Property and Asset Management: Turnberry Associates orchestrates a strategic plan that meets the owner’s objectives and direction for the property taking into consideration each property’s unique set of circumstances. As owners ourselves, we apply a comprehensive, proactive approach to the commercial properties we manage, integrating various proficient management programs. These include seeking proposals to manage vendors, negotiation of contracts and management contract terms, supervision of property manager activities focusing on diverse areas, including day-to-day operational responsibilities, on-site physical maintenance, safety and marketing across all touchpoints. As well as service related programs, leasing, temporary tenant program, integrated tenant retention strategic retailer relationships, capital and FF&E review and approvals of banking procedures. Turnberry Associates will conduct a marketability and community outreach assessment to custom tailor our services to meet clients’ individual needs, while increasing the asset value of the property and positioning the property as a good corporate neighbor contributing toward the betterment of the communities in which the center operates.
Leasing Services: Turnberry Associates prides in applying a hands-on approach to leasing that effectively meets revenue projections and enhances cap appreciation. The company’s Initiatives are based on identifying the market, consumer and competitive landscaping to maximize leasing productivity. Over the last 50 years, Turnberry Associates has developed and leased a diverse portfolio of centers with tenant mixes ranging from moderate to luxury. From traditional, non-traditional, anchor stores, restaurants and entertainment venues along with lifestyle and big box retailers. The responsibilities include lease terms, accommodation and services within your property portfolio against current market conditions including tenant demand, end investor demand, property supply and developing trends. We then make clear recommendations on what strategies and initiatives should be pursued to maximize investment value.
Turnberry Associates management staff builds strong relationships with your tenants and they include lease re-gearing, improving tenant mix, additional income generation ideas, re-branding and marketing, refurbishment and development opportunities, sales and acquisitions. Ultimately it’s all about delivering what the clients wants - on time and on budget.
Tenant Representation & Coordination: Turnberry Associates values the importance of our client’s relationship with their tenants. Excellence in quality and consistency toward delivering prompt services are common objectives for the client, tenant, design team and contractors. As developers, we understand the efficiencies required to provide full tenant coordination/construction review services for either owners or tenants. Turnberry Associates can develop construction criteria for owners, coordinate owner or tenant architect through the plan review process and expedite the issuance of building permits to accelerate rent commencement dates and tenant move in.
Turnberry Associates tenant coordination services provides solutions that successfully align ownership goals with retailer objectives. From renovations and expansions to new ground-up developments we manage and execute a plan to deliver the highest potential of each new development. Specific services include, review of lease documents, review of tenant’s design criteria and project schedule, preparation of marketing collateral materials, coordination with all outside entities from designers to contractors to architects, as well as creation of tenant improvement plan.
Integrated Marketing Services: Turnberry Associates has worked extensively over the years in applying a strategic marketing approach to a diverse portfolio of shopping destinations and projects. Our approach has been to connect business strategy with brand strategy, getting from point A to B is a role that marketing manages to achieve longer-term goals. Our plan is to enable each property to sustain a competitive advantage, whereby marketing embraces a 360 strategic marketing view of each assignment or project we engage. By doing so, we create, reinvent and sustain shopping center brands along with its unique attributes as a means of assuring maximum investment return and asset value. In the end, strategic marketing includes four functional areas: 1) having something for people to buy (product), 2) finding people who will buy (a place or product), 3) encouraging people to buy (promotion), 4) and providing value (price for product). Together, these areas of interest form a basis of strategic marketing, and are most successful when applied and integrated with all aspects of planning, design, development, leasing and marketing, operations, and promotions. At Turnberry Associates we believe in R.O.I. and permeate a culture of measurability. Through innovation, marketing recognizes cutting –edge ideas must be implemented within financial objectives and investor expectations. Excellence in quality rendered across all consumer touchpoints. Altogether these core practices will yield profitability for the owner’s property or portfolio and that is our ultimate goal.