Seeking Tenant For Southern Marketplace
I work for a company that owns a shopping center in Southern Maryland, specifically Oxon Hill. The area that we're working with is highly underserved, so we are looking to welcome new businesses that could help us out. We currently have a Guatemalan dine\-in/carryout, a Chinese carry\-out, and a Soul Food carry\-out. We also have a furniture store, a convenience store, a supermarket, a hair salon, a dentist's office, a nail salon, and a functioning beauty supply store that we are hoping to replace. 

We will soon be welcoming a radio station into our space that will be running podcasts that visitors will be able to watch the progression of from outside. We'll be pairing this space with a small cafe so that visitors will be able to enjoy some food and listen to podcasts at the same time. If you or anyone you may know would be interested in helping out with our revitalization efforts, please let me know through here or through email at [somainnovation.172@gmail.com](mailto:somainnovation.172@gmail.com).

Many thanks.

https://i.redd.it/wdve9r4zes311.jpg

https://i.redd.it/jsaicq4zes311.jpg

https://i.redd.it/z4m78v4zes311.jpg
[{"id": "e0m2yre", "text": "Do you mind sharing how you are able to find business owners to take up shop? Looks interesting", "replies": [{"id": "e0m5i3i", "text": "This is about to sound weird, but it gets the job done. I was recently able to get a couple solid hits by going to Yelp, looking up businesses that fit the needs of the shopping center, check what customers think of course, and then send them messages over email, facebook, or via phone. We really want to not only give our community what they need and want, but also to give back to them. \nSomething I suggested to the owners was putting in some kind of repair shop, but their concern was that since there are so many technological innovations currently taking place, their demand could decrease over the years. Not to mention that the market is mostly taken up by auto shops and Best Buys. ", "replies": [{"id": "e0m877m", "text": "That sounds like a really solid approach.\n\nDo you work on this alone? How many new contacts do you try to make every day, or every week? Are you an exclusive agent for the property?", "replies": [{"id": "e0m9w89", "text": "I work for a small company that owns a few properties, a couple residential, a commercial (this one), and a vacation rental in Barbados. We're small and we're doing our best to boost, but at the moment we're managing. ", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "e0nhc5u", "text": "Is there a site plan you could provide? Also, assuming you have done this but have you reached out to local retail brokerage firms on this project? Although some will want to pitch for the listing I guarantee they represent tenants that would be a great fit. I work in retail brokerage in AZ and work on strictly ground up retail developments and existing shopping centers so feel free to reach out with any questions!", "replies": [{"id": "e0nuh2t", "text": "We have had a couple reach out to us. Thing is, we can't necessarily fund someone else's concept. If the hits I got don't work out, I'll go back to this", "replies": [], "depth": 2}], "depth": 1}, {"id": "e1fx708", "text": "I do something really similar in NJ, your renderings are very nice, we have the same customer base and demographics on my projects\n\nWhat's your pricing? How do you arrange net charges when working with new construction? I've been going with gross leases in order to secure tenants.\n\n[https://imgur.com/VRvavE7](https://imgur.com/VRvavE7)", "replies": [{"id": "e1g4pt6", "text": "Our pricing depends largely on the space. For example, our $1,300 square foot areas are about 2k - 3k per month while our 10,000 square foot space that we're renovating would be higher. Our supermarket pays around the same amount we'd charge for the 10,000 square foot I think. Since our space isn't new, there's a lot that we [now] don't really have to worry about, thank god. ", "replies": [{"id": "e1g8g4j", "text": "Net or gross?", "replies": [{"id": "e1g9r7w", "text": "Gross", "replies": [{"id": "e1gd1ew", "text": "Good deal. You'll move that\nFood uses are the way to go here.", "replies": [{"id": "e1ge1xw", "text": "Thank you! Were you ever in Maryland?", "replies": [{"id": "e1ghl8a", "text": "Of course. Though I havent ventured south of Pennsylvania in my career. There reaches a point where I simply can't move the spaces because I need to be there. I don't think we can rely on brokers for neighborhood retail because the value add gets whittled down to a $/SF.\n\nThat's coming from a commercial broker of 20 years. My developments would be empty if I left them to the neighborhood brokers. My office spaces or prime real estate would have done better with a broker though.", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]