A Singular Focus on Helping Clients Reduce Occupancy Costs
The complex world of retailing necessitates thinking beyond a handful of new sites or the sale of a few spaces. SRS’ suite of corporate services puts its team of experts and refined processes to work for clients, saving them money and worry, and enhancing the bottom line. SRS provides research and advisory services to clients to help with strategy and decision making, to improve organizational and portfolio planning and to improve execution. SRS offers a variety of roles that augment or replace the internal real estate roles of its clients in an outsourced management and services capacity. SRS provides expertise to assist with portfolio expansion and existing portfolio optimization. SRS provides dedicated teams to oversee large-scale disposition and occupancy cost reduction through its portfolio disposition and lease renewal and restructuring services. SRS works tirelessly to reduce client occupancy costs and mitigate portfolio risk through its lease administration services. Our real expertise is combining our diverse skills and services into programmatic solutions led by senior project leaders ensuring the highest level of consistency and quality for our clients.
At SRS, our philosophy is simple, integrate our broad retail real estate and consulting expertise to solve our clients’ most difficult challenges, globally. We look beyond the short term real estate needs and focus on the long term goals of our clients. SRS is ready to work alongside and adopt the goals of our clients as our own. Our success is measured in the achievement of our clients’ objectives, satisfaction, and trust.
SRS’ Corporate Services Platform
RESEARCH & ADVISORY SERVICES
SRS consults clients regarding customer identification, trade area analyses, site selection criteria, strategic network planning, valuation studies, portfolio optimization, process definition and management, and organizational effectiveness for retail clients. In addition, SRS provides highest and best use studies, merchandise plans, and leasing strategies for shopping center owners.
REAL ESTATE OUTSOURCING
SRS frequently supplies talent to its clients in an outsourced capacity to augment or replace client real estate roles including real estate directors and managers, transaction managers, transaction coordinators, and other roles. SRS also helps define processes, deploy technology infrastructure, and identify key performance metrics and reporting requirements to ensure successful execution by all team members.
When your expansion plans involve entering multiple markets with multiple locations, SRS can develop a strategic real estate plan to prioritize markets and understand areas with the greatest potential for store placement. Our single-point-of-contact brokerage solution offers consistency of service and account management skills that produce more effective outcomes and more efficient operations.
SRS supports clients that have larger portfolios of dispersed surplus properties by eliminating portfolio lease obligations through subleases and terminations and eliminating owned properties through sales. SRS deploys a single point-of-contact, multi-channel portfolio disposition strategy that provides detailed property valuations, property-specific strategies, effective property marketing, and lease/contract negotiations.
LEASE RENEWAL & RESTRUCTURING
SRS works to reduce occupancy costs for its clients and to enhance their contractual position for improved lease agreements. Our team of experts provides property-specific valuations, closely reviews lease documents and abstracts, develops lease action strategies, negotiates with landlords, and coordinates all lease document modifications.
Since 1999, SRS Lease Administration has delivered a spectrum of lease administration services including consulting and project services, critical date management services, lease audit and reconciliation services, critical date management services with basic accounting, and full portfolio lease administration outsourcing services including or excluding “live” bill pay.
Through our partners, EMG and Cypress Equities, SRS offers scalable, flexible and affordable project management solutions for retailers across North America. We provide services including new construction, site surveys, remodels, program roll-out, capital programs, permitting, and branding. We also consult our clients regarding compliance programs such as the Americans with Disabilities Act and others.