Market Overview

Hightower Announces Brand-New Suite of Retail Features

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NEW YORK--(BUSINESS WIRE)--

Hightower, the leading leasing management platform for the commercial real estate industry, today announced a brand new suite of tools dedicated to retail owners.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160519006735/en/

Hightower customers can now store retail-specific data and see their data in a dynamic site plan. (P ...

Hightower customers can now store retail-specific data and see their data in a dynamic site plan. (Photo: Business Wire)

Hightower customers can now store retail-specific data — including retail space type, retail categories, percentage rents, projected annual sales, monthly sales receipts — and see their data in the first-ever dynamic site plan.

"Our business here at Seritage would not function without the Hightower platform," said Shanna Naim, a Leasing Manager at Seritage Growth Properties. "Hightower has created the most efficient and user-friendly way to track, prioritize, and communicate on all leasing activity in our 266 property portfolio. Hightower's reporting functions create superior documents instead of traditional excel sheets."

Here's what you should know about the new product:

  • Your data always in sync, always correct.
    Say goodbye to out of date site plans that live in excel and pdf. The new Hightower site plan saves you time and ensures better data quality by automatically updating with the most recent information.
  • Multiple lenses to understand your business.
    Use different lenses to answer strategic questions about your business. Filter by expiration date, mark-to-market, or rental rate to find the information you need to stay proactive about your asset health.
  • Retailers are different. We capture the data that matters.
    Hightower surfaces the important information about your retail tenants, including retail space type, retail categories, percentage rents, projected annual sales, monthly sales receipts. All stored in Hightower and at your fingertips.

"The new retail functionality allows us to best serve the huge group of retail real estate owners," said Brandon Weber, CEO of Hightower. "We worked with many of our existing customers and prospects to build the best products that matches the workflows and processes of today's retail owner and they can now fully leverage leasing management."

About Hightower

Hightower is the leading end-to-end leasing management platform for the commercial real estate industry that helps brokers and owners save time, improve visibility, and reduce risk in their portfolio. Founded in 2013, Hightower has thousands of customers from around the world using its platform, including Vornado, CBRE, NGKF, Beacon Capital, JLL, Shorenstein and more.

For Hightower
Katie Paxton, 914-266-0860
katie@gethightower.com

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