-level sales productivity<br />

> Gross occupancy cost<br />

> Expansion considerations<br />

SITE SELECTION AND<br />

ACQUISITION<br />

Strategic planning underpinned by<br />

market insights:<br />

> Location screening<br />

and evaluation<br />

> Location ranking and<br />

recommendations according<br />

to a custom set of benchmarks<br />

> Negotiation<br />

DISPOSITION<br />

Site disposition services, from initial<br />

planning to implementation:<br />

> Strategic portfolio reviews<br />

> Property positioning and marketing<br />

> Offer solicitation and review<br />

> Contract negotiation and execution<br />

PROJECT AND DEVELOPMENT<br />

SERVICES<br />

> Programming, planning, and design<br />

> Bid and procurement<br />

> Construction management<br />

> Vendor management<br />

> POS installation<br />

> Merchandising graphics/signage<br />

> General contractor management<br />

> Capital projects<br />

> New construction<br />

> Prototype/Specification services<br />

> Remodels<br />

MULTI-MARKET TRANSACTION<br />

MANAGEMENT<br />

> Broker selection<br />

> Process and document<br />

management<br />

PORTFOLIO ADMINISTRATION<br />

> Lease administration<br />

> Payables management<br />

> Accounting and financial lease<br />

audit and reconciliation<br />

> Asset tracking<br />

> Contract management and<br />

compliance<br />

> Performance metrics<br />

> Savings/Cost avoidance<br />

> Abstracting and auditing<br />

> Tracking and reporting<br />

ASSET SERVICES<br />

> Financial management<br />

> Engineering management<br />

> Contract and vendor<br />

management<br />

> Sustainability consulting<br />

> 24/7 facilities management<br />

call center<br />

> Facilities audits and assessments<br />

VALUATION AND ADVISORY<br />

> Valuation<br />

> Property tax services<br />

> Appraisal management<br />

> Portfolio valuation


MARKETING CAPABILITIES<br />

MARKETING CAPABILITIES<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> will develop a strategic marketing program that will establish your<br />

Property as the most desirable address in its location – where a tenant can achieve location,<br />

status, and high visibility, prestigious association, corporate amenities, and infrastructure that<br />

are unmatched in competing properties.<br />

Branding and Positioning<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> will work closely with Ownership and its designated marketing firm to<br />

develop the overall program and all marketing materials.<br />

The key components of a successful marketing plan include:<br />

> Initial strategic review, Property positioning and general project consultation<br />

> Branding and graphic identity design and development<br />

> Interactive media design, including websites, e-blasts, online advertising,<br />

and database development<br />

> Print design, including advertising, environmental, and marketing centers<br />

> Media planning, buying, negotiation and representation: online, print,<br />

out-of-home, guerilla<br />

> Post-campaign call/website tracking and analysis<br />

> Event planning, including concept, budgeting, liaison with vendors,<br />

and day-of event supervision<br />

> Social media consultation and campaign management/analysis<br />

> Hiring and managing vendors including advertising agencies.<br />

Branding, Case Study<br />

and Brochure<br />

Website, Video, Online Gallery and eblast<br />

Salesforce Tower<br />

61 Floors, 1.42 MSF<br />

Salesforce Tower, currently under<br />

construction, will be the tallest office building<br />

on the West Coast.<br />

We created a comprehensive marketing campaign<br />

across a wide range of visual and media touch points.<br />

The deliverables were tailored to 3 key audiences…<br />

Tenants / brokers as well as the community at<br />

large. We worked Boston Properties and Hines<br />

(and external third party vendors) in developing<br />

the visual identity for the Tower. Once we defined<br />

the brand and the core positioning for Salesforce<br />

Tower, we carried that tone and messaging across<br />

all media.<br />

Although our campaign was across multiple<br />

channels (print & digital advertising, PR, video,<br />

Social media PR, etc.) what made the campaign<br />

work was the strategic combination of these<br />

various tactics with consistent messaging and<br />

relevant timing.<br />

Advertising, Virtual Staging<br />

FOCUS<br />

FOCUS<br />

GR N D<br />

GR<br />

GR N D<br />

F O CUS<br />

GR ND


PROVEN RESULTS


PRIMARK<br />

SKECHERS<br />

TOM FORD<br />

We have provided<br />

strategic advice on all new country<br />

entries, and on more than 30 flagship<br />

stores acquired throughout Europe.<br />

agency and professional advice<br />

across the region. We have acquired<br />

a 142,000 sq ft store in Boston,<br />

marking Primark’s entry into the US<br />

market, which opened in September<br />

2015. Since then, <strong>Cushman</strong> &<br />

<strong>Wakefield</strong> solidifed a lease of 96,000<br />

sq ft to Primark at American Dream,<br />

a New Jersey retail and<br />

entertainment destination slated to<br />

open in April 2018. Negotiations are<br />

also under way to open more stores<br />

in the north-east of the US by the<br />

end of 2016.<br />

Since 2006, <strong>Cushman</strong><br />

& <strong>Wakefield</strong> has<br />

represented Skechers in the US and<br />

Asia, completing more than 100<br />

transactions in the US in shopping<br />

centers, town centers, mall and street<br />

locations in nine states.<br />

Most recently, we assisted Skechers<br />

in the acquisition of a 3,500 sq ft<br />

flagship store in at 1515 Broadway, New<br />

York City as well as a 2,600 sq ft store<br />

in Shinsaibashi Shopping Arcade in<br />

Osaka Japan.<br />

<strong>Cushman</strong> &<br />

<strong>Wakefield</strong> assisted<br />

Tom Ford with a<br />

new location at<br />

58-68 East Oak Street in Chicago,<br />

Illinois, and also advised on their first<br />

UK store and flagship, totaling<br />

approximately 8,000 sq ft over three<br />

levels at 201/202 Sloane Street,<br />

London SW1.<br />

OUR GLOBAL CLIENTS<br />

SOME OF<br />

LVMH<br />

Since 2004,<br />

<strong>Cushman</strong> &<br />

<strong>Wakefield</strong> has<br />

represented many of LVMH’s brands<br />

including Emilio Pucci, Louis Vuitton,<br />

Bulgari, Fendi and DFS for locations<br />

including Michigan Avenue in<br />

Chicago, Union Square in San<br />

Francisco and Madison Avenue in<br />

New York. We recently acquired<br />

Louis Vuitton’s flagship in the prime<br />

area of Shinjuku, Tokyo, Japan.<br />

SWATCH<br />

In the US, we<br />

have recently<br />

completed transactions in New York,<br />

San Francisco, Austin, Texas. We also<br />

assisted Swatch in the acquisition of<br />

a 16,000 sq ft flagship store on<br />

Michigan Avenue in Chicago. In the<br />

UK we are retained by Swatch to<br />

acquire sites.<br />

LEGO<br />

Our global relationship<br />

with LEGO has seen us<br />

assist with LEGO’s New<br />

York market entry strategy<br />

and acquire numerous stores across<br />

the US and Europe. Notable deals<br />

include LEGO’s first urban location<br />

within the US at Rockefeller Center<br />

and a location at 200 Fifth Avenue.<br />

CASE STUDIES


LEASING<br />

FLAGSHIP GLOBAL RETAIL LEASING<br />

GLOBAL RETAIL LEASE<br />

PUERTO VENECIA<br />

SPAIN<br />

2.22 million sq ft joint venture between<br />

British Land and Eurofund. <strong>Cushman</strong> &<br />

<strong>Wakefield</strong> introduced British Land to the<br />

opportunity and set up a team of advisers<br />

in both the UK and Spain.<br />

PARADISE CITY<br />

KOREA<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> was appointed to<br />

lease this 330,000 sq m mixed use<br />

development, consisting of <strong>Retail</strong>, Casino,<br />

Hotels and a public spa. Scheduled to<br />

open in late 2017 the project will be the<br />

very first integrated resort in Korea,<br />

positioning itself as the most significant<br />

premium retail development adjacent to<br />

Seoul’s Incheon International Airport.<br />

GALLERIA CHENGDU<br />

CHINA<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> was appointed by<br />

Karden Land as the principal leasing agent<br />

on a 538,000 sq ft mall which was the first<br />

international shopping mall development<br />

in Chengdu.<br />

ZŁOTE TARASY<br />

POLAND<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> was appointed as<br />

the operational management consultant<br />

and sole retail leasing agent on this<br />

project. The 2.42 million sq ft scheme<br />

is a mixed-use urban development<br />

consisting of retail, multiplex cinema<br />

and offices.<br />

1530 BROADWAY<br />

NEW YORK<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> is the exclusive<br />

leasing agent for this flagship retail<br />

opportunity in the heart of Times Square<br />

in New York City.<br />

PESONA SQUARE DEPOK<br />

WEST JAVA<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> secured the<br />

following anchor tenants: Hypermart,<br />

Centro, XXI, Gold’s Gym, Rock Star Kid<br />

Gym, Food Avenue, BEST Denki. Precommitment<br />

rate before ground breaking:<br />

close to 80%.<br />

CENTER POINT<br />

INDONESIA<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> was exclusively<br />

appointed to consult and lease a new<br />

iconic 710,000 sq ft mall aimed at high<br />

quality international retailers.<br />

COLUMBUS<br />

RUSSIA<br />

Columbus shopping and entertainment<br />

center is located on one of the most<br />

important transport hubs of the city –<br />

Varshavskoe highway, in the nearest<br />

proximity to Prazhskaya metro station.<br />

Columbus will be one of the largest<br />

modern malls of Moscow. This project<br />

includes both well-known international<br />

brands and leading Russian market<br />

players, over 250 retail gallery stores, more<br />

than 25 restaurants, large food-court area<br />

with GLA - 1.45 million sq ft and due to<br />

open Q1 2015. Our remit covers Concept<br />

Development & Leasing advice.<br />

BATTERSEA POWER STATION<br />

UK<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> was appointed as<br />

joint <strong>Retail</strong> and Leisure letting agents on<br />

this iconic 3.5 million sq ft London<br />

landmark, opening 2019.<br />

DUBAI FESTIVAL CITY<br />

UAE<br />

This 2.81 million sq ft development is a<br />

world class waterfront urban community.<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> was appointed to<br />

provide strategic and international<br />

marketing advice and leasing of the<br />

549,000 sq ft luxury retail extension.<br />

CHASE CENTER<br />

SAN FRANCISCO<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> is the exclusive<br />

leasing agent for the retail component of<br />

this 11-acre mixed-use development set to<br />

open for the start of the 2019-20 NBA<br />

season.<br />

663 NORTH MICHIGAN AVENUE<br />

CHICAGO<br />

<strong>Cushman</strong> & <strong>Wakefield</strong> is the exclusive retail<br />

leasing agent for this flagship high street<br />

opportunity in Chicago.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!