Value-Add Plan Targets Fitness, Lobby, Commons 🛠️

Table of Contents

• Renewal Strategy Play

• Latest News

• Property Management Upgrade Move

Click-to-Sign Renewal Pack

When a tenant is 3 to 9 months from expiry and basically happy, use a pre-built, e-sign renewal pack instead of restarting a full negotiation. The core idea: send a short, pre-approved amendment with simple economics and a modest refresh so renewals become a fast, low-friction workflow rather than a one-off project.

3 quick steps:

1. Template the deal: Create a standard 2 to 3 page renewal amendment with pre-approved term lengths, escalations, and a light refresh allowance that works for most tenants in that asset.

2. Pre-fill and send: At 3 to 9 months out, drop in tenant specifics (rent, term, dates, minor tweaks), attach a one-page summary, and send via e-sign with a short email framing it as your simple, no-drama renewal path.

3. Track and follow up: Use a simple tracker to monitor opens and signatures, follow up with a call only where needed, then immediately update WALT, lender packages, and internal dashboards once signed.

Expected result: 

Higher and earlier renewal capture, less time lost in legal and back-and-forth, and a repeatable renewal machine your team can run with minimal effort across office, retail, and industrial assets.

🏗️ $40M 260,000 SF 1 North Dale Mabry Trades in Tampa Short Sale

A JV led by Enverra Real Estate Partners acquired 1 North Dale Mabry, a 13-story, 260,000 SF office tower in Tampa’s Westshore submarket. The report cites a $40M short sale about five years after the prior owner bought it for $56.5M, and the new owner plans $4M in upgrades, including a coffee bar, terrace improvements, and common-area updates. See full article.

Why this matters (fast take):

• 📍Site & Scale: Westshore location and 260,000 SF size, with a defined amenity and common-area upgrade plan.

• 📈Timeline & Market: The $56.5M to $40M reset plus $4M capex is a clean signal of office price discovery and near-term repositioning.

🏗️ $57M Refi Secured for 422,337 SF Brook Highland Plaza

CBRE arranged a $57M refinancing for Brook Highland Plaza, a 422,337 SF power center on 52 acres along U.S. Highway 280 in Birmingham. The asset was 94.4% leased, with tenants including Sprouts Farmers Market, Best Buy, and Burlington, and the borrower was First National Realty Partners. See full article.

Fast take:

• 📍Site & Scale: 422,337 SF on 52 acres in a major retail corridor, with large-format tenancy.

• 📈 Timeline & Market: A sizable $57M refi on 94.4% leased space shows lenders will still back well-leased power retail.

🏗️ $15.6M C-PACE Backs 103,000 SF The Lumin Office Project

Bayview PACE provided $15.6M in C-PACE financing for The Lumin, a 103,000 SF speculative office project under construction in Bryan. The building sits within the 350-acre Lake Walk master-planned development and includes ground-floor retail and an on-site parking garage, with completion expected in spring 2027, and William Cole Cos. as borrower. See full article.

Fast take:

• 📍 Site & Scale: 103,000 SF inside a 350-acre master plan, with retail and parking integrated into the program.

• 📈 Timeline & Market: A defined delivery target, spring 2027, plus C-PACE capital, shows how sponsors are structuring office builds today.

Freight & Loading Dock Scheduling System

In many multi-tenant buildings, freight elevators and loading docks are run on a first-come, first-served basis. That leads to double-booked moves, angry tenants, and security teams improvising schedules at the worst possible times. A simple scheduling system brings order and predictability in 1–2 quarters.

3 Steps to Roll This Out:

1. Map current demand and rules: Review the last 60–90 days of moves and deliveries, note peak days and hours, and write a one-page rule set (booking windows, maximum durations, blackout times, overtime requirements).

2. Stand up a booking tool: Use a basic online calendar or portal where tenants (or their movers) must reserve freight and dock slots, with auto-confirmations and clear instructions.

3. Train and enforce at the dock: Train security and building staff to verify bookings at check-in, log arrivals and overruns, and redirect unscheduled users to open slots only.

Expected result: 

Within 1–2 quarters, you should see fewer dock and freight complaints, more predictable move and delivery days, and measurable reductions in overtime and operational disruption.

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