“We see the evolution of retail as an opportunity to create strategic investment opportunities.”
-Jonathan Schurgin, Chief Investment Officer
The Festival Companies is a value-creation specialist with 40 years of results based on an agile, opportunistic investment strategy that undertakes complex deals and transforms them into core retail investments. Festival targets properties in major metropolitan regions with complex impediments to new development that have value-add opportunity through redevelopment or revitalization, expert management, and operations.
Through its unique vision, leasing acuity, and investment savviness, The Festival Companies is known for creating compelling asset value. Value that transcends economic cycles and capitalizes on the evolution of retail and market shifts to create strategic investment opportunities for institutional partners and the private investor.
Our portfolio includes the creation and operation of iconic retail locations, vibrant urban-infill destinations, and thriving neighborhood, community and mixed-use assets. Festival’s core retail strength in all retail asset classes is a valuable platform to our investment partners.
Our in-house structure and integrated approach spans the lifecycle of each asset within our portfolio. Our expertise starts when an existing property is acquired or developed from the ground up, and continues as it flourishes through to stabilization as a core asset and onto long-term ownership, management, and continued value appreciation.
Whether repositioning an acquired asset or capitalizing on a ground-up opportunity, Festival’s expertise comes into play.
Major Center Investments
- $20 million+
- Emphasis on value add and repositioning
- Urban and high street retail
- Open-air lifestyle, Regional Malls
- Power Centers, Community Centers
Small Center Investments
- $2 million to $20 million
- Emphasis on value add or repositioning
- Free standing retail
- Neighborhood centers
- Land, Vacant buildings