REAL ESTATE

Home Depot selects National Tenant Network for Pro Xtra site

BY Dan Berthiaume

Atlanta – The Home Depot has selected National Tenant Network to assist property owners, managers and investors on its new Pro Xtra site. Home Depot’s Pro Xtra will enhance existing Pro Desk programs, as well as add new benefits for members.

Access to NTN’s experience in tenant screening and selection and to educational articles by NTN for investors and property managers will be available on the Pro Xtra site as additional resources for industry professionals. NTN will also connect with investors through the Home Depot RenoWalk application, which allows Home Depot Pro members to customize property renovations, search for materials and learn how to protect the property investment once it is ready to rent.

National Tenant Network’s own application, NTN SecureMobile, will soon be available to NTN subscribers, allowing tenant screening and selection to be completed from an iPad in the field.

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G.Avgerakis says:
Dec-11-2013 12:35 am

The brilliance of NTN's programming will be wasted on the Home Depot Pro Xtra site until Home Depot corrects its program's propensity to forget user names and passwords. Furthermore, Home Depot has employed a group of abusive tech support people who insult customers who try to fix the log-in problem. It would be nice to review NTN's facilities, but this was not possible as of 12/10/13.

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REAL ESTATE

Riverwalk names outlet tenants

BY Michael Fickes

Dallas and New Orleans — The Howard Hughes Corp. has announced the tenant lineup for the redevelopment of Riverwalk Marketplace in New Orleans. The $70 million renovation is transforming the aging mall into The Outlet Collection at Riverwalk, the nation’s first downtown outlet center.

According to Hughes Corp., virtually all of the space in the new Riverwalk has been committed, and well-known national outlet retailers and popular local retail, dining and entertainment offerings hold 94% of the leases.

National names include Last Call Studio by Neiman Marcus, Coach Men’s Factory Store, Tommy Bahama, Toby Keith’s I Love This Bar & Grill, Hartstrings Childrenswear, U.S. Polo Assn. Outlet, It’Sugar, Sunglass Warehouse, red Mango and New Balance Factory Stores. All told, the newly released tenant list includes about 70 names.

The redevelopment will expand the center by 50,000 sq. ft. to an approximate total of 250,000 sq. ft. Interior demolition and other construction activities are underway. The property plans to reopen in the late spring or early summer of 2014.

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REAL ESTATE

Savills and SRS Real Estate form alliance

BY Michael Fickes

Dallas — Savills, a global real estate services provider listed on the London Stock Exchange, has announced the formation of a strategic alliance with SRS Real Estate Partners — the largest real estate firm exclusively dedicated to servicing retail clients in the U.S.

The alliance will act as a bridge between U.S. and U.K. markets and provide Savills’ and SRS’s retail clients access to expert advise about growing internationally

SRS operates more than 20 offices across the U.S. Savills has an international network of more than 500 offices and associates throughout the Americas, the U.K., continental Europe, Asia Pacific, Africa and the Middle East. Together, Savills and SRS will have a global network of more than 520 offices.

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