Expertise

Our Track Record

Festival has developed more than 150 retail and mixed-use projects and operated more than 400 properties in 23 states in every retail asset class, with a total asset value exceeding $8 billion. Our foundation as a mall and power center developer has evolved over the years, with Festival developing, managing, and redeveloping all kinds of retail properties: neighborhood centers, power centers, lifestyle centers, and single-tenant retail. That knowledge and experience across asset types allow Festival to meet today’s need for experiential retail and mixed-use environments that people passionately embrace.

In Summary

  • 146 Million SqFt Of Retail Space
  • $20.5B in Gross Asset Value
  • Over 6,100 Retail Shops

Since inception, The Festival Companies has been an investment partner with a distinguished group of private, public and institutional investors.

Investment partners value Festival’s in-house structure that spans the lifecycle of an asset. The full integration of services and capabilities begins when a property is acquired or developed and continues on through stabilization of operations, lease-up and on to disposition or long-term management. Investors know Festival brings a wide array of skills to the table on their behalf because our perspective is shaped by intimate involvement in all components and phases of an assets’ lifecycle.

In Summary

  • 146 Million SqFt Of Retail Space
  • $20.5B in Gross Asset Value
  • Over 6,100 Retail Shops

Festival is recognized as a leading developer of distinctive retail centers that capture consumer attention and meet demand. That is achieved by creating sophisticated, modern projects that appeal to brands seeking the precise palette for their wares. Retailers understand carefully crafted retail environments can attract more consumers. Additionally, the Festival is experienced at artfully bringing to life dated properties via re-development joint ventures that add a mix of uses to properties such as hotels, multifamily or new services such as healthcare.

In Summary

  • 146 Million SqFt Of Retail Space
  • $20.5B in Gross Asset Value
  • Over 6,100 Retail Shops

The mix of merchants and merchandise at any retail center must constantly evolve to meet consumers preferences and community demand. Festival’s leasing team is attuned to both market inputs and tenant touch points, and bring decades of experience at every type of property, from luxury, high-street retail and malls to community and neighborhood centers. Teams carefully curate the ideal tenant balance to facilitate long-term success.

In Summary

  • 146 Million SqFt Of Retail Space
  • $20.5B in Gross Asset Value
  • Over 6,100 Retail Shops

Festival’s proven expertise at efficiently managing retail assets results in smoother operations and improved leasing renewal efforts. Our more than four decades owning and operating properties for our own portfolio translates into best practices being applied to third-party management assignments. Ultimately, Festival’s management approach adds up to maximum value being achieved for owners.

In Summary

  • 146 Million SqFt Of Retail Space
  • $20.5B in Gross Asset Value
  • Over 6,100 Retail Shops