How to Keep Your Shopping Center Leased

Shopping Center 3

Who remembers getting the JC Penney’s Christmas catalog as a child?  Besides having more than enough toys to go around, big department stores had something for everyone no matter the shopping occasion.  A family could easily spend an hour or so browsing the store’s shelves, and that’s even before going to the toy section.

Today, the 1-stop-shop department stores are fewer and fewer, creating vacancies in older shopping centers that single tenants simply can’t fill. To keep these centers current, occupied, and profitable, a restructuring of leasing spaces and a façade refresh is needed to attract a wider range of tenants.  A current project at JL Architects does just that.

Shopping Center 1

Located in New Jersey, this shopping center had 2 large vacancies, one at 33,000 sf and one at 45,000 sf. To appeal to a wider range of tenants, the building footprint was reduced at the rear wall, and the two spaces were converted to 4 spaces. In addition to reducing the building depth by roughly 11,000 sf, the front elevation was reworked, and tailored to potential tenants.

Shopping Center 2

Currently, this project is under construction, and soon we will turnover the first tenant space for interior work.  Our client is anxiously looking forward to a newly occupied shopping center with a fresh look, new leases, and increased profitability.

Brandon Runnels, GGP

Architectural Designer