October 2006 Archives

Below are all news articles published in October 2006:

Broad Reach Retail Partners Seeks Senior Leasing Agent

Broad Reach Retail Partners, LLC is currently seeking a Senior Leasing Agent to lease space in our shopping center portfolio. This position is for an energetic, motivated, self-starter with three to five years of retail leasing experience.

Responsibilities:


  • Develop relationships with national, regional, and local tenants
  • Prospect markets where centers are owned for viable tenants
  • Underwrite tenants
  • Negotiate leasing terms and conditions
  • Present deal to Principals
  • Oversee tenant installation process


  • Skill Set:


  • Proven selling skills
  • Effective negotiator
  • Self-motivated
  • Good decision making skills
  • Strong written and verbal communication skills
  • Capable in spreadsheet and word processing software
  • Willingness to travel


    Benefits:


  • Base Salary plus production-oriented bonus
  • Health Insurance Coverage
  • 401K program available

    Broad Reach Retail Partners, LLC is a young entrepreneurial company that offers an upbeat, energetic atmosphere. For additional information please fax resume to 410-878-2871 or email to info@broadreachretail.com

    | Category: Company News

  • Tower Realty Investments Purchases Badger Plaza

    Baltimore-based Tower Realty Investments ("TRI") recently completed the acquisition of Badger Plaza, a 157,150 square foot grocery anchored center in Racine, WI. The center is anchored by Piggly Wiggly, Big Lots, and Blockbuster. TRI plans to capitalize on the outstanding long-term location and service-oriented tenant mix to implement a comprehensive business plan designed to maximize the value of the center through selective re-tenanting, operational cost engineering, and property management focus.

    "Badger Plaza is an excellent example of what we want to buy. The center is well located, has a strong performing grocery anchor with good lease term remaining, and the upside potential of vacant space in a solid market”- Nate Tower.
    Badger Plaza is ideally situated at the corner of Durand Avenue and Kentucky Street in Racine, Wisconsin. Within a three-mile radius of the center, there are 71,068 residents earning an average household income of $57,400. Badger Plaza is perfectly positioned to provide convenient grocery and specialty retail options to these population densities.

    | Category: Company News

    Coastal Capital Partners and Tower Realty Investments Merge To Form Broad Reach Retail Partners

    Coastal Capital Partners, LLC and Tower Realty Investments, LLC have merged to form Broad Reach Retail Partners, LLC. The new company will have offices in Atlanta, Baltimore, and Virginia Beach and will draw upon the combined experience of Nate Tower and Charles Moore, who will be responsible for all future acquisition efforts with an emphasis on value-added shopping centers in the Midwest, Northeast, Mid-Atlantic and Southeast.

    Coastal Capital Partners, LLC was formed in 2002 and has purchased over $90 million in retail centers in the past five years. Baltimore-based TRI was formed by Nate Tower to purchase value-added shopping centers in the Eastern United States. TRI recently completed the acquisition of Badger Plaza, a 157,150 square foot grocery anchored center in Racine, WI.

    | Category: Company News

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