In the real estate development world, few names are as widely recognized as Randy Benderson. What makes the Benderson Development leader a standout in the industry is not only the diversity of his company’s investments but also the fact that his real estate investing skills have stood the test of time. One arm of the company that is particularly impressive in today’s market is the retail arm.
In recent months, retail stores in the United States have experienced a retail apocalypse of sorts, with many shuttering their doors in the wake of an increased demand for online shops. However, Benderson Development continues to thrive in this space. Its many retail assets include the likes of The Shoppes at UTC in University Park, Florida, which offers an eclectic mixture of popular off-price retailers and in-demand restaurants. These businesses, nestled in a lush display of tropical foliage, no doubt enhance the company’s theme of “Shop, Dine, Work, Play.”
Thousands of miles away in New York, Benderson oversees real estate assets such as the Eastgate Plaza and Eastview Plaza in New York. Both are located a few minutes from the Buffalo/Niagra International Airport and draw zealous shoppers from a number of locales.
The key to Benderson’s success is its top-level criteria for the selection of tenants. These high standards have led to high-quality tenants offering an appropriate mixture of merchandise that attracts a broad consumer base. This, in turn, encourages cross-selling among merchants in Benderson’s shopping centers.
In addition, Benderson Development has regional leasing offices sprinkled throughout the United States, so Randy Benderson’s personnel are not far from any center in the company’s portfolio. Thanks to his strategic approach to development and his passion to maximize his tenants’ bottom lines, Randy Benderson is expected to continue to soar in retail along with other aspects of a commercial real estate for years to come.
