Braddock Square
Libby recognized the value-add potential for Braddock Square. Located in a high-traffic area at the base of the Cumberland Mall, Libby saw the need for additional retail in this market. Libby was able to attract such big name tenants as Wal-Mart and later Kohl's, as well as buy out the ACME Supermarket lease and replace it with a state-of-the-art 68,000 square foot Giant Supermarket.More >
Libby takes a hands-on approach to its redevelopment projects. Prior to moving forward with a project or making an offer, the Libby team goes through an extensive review process to determine the viability of a particular project. Here's what you can expect when working with Libby:
- Strong relationships with an extensive network of brokers throughout the U.S. to identify prospective properties.
- Analyze, conduct research and evaluate the specific center and the surrounding marketplace (demographics, potential to attract tenants, etc.).
- Gather input from appraisers, current tenants and internal staff.
- A rigorous internal review of the risks, both positive and negative, of each transaction.
- A purchase decision based on fact - never on speculation or hope.