Operations

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