Jim Hoffman

Vice President, REO Co-Team Lead

Jim Hoffman

Jim Hoffman represents both landlords and tenants and specializes in retail real estate dispositions, procurement, and relocations. Jim has abundant experience assisting lenders and receivers navigating the REO process, with the goal of preserving and escalating asset value. He works with regional and local tenants in Colorado and also has acted as the lead broker for several tenants handling their national brokerage needs. Jim has more than 35 years of experience in brokerage and retail services.

Recent Transactions

  • In-N-Out Burger – Assisting Tenant in multi-store rollout
  • Lamar’s Donuts – Provides real estate consulting services for lease renewals and new market expansion
  • Bellco Credit Union – Represented Tenant for leases at 2 premier retail development sites
  • JC Penny – Represented Tenant in disposing of 98,000+ sf store in Denver Metro
  • Brookhill Towne Center – REO leasing services
  • Pizza Hut – Represents Tenant in the Denver metro for relocations and new stores
  • The Kroenke Group – leasing 7 anchored shopping centers

Awards

  • CoStar Power Broker: Retail

Education

  • Pennsylvania State University – Bachelor of Science in Accounting
  • Colorado State University – Master of Science in Earth Resources

Community/Personal Information

Jim is an active member of the International Council of Shopping Centers (ICSC). He is also a Board member of the Commercial Boulder Brokers Association. He spends his free time enjoying the outdoors with his family.

CASE STUDY – Brookhill town center

  • Transitioning to Receiver (2011) – Borrower defaulted on CMBS loan and Receiver put in place. SRS evaluates current tenant leases and prepares a property market rate summary, lease-up schedule and Tenant Improvement budget.
  • Value Preservation (2012-2015) – Receiver was tasked to preserve value and deploys a property management team. Receiver directive is to maintain status quo.
  • Value Escalation (2016) – Receiver directs leasing team to aggressively lease vacant space from 35% occupancy in preparation to bring asset to market. SRS effectively leases 70,000 SF in 14-months and takes occupancy to +80%.
  • Receiver Exit (2017) – Property sells to NewCo for $4.25 MM.
  • Profit Approach (2018) – NewCo hires SRS to continue marketing the vacant space for a lease-up and sell strategy. SRS reaches 100% occupancy goal within 10-months of NewCo purchase.
  • Success Complete (2019) – NewCo sells asset for $9.25 MM completing a 2.2 multiple exit.

Contact Information

1875 Lawrence Street
Suite 850
Denver, Colorado 80202

D: 303.390.5238
M: 303.895.8655


SRS in the News

NOV 30, 2021

$3M: Going Price for West Palm Beach Single-Tenant MOB

SRS Real Estate Partners’ National Net Lease Group has completed the $2.9-million off-market…

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NOV 29, 2021

BREAKING NEWS: Savills, SRS Form Strategic Alliance

Savills said Monday it had formed a strategic alliance with SRS Real Estate…

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NOV 29, 2021

Savills and SRS Real Estate Partners Form Strategic Alliance

NEW YORK, Nov. 29, 2021 /PRNewswire/ — Savills today announced that it formed…

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Press Releases

JUL 12, 2022

SRS Real Estate Partners Grows SRS Industrial Team and Expands into San Antonio Market

DALLAS (July 12, 2022) – SRS Real Estate Partners has expanded the SRS Industrial…

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JUN 08, 2022

SRS Real Estate Partners Opens Honolulu Office; Welcomes Two Leading Local Professionals to National Net Lease Group

DALLAS (June 8, 2022) – SRS Real Estate Partners is pleased to announce…

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APR 04, 2022

SRS Real Estate Partners expands into Industrial Real Estate; Introduces SRS Industrial with six prominent professionals in Dallas

DALLAS (April 4, 2022) – SRS Real Estate Partners is proud to introduce SRS…

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