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Retail Recap 2019

 

It was great to see so many familiar faces at ICSC RECon, and make some new connections, too. At Partner, we know that what happens in Vegas winds up in your pipeline, so we've put together some insights to help you make the most of all the new deals you drummed up while you were there.

Accessibility & ADA Compliance for Retail Properties

 

Compliance with the Americans with Disabilities Act (ADA) is a hot topic for anyone who owns, manages, or lends on retail properties. The ADA designates retail properties as "places of public accommodation" which, whether new construction or an existing building, must be accessible for people with disabilities. Misconceptions abound regarding the ADA: who must comply?  How should the requirements be interpreted? In this GlobeSt post, Technical Director Christy Kim, AIA, CASp, discusses five common pitfalls of ADA compliance and how to avoid them. 

 

Christy Kim, AIA, CASp

Christy Kim, AIA, CASp

Technical Director

Due Diligence Strategies for Late-Cycle Site Selection 

Choosing a site to meet your business objectives can be tricky, especially when limited inventory drives you towards redevelopment. At this stage in the cycle, redeveloping an existing site requires a multi-pronged risk management strategy to keep your investment and your timeline on track. Environmental and physical due diligence is critical for assessing whether a facility will be able to support planned operations, while lowering risk and liability for owners.  Principal Misty Ponce, PE, outlines specific steps to minimize risk in this article from Area Development

 

Missy Ponce, Principal

Misty Ponce, PE

Principal

Three Reasons to Consider a PCA with your NNN Lease

In a triple-net lease, the owner and tenant each have a stake and a responsibility in maintaining the physical condition of a property. While a commercial lease defines these roles, interpreting and applying lease terms can be a messy business, particularly when it comes to property condition. Owners and operators alike can benefit from a tool that helps them understand the condition of a property and the cost of maintaining it within the framework of their lease agreement. In this GlobeSt post, Technical Director Aaron Kovan, LEED AP, explains how a PCA is designed to do just that.

 

 

Aaron Kovan, LEED AP

Technical Director

Featured Project:

Multi-scope engagement for a golf-centered entertainment and activity center in Miami, Florida.