Our Services
Tenant Representation
We evaluate new markets, and develop and implement strategic plans—for market entry, or market repositioning and expansion—for numerous local retailers, and regional and national chains. The objective is to secure and/or create the best sites in the market, thus achieving optimal store representation in the market area.
Project Leasing
Guggenheim Inc. understands the high level of commitment necessary to ensure the immediate and long-term success of a shopping center. Our expert merchandising and retail strategies gives owners a leading edge in the marketing and leasing of retail space.
Development/Redevelopment
We provide assistance to property owners who require development assistance. We add value to a project from its inception to its completion with services including leasing programs and comprehensive redevelopment strategies.
Receivership/Deed-in-Lieu
We provide lenders, special servicers and financial institutions the following services as it relates to distressed and troubled assets.
- Valuation Services
- Market Analysis
- Property Management
- Leasing
- Disposition
Disposition
We represent retailers and landlords in the disposition of their properties. We create and implement a marketing program that is tailored to the specific characteristics of the properties. The program is then aggressively marketed to a well-defined and targeted prospect base.
Management
Guggenheim Inc. has the experience and established relationships to manage your property in the most efficient and cost effective manner, ensuring operational consistency and maximum returns. Services offered include:
- financial reporting
- day to day operations and maintenance
- budget preparation and accountability
- property condition reports and evaluation of deferred maintenance issues
- life and safety issues
- tenant/employee relations
- contract negotiation and management
Investment Advisory
One of our greatest strengths is to help investors and retailers acquire properties throughout Northeastern Ohio. We utilize our market knowledge to build an acquisition or disposal program based upon the unique requirements of each client. |
Guggenheim Realty has been managing, leasing and marketing our commercial properties in Ohio since 2003. In those years, they have handled retail properties ranging from stand-alone "big boxes" to an enclosed regional mall. The office properties have included both small and large, CBD and suburban. Given that LNR's role in all of these has been as the foreclosing lender, the properties have all been distressed at the time to Guggenheim. In each of these assets, Guggenheim has managed competently, leases to exceed sub-market norms, and sold at prices substantially in excess of appraised value.
On the administrative side, Guggenheim has one of the most competent "back rooms" on any of the firms we use throughout the country. Although they are a small organization, their financial controls, reporting, budgeting, and administrative functions are on par with any of the national firms.
Rod Lauredo
Asset Manager |
