Newmark VA Brochure 2022 - Flipbook - Page 20
Retail & Regional Malls
Our unmatched Retail & Regional Malls platform boasts extensive expertise across super-regional malls,
regional malls, lifestyle centers, power centers, community centers, neighborhood centers and singletenant properties. Our MAI-designated appraisers can tap into our in-house retail brokerage platform,
dedicated mall research staff and proprietary regional mall database to anticipate trends and provide
comprehensive analysis.
Our team provides valuations, feasibility studies and market studies as well as rent, expense and leasehold
analyses for existing and proposed retail properties, whether department stores, big-box stores, shopping
centers, theme/festival centers or mixed-use developments. We have completed assignments of every size
for owners, investors, developers, corporations and public agencies.
We take an individualized approach to valuation, combining value analysis with an overview of specialized
business operations—such as store sales, tenant reimbursement structures and a close assessment of
dynamics between retailers and consumers—to account for every detail of the asset.
Subcategories:
Super-Regional/Regional
Malls
Outlet Centers
Lifestyle Centers
Neighborhood Centers
High Street Retail
Community Centers
Department Stores
Net Leased Properties
Power Centers
Big-Box Stores
Self Storage
Our comprehensive Self Storage practice goes beyond traditional valuation, encompassing industry-leading
valuation and consulting services for all self storage property types. As premier industry experts, our leaders
speak widely at prominent worldwide events and have penned foundational publications on self storage
appraisal methodology. The national Self Storage team leverages detailed data analytics and a vast well of
industry experience to deliver superior valuation and consulting services. From single assets to portfolios
exceeding 100 properties, all valuations are expertly managed and reviewed for quality control by leaders.
Our Self Storage offerings include:
Valuation
We bring a broad
knowledge of a fragmented
industry and a nuanced
understanding of buyers
and sellers to every property
analysis and adapt our
approach accordingly.
We provide geographic
experience with self storage
market expertise.
Property Tax
By gaining an
understanding of every
aspect of a property’s
operations, we deliver
tax strategies tailored for
maximum effectiveness.
Market Studies
Our market studies
determine the depth of
market demand in a trade
area: undersupplied,
oversupplied or market
equilibrium. Our proprietary
econometric model
forecasts stabilized
demand by trade area.
It is the first step in
determining feasibility.
Litigation
We take a strategic
approach to litigation,
ensuring our clients benefit
from greater depth and a
wider scope.
Feasibility Analysis
Our feasibility analysis
is based on extensive
analyses of income to
cost and concludes
with milestones that are
determinants of feasible
development: income over
cost, cap rate on cost, IRR
and levered IRR, and profit
on cost. Cumulatively,
these variables are
reconciled into a conclusion
of project feasibility.
Financial Reporting
We seamlessly fulfill
clients’ financial reporting
requirements in-house
without assistance from
outside parties.
Portfolio Analytics
Because of our extensive
experience in quarterly
valuations on large
portfolios, we are able to
execute portfolio valuation
and analytics with superior
data and analysis. We
can conclude value and
portfolio maximization for
both income and value
characteristics. We assist
numerous clients by
consulting on underwriting
criteria to help with
investment decisions.