Creative Realty Group

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Description

Disposing of excess space and the associated contingent liabilities presents a unique set of challenges for today’s retailer. Creative Realty Group’s expertise not only in surplus leasehold and fee properties, but lease restructuring, guarantees and bankruptcy, provide a retailer a full service disposition firm. CRG provides a highly personalized and custom tailored approach to quickly disposing of space while maximizing value. CRG provides the retailer the expertise to develop disposition strategies along with the corresponding financial and reserve analysis. The procurement of replacement tenants is a key cornerstone of any successful disposition program. CRG not only uses its established local broker network to find replacement tenants, but also has a dedicated in-house team actively searching for and working with national, regional and local tenants. CRG acts as a third party in negotiating buyouts and restructuring leases with landlords. This puts retailers in the valuable position of being at an arms-length away form direct negotiation. CRG becomes an extension of the company interfacing with the real estate, finance, legal and construction departments of the retailer to ensure and expedited disposition process.

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