Property Management for Retail

Successfully managing shopping centers is one of the most challenging areas in real estate today. In light of the current economic downturn, it is even more important to have each shopping center properly maintained and staffed with the highest caliber managers to foster positive tenant relations.

At Hannay Realty Advisors, we have the experience and expertise to effectively manage all sizes of retail assets. With more than 2 million square feet currently under management in Arizona, the shopping center assets in our management portfolio range in size and scope: strip centers, power centers, neighborhood shopping centers and single tenant buildings. Additionally, our property managers have decades of experience managing retail centers throughout Arizona and California. Their resumes include managing enclosed regional malls, high-end lifestyle centers, mixed use developments and all other retail product types.

Through years of experience in managing and owning retail centers, Hannay has established high standards for enhancing value by fostering positive relationships with tenants, vendors and municipalities. Our unique brand of retail property management is focused on quality, proactive service and always from an owner’s perspective. This philosophy has enabled us to make positive, long-term contributions to each property we manage.

Hannay Realty Advisors offers the following full-service property management services:

  • Outstanding customer service to owners and tenants.
  • State-of-the-art accounting and operational reporting.
  • Full in-house maintenance capability, 24/7.
  • Bid, hire and consistent monitoring of all vendors.
  • Leasing oversight.
  • Marketing supervision.
  • Tenant improvement and construction management.
  • Additional services specific to retail:
    • Well-versed in the details of CCR’s and REA’s.
    • In-depth understanding of co-tenancy issues and NNN leases.
    • Knowledgeable in issues specific to shopping centers including use restrictions, parking requirements, zoning issues, and operating agreements among associated parcels.