Operations

Icon: Property Management

Property Management

Specialized teams dedicated to property maintenance and tenant relations
Icon: Asset Management

Asset Management

Experienced real estate professionals focused managing risk and preserving value in our portfolio
Icon: Leasing

Leasing

Knowledgeable leasing professionals driven to develop and maintain strong relationships with retailers, corporations and brokers

Active Portfolio Management: A Holistic Approach

Active Portfolio Management

Major Retailer “Blends and Extends” a Flat Lease

Asset and Property Management | Philadelphia, PA

VEREIT’s Asset Management team worked with TJX on a “blend and extend” whereby the tenant agreed to extend the original flat lease 20 years with annual rental increases. Through this transaction, VEREIT reduced transaction costs by not paying leasing commissions or contributing to tenant improvement costs, while extending the lease. Read More.

Asset and Property Management