What Marino Locations Can do for You

As a Retailer

Along with selecting optimum locations for your retail concept, Marino Locations can also guide retailers through the ins and outs of expected rents, restrictions, landlord requirements and other details that factor in a successful conclusion of a negotiated lease. This guidance can be particularly valuable if you are a new retailer, or are looking to operate in a new market. Marino Locations can also facilitate cross country expansions with geospatial tools showing where negotiations are happening, their status, as well as other data showing competitors, competitor’s sales data, traffic data, and other data overlays to help determine ideal locations and keep track of your expansion program. Marino Locations has had a great ercord of helping retailers decide where NOT TO GO, so as to avoid costly mistakes with bad stores. One bad store can take overshadow 2-3 good stores, profits and take up more than its share of management time and attention.

Marino Locations can also show you where to edit the lease to avoid costly hidden recharges from landlords and key commonly accepted step down changes to lease clauses on critical issues

As a Landlord

Marino Locations is FOCUSED on retail real estate, and as such, we are well suited to assist landlords with a targeted approach to finding the right tenant for each space at the highest rent specific for that tenant. Constantly up to date with the current rent & other terms, for each major retailer, Marino Locations does provide the most accurate pro-forma for a retail project. If you are new landlord, or have never managed retail spaces before – Marino Locations can assist you with the creation of a proforma to achieve your target cap rate, and also develop a plan of candidate retailers that can be approached that can pay the required rents that fulfill the goal of your proforma.

As a Buyer/Investor

Marino Locations, as a fully licensed brokerage, can negotiate and conclude the purchases of commercial properties. If you are an investment firm, and are interested in a property that has a retail component, Marino Locations can do an analysis of the property, and the rent roll to advise who is paying to little and who is paying too much that they cannot sustain.

MLL can create a mark to market proforma with a specific cap rate showing you the possible improved performance of the retail component, based on rents and expected gross retail occupancy cost for a tenant type, and create an initial plan of negotiations (what we call a depth chart) of which retailers can be approached to achieve the desired replacements and improvement.

As a Seller

Marino Locations is a licensed brokerage and can negotiate and conclude the sale of your commercial property, or retail business. Our decades of experience and interaction with the retail real estate market would be used to assist you in connecting with potential buyers to purchase your property or business.