What makes us Special
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For Tenants, flagshipEra identifies the location, location, location to embody our Tenant's brand.
For Landlords, flagshipEra identifies the Tenants who most benefit the properties we represent.
With over 30 years of experience, flagshipEra consistently matches tenant to space, in thoughtful ways, so Owner and Tenant are satisfied, with near and long-term needs met.
Branding: The best marketing tells the story of a brand...a LEGEND. Creating and amplifying brand LEGENDS in a physical space highlight digital offerings, increase wholesale potential and amplify a brand's visionaries. The perfect store aligns with the area’s natural mojo, its residents, workers, tourists, and its visibility, aesthetic appeal and heritage become brand LEGENDS. Stores showcase craftsmanship, taste, lifestyle and offer inspirational potential through staff interaction, in-store activity potential and allow expanded product offerings and market testing. Additionally, it can leverage influencer and ambassador contacts for intros / collaborations, leading to potential viral and other media moments.
The immersive experience of physical interaction creates the openings for real omni-channel customer engagement, for membership, and for interaction.
Personalized services, such as dining and entertainment venues, medical and pet services, and localized services like cleaning or repair, can build a far-reaching brand reputation and scale efficiently through positive media coverage or through 3rd party sites. No offense to the Traditional Media outlets, such as magazines and TV, or Social Media outlets. but online platforms like Yelp, GrubHub, and ZocDoc having a community support message, provides experiential spotlight, stemming from physical presence, that can make non-flagship spaces function even better than a prime space ever could. Frontage, ceiling heights, promoters, followers, online presentation and more can significantly enhance brand visibility and customer loyalty.
Utilizing fulfillment locations, such as ghost kitchens, allows these businesses to minimize expansion costs.
Importance of physical retail locations
According to US Census, in-store shopping still earns more sales dollars than online shopping. American consumers spent $7.071 trillion in retail stores and $1.257 trillion online in 2023.*
In the first two (2) months of 2024, consumers spent a monthly average of $643 billion on retail, 16.0% of it from e-commerce.
The monthly record for online purchases was 17.4% of retail sales dollars in November 2023.
The e-commerce share of total retail sales dollars has increased at an average annual rate of 7.34% since 1995.
Becoming Your Strategic Partner
We all need to mobilize professionals to help us execute winning strategies.
flagshipEra builds on your efforts, whether your firm has an internal real estate development office or the CEO is directly responsible for site selection. In many cases, we not only locate and negotiate winning deals, but also refer vetted resources from attorneys, expediters, architects, contractors, engineers, business insurance firms, to credit card processing companies and potential investors. All the people you can rely on to get the job done in a quick and efficient manner.
Many high-profile restaurants and retailers come to us to get a deal flow rundown, review opportunities and to handle the delicate task of executing their expansion plan.
In the same vein, our many Landlords know that we see market deal flow and come to us, first, to discuss replacing a struggling retailer or restaurant with one that is more dynamic.
We mine our databases for relevant information, craft a story for a Tenant or a Landlord that is credible and creative, then bring it to the appropriate counter-parties, without breaching confidentialities.
With our team on board, you and your investors can feel confident that all angles are tried, weighted and measured.
Seeing Transactions Differently
There are many ways in a lease to charge a Tenant and for a Landlord to protect themselves.
We see beyond base rent, utilities, operating escalations and taxes, to keep in mind real costs, such as condenser water charges, overtime HVAC, construction, labor, moving, networking, telecom, professional fees, security, and other lease provisions, such as demolition and termination rights.
Diplomacy is key when handling sensitive negotiations with Landlords, incoming and outgoing Tenants, and Attorneys. We are skilled at navigating these hurdles and those presented by liquor licenses, zoning codes, Public Assembly, storefronts, and area development, which delay or leads to impossible terms.
With our group’s varied backgrounds in different industries, we also have a unique understanding of all positions in the Landlord, Investor and Tenant stack, and differences between cash issues versus proforma and income realities. We add value in assessing and presenting balance sheet and income.
Deals come in droves, once a great potential tenancy or space is revealed to the market, and certainly when newsworthy items hit the zeitgeist of the scene. Our representation ensures your bandwidth is limited, so you can concentrate on your core focus, with the confidence your are well represented, and you will be notified of both our progress, regularly, and you get targeted advice to seize opportunity's narrow window.
Negotiating on Your Behalf for both our Landlord and Tenant clients...
As your Tenant representative, with our vast experience, we help to craft and present the pitch for a space in the best possible light, considering opportunities in a market. We will help to craft a the explanation for how and why your concept will impact a particular tenancy to help landlords and agents focus on a Tenant's most attractive attributes, beyond just $$.
As your Landlord representative, we help to craft and present the pitch to a Tenant in the best possible light, considering opportunities in the market. We will help to craft a the explanation for how and why your space will impact a Brand's vision to help their principals, investors, advisors and agents focus on the space's most attractive attributes, beyond just $$.
In the negotiation, itself, we will keep the conversation focused on how great this particular occupancy would be for a property or the brand, rather than how much either wants the deal.
Once deals are targeted, a flagshipEra Team will give a high-level financial analysis on a deal-net and cash basis, along with guarantee obligations, so our Tenants and Owners can not only understand their obligations and protections fully, but also are able to compare options on an “Apples-to-Apples” basis.
The result is simply that our Tenants and our Landlords walk away looking at their illiquid transaction in the most liquid manner, and everyone wins.
EXPERIENCE MATTERS
flagshipEra works quietly and diligently, leveraging extensive personal networks and knowledge of the true players in a market, to always provide professional, personal, erudite services, with integrity...and our deals feature tenants who leverage LEGENDS for the modern marketplace.
flagshipEra provides apples-to-apples basis comparisons (the true comparison) of opportunities, including capital costs in the equation.
You can rest assured knowing flagshipEra will make you look good. We have has experienced many types of transactions, with groups from every walk...public/private, local/regional/national/international, individuals/families/boards, from couture to casual to value, and from fashion, to hospitality, services, gourmet markets, fitness, wellness, fulfillment, office, investment, industrial & more.
flagshipEra gets you...reach out and we will help you to handle your requirement(s).
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