Retail Developments

Herndon’s portfolio of retail properties is composed of shopping centers anchored by big box stores in long term leases.  Typically, these stores offer product lines such as home improvement or groceries, which are less vulnerable to disruption by online players. These credit tenants provide the stability necessary to ensure consistent revenues through economic fluctuations while also generating traffic to help support smaller tenants in adjoining spaces.

Our retail portfolio is weighted in favor of tenants serving a broad swathe of the socioeconomic spectrum, but we do have several centers dedicated to the luxury segment. These trophy assets are located in the heart of longstanding enclaves of wealth, and cater to a clientele that demands only the finest, in-person service.

Looking to the longer term, Herndon also examines the potential value of the underlying land when acquiring properties.  If unforeseen shifts in consumer shopping patterns arise, we are then in a position to profitably redevelop the parcel for residential or mixed-use purposes.

Send Us a Message

Submit the form below or give us a call to discover how we can help.

Our Offices

NEW YORK, NY, USA

Address: 245, Park Avenue, 39th Floor, New York, NY 10167, USA

Phone: +1 646-583-2153

Email: info@herndonfunds.com

RESTON, VA, USA

Address: 12020, Sunrise Valley Drive, Suite 100, Reston, Virginia, USA - 20191

Phone:+1 703-391-2739

ZUG, SWITZERLAND

Address: Grafenauweg 10, 6301 Zug, Switzerland

Phone:+ 41 445-865-647