Saturday, February 12, 2011

Renovation

A great bottom-line solution to your need for retail space is renovation rahter than new build.

In today's economy, renovating your existing property is one of the most cost-effective ways of drawing the attention of both tenants and customers.

Renovating your property can bring new financial strength to your bottom line.  With ground-up development opportunities limited in today's economy, and small shop tenants struggling with limited access to credit and weak sales, a great renovation can help:
  • Fill empty space.
  • Bring in tenants with stronger financials, limiting your financial exposure
Increased cash flow is vital.  By enhancing your existing property, with its proven market and established neiughborhood, you are achieving that goal in a direct way.

In a market where competition for tenants is intense, putting a new face on your property may be the difference maker in getting retailers to sign on the bottom line and turn them into tenants.

Consider renovation over new build.  Visit www.sykesconstruction.com.

The Sykes Team

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