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Client LNR Partners Project Overview Grocery / drug (shadow) anchored center, anchored by SaveMart and CVS. ProEquity was brought on board in 2012 to manage receivership, leasing, and property management. The Challenge The project was over 60% vacant upon takeover with many of the remaining tenants in arrears or near expiration. The center had significant…Read More
Client LNR Partners Project Overview ProEquity took over the project in 2012. The center, a classic Main Street mixed use project, was in foreclosure on a failed remodel. The project included a struggling art house movie theatre and a high-end restaurant. The Challenge Vacancy was high and previous owner was difficult to work with. Most…Read More
Client LNR Partners Project Overview In 2013, ProEquity was requested to replace the existing management and leasing team by LNR Partners after the property had struggled for two years in foreclosure. The Challenge The project over 53% vacant with many of the tenants on short-term leases. The project had significant maintenance and construction defect issues.…Read More
Client LNR Partners Project Overview Two single story office buildings with a total of 13 tenants, including Sutter Medical and other national and local tenants. In 2009, ProEquity stepped in to manage leasing and property management. The Challenge The project was over 80% occupied at takeover. Although the occupancy had been retained, only approximately 50%…Read More
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