Broad Reach Treats Your Property Like It’s Our Own
Broad Reach Retail Partners understands the dynamics and intricacies of managing a retail or commercial property. We have the unique ability to apply our extensive skills, cutting-edge technologies, and fully integrated services to deliver best-in-class retail property management services for property owners, landlords, investors, and potential tenants.
Commercial and retail real estate owners depend on us to match them with extensively screened and perfectly matched tenants. Our associations with engineers, architects, contractors, real estate experts, and major retailers provide numerous value-added benefits to our clients.
We examine market, business, and industry dynamics to align our real estate solutions with your business objectives.
Our Property Management Services
Property Management is About Asset Appreciation & Cashflow
As owners of shopping centers, we not only understand this, we live it every day. The key is developing a comprehensive plan that maximizes the full potential of each property. Our experienced team includes property managers and relationships with outside vendors, accountants, leasing agents, and marketing groups that have both the focused attention and experience to ensure your property cashflow is maximized and asset appreciation occurs.
Broad Reach Retail brings an owner’s perspective to all we do, from acquisitions to leasing to property management. We strive to create a synergistic atmosphere amid existing tenants and continually focus on adding value to our clients through dispositions and financing. As a leading shopping center property management company serving Maryland and Texas, we have a singular focus on necessity-based retail. Our track record includes:
- 92% tenant retention rate.
- 77% average occupancy of shopping center at acquisition.
- 94% average occupancy of the shopping center at stabilization.
- 4.3 million square feet managed.
- 49 shopping centers owned or managed.
With an exceptional commercial property management team to drive brokerage, property management, acquisitions, leasing, and investor relations, we are experts at effectively navigating the shifting waters of retail real estate. Since 2006, we have been creating value for partners, properties, and the surrounding communities in which we buy, manage, and lease shopping centers.
Our key approach is listening to the owner’s goals and objectives and then developing a focused action plan that meets these criteria. This may include but is not limited to:
Vision
Focused property-specific plans that start with an annual budget.
With combined experience of over 130 years in the industry, Broad Reach Retail Partners knows how to leverage nationwide relationships to help both landlords and business owners solve leasing needs and maximize profitability.
Our mission as a leading commercial property management company is to change the course of retail shopping centers by adding value for all involved.
Focus
On income stream — market rental and operating rates, lease administration, billing, and collection.
Broad Reach Retail Partners serves the people who live in each community by striving to improve properties with high-value retail property management services. We build value for all involved, including people, partners, and properties.
Value Engineering
Reducing operating expenses through real estate tax analysis, reduced construction costs, debt options.
Broad Reach is a retail property management company that continually adds value to our clients through financing and dispositions. We partner with you to help you achieve your business goals and accelerate the success of your commercial property. Our forward-looking management team is ready to help you unlock your property’s potential, from time-sensitive deals to highly complex transactions.
We understand that every community needs a local marketplace that provides a convenient mix of goods and services. This need can be met with a well-merchandised, grocery-anchored, well-run shopping center.
Our necessity-based, grocery-anchored dispositions with retail shopping centers bring unequaled value to clients, tenants, properties, and communities by:
- Managing controlled, orderly liquidation to help companies minimize customer attrition and maximize returns.
- Executing clearance sales to transform merchandise into working capital quickly.
- Maximizing inventory value for our clients with customer retention programs.
We Create Value in Communities
Broad Reach’s success is due to a singular focus on necessity-based retail and a unique vision that focuses on building value for all involved including our properties, partners, and people. One of the ways we do this is through properly servicing the needs of our tenants and proactively maintaining the physical elements of our properties.
Does your unit or property need attention? Fill out our Tenant Maintenance Form and let us know! We invite you to reach out to us today to learn more about our disposition services and investment opportunities.
Meet the Property Management Team
Jeff Wright
Senior Property Manager
Jeff Wright joins Broad Reach as the Senior Property Manager. Before coming to BRRP, Jeff most recently worked with Big V Property Group in Atlanta to manage shopping centers across the country, as well as some in his local market. He kicked off his real estate career in 2009 by managing class A storage buildings and some grocery anchored shopping centers based in Charlotte, NC, after graduating from Wake Forest University. He has great enthusiasm and will add amazing value to our team and our tenants.
When not putting out fires or cleaning up tornadoes for work, he enjoys good food, travel, and taking his lab to the park for endless rounds of fetch.
Alex Kipp
Assistant Property Manager
Alex Kipp is joining Broad Reach in 2023 as an Assistant Property Manager. Alex graduated from Bob Jones University with a Sports Management degree and a minor in Business. He then went on to receive his master’s degree from Messiah University. Prior to Broad Reach, he coached college basketball at the NCAA D3 level for three years. He served as the recruiting and travel coordinator as well as managed day to day operations within the program.
Alex grew up a Baltimore Orioles fan and enjoys being acquainted with all levels within the organization. In his spare time, he enjoys traveling, sports, and spending time with his wife Ashli, son Landon, and dog Bentley.
Steve Ferciot
Property Administrator
Steve joined Broad Reach Retail Partners in January 2019. Steve plays an imperative role at Broad Reach Retail Partners by assisting & managing property management projects as well as day-to-day accounting activities. His career of over 30 years includes Purchasing Manager, Facilities Manager, and Accounting.
Steve earned his Bachelor of Science in Business Administration from Greensboro College in Greensboro, NC. In his spare time, Steve enjoys golfing, boating, and spending time with family.
Glenda Neal
Property Accountant
Allie Jones
Property & Lease Administrator
Allie Jones joined Broad Reach Retail Partners in February 2021 with over five years’ experience as a Property Administrator. Prior to joining Board Reach Retail Partners, she worked as a Property Administrator for St. John Properties, managing a portfolio of over two million square feet and 200 tenants in office and flex space. In her role, she administered all Leases and Amendments, and maintained the tenants’ accounts for her portfolio, including all collection efforts.
Allie holds a Bachelor of Arts degree in Dance from the University of Maryland, Baltimore County. Her hobby is teaching dance to all ages and she has over ten years of experience in teaching.
In her spare time, Allie enjoys traveling, the beach, and spending time with her husband Joe, daughter DellaRae and dog Cali.
We Create Value in Communities
Broad Reach’s success is due to a singular focus on necessity-based retail and a unique vision that focuses on building value for all involved including our properties, partners, and people. One of the ways we do this is through properly servicing the needs of our tenants and proactively maintaining the physical elements of our properties.
Does your unit or property need attention? Fill out our Tenant Maintenance Form and let us know!
Tenant Maintenance Request