Shopping Centre Management
Comprehensive Retail Management
At Gross Waddell, we provide our clients with a comprehensive retail management offering spanning Greenfield Retail consultancy, pre-leasing, centre opening, ongoing centre & financial management, leasing, operations and casual mall leasing, all reflective of Gross Waddell’s purpose of achieving great property outcomes for our clients. We have developed one of Melbourne’s most proactive retail teams, including a specialist Shopping Centre team.
We manage in excess of 270,000 sqm of retail property with our team of retail specialists delivering their management, financial and operational expertise to the benefit of centres within our retail management portfolio.
Intelligent, straight forward thinking
Our approach is intelligent, based on straight forward thinking underpinned by our vast industry experience across all retail property sectors. Aligned to our clients interest we work as ‘one of their team’, helping to achieve maximum returns on their retail investments.
- Retail Design consultancy for Greenfield Sites with master planned community centres
- Asset Management Plans
- Budgeting & Forecasting
- Customised Financial Reporting Pre-leasing to majors and specialties
- Lease administration, tenant liaison and expenditure management
- Centre onboarding
- Shopping Centre Marketing
Through enhanced relationships and understanding manage both tenant and suppliers to achieve reduced arrears and operating costs, reduce risk and consistently strive to maximise the value of the centers within our portfolio.
Accurately record and report in a clear and concise manner the monthly financial performance of the centres on either a cash or accrual basis.
Securing the anchor/major tenant through the depth of our relationship with Coles, Woolworths and growing relationship with Aldi, in a collaborative manner underpins the success of future leasing initiatives as they unfold during development.
We can perform individual or multiple elements of the centre management suite of services.
Additional income is generated through our focus and willingness to actively encourage casual mall leasing generating additional revenue at centers within our portfolio.
The clever positioning of centers is crucial in a crowded retail marketplace and we constantly review this critical aspect of centres performance maximising the opportunity to drive sales, retain and attract new tenants, and continually add to the value of the centres.
From an experienced centre management perspective we inject the intelligence required to achieve outstanding development solutions from inception to launch, supported by bespoke leasing and marketing initiatives. Gross Waddell is one of the few agencies capable of providing this service.
An integrated approach to the re-design of aging centres implementing tenant relocation and remix solutions and reactivating centres into the current retail environment. Develop and adopt a retail strategy based on catchment area demographics and analysis of current consumer trends to add to the performance of the centre and replace capital value.
Unsurpassed depth in market knowledge provides our platform for maximising capital returns, complemented by our data base of retail purchasers refined over many market cycles bringing enormous value to the sales process.
Lascorp Development Group (Aust) Pty Ltd has utilized the services of Gross Waddell for the sales, leasing and management advice for some of our major shopping centre assets for over 15 years. During this time, we have found Gross Waddell to be completely professional in their dealings, fulfilling our expectations and executing their responsibilities in an efficient manner.
I write to acknowledge the long-standing relationship Woolworths Limited has had with Gross Waddell and our view that they are an industry leader across many facets of the property market. As such I have no hesitation in recommending Gross Waddell as a highly competent organization to manage a shopping centre portfolio for potential clients.
Gross Waddell’s property management led by Tony Aarons and Michael Gross has assisted us to maintain high occupancy rates, continued rental growth and low tenant turnover.
03 9654 8666
Level 6, 60 Collins Street
Melbourne VIC 3000
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When you call us, it goes through to real people not a voice recording. When you email us, real people respond - not an automation. At Gross Waddell we provide the exceptional service we would want to experience ourselves.