3000 Cleary Ave

[Jennifer LaNasa]

Investment Info:

Retail commercial investment investment.

Cash invested: $300,000

Took over management of this retail shopping center in May of 2023 for a client in distress. Reviewed and replaced all leases. Increased some leases. Replaced other leases. Started with a full inspection of the building inside and out. Concentrated on electrical and roof then planned new glass store fronts, new paint and repaired parking lot for new asphalt overlay. 100% leased and running smooth.

How did you add value to the deal?

Evaluated all leases. Put on new format, increased, expired and replaced if I could to increase income.

What was the outcome?

Smooth running asset for the owner