Ken Leonard is an Expert in all matters relating to
Retail Stores, Shopping Centers, Malls, and Retail Real Estate. Mr. Leonard is a Consultant with over 35 years of experience in his field of expertise. He has the distinction of being one of the very few industry experts who has held senior executive positions with both Fortune 100 retailers and shopping center developers. Mr. Leonard has had direct responsibility for all phases of developing or redeveloping over 7 million square feet of Regional Malls, Strip Centers, Free Standing Stores, and Warehouses.
Ken Leonard's Consulting Practice is devoted primarily to serving small and mid-sized Retailers, Developers, REITs, Private Equity Firms and Law Firms. He is available to provide
Litigation Support, Expert Witness and Due Diligence Services.
Real Estate Areas of Expertise Include:
| DevelopmentManagementLeasingOperationsPlanningSite PlanningTraffic and Parking Lot PlanningLease NegotiationsPurchase / Sale Due Diligence | Landlord / Tenant DisputesStandards and PracticesConflict of InterestAnchor Tenant NegotiationsConstructionRetailer / REIT Portfolio ValuationDesign / Development of Mixed Use ProjectsTrade Area AnalysisLocation Strategy |
General Growth Dumps Its' Troubled Properties
General Growth plans to sell 30 malls totalling 21.1 million square feet for a price they are estimating will be between $1.9 billion and $2.2 billion. According to their announcement, their current portfolio is 87.7% leased and occupied. Their announcement included a sample of the quality of mall that would be included in this distressed portfolio as Spring Hill Mall in West Dundee, IL.