Regency Centers Adopts New Spacewise Platform for Specialty Leasing
TORONTO, March 26, 2024 /PRNewswire-PRWeb/ -- Spacewise, the company that pioneered a visionary new software platform to help retailers and brands find and book spaces for short-term lease at consumer-facing properties throughout Europe, has come to the United States with an agreement to provide its proprietary Spacewise Suite® and Marketplace solutions at select premier properties of Regency Centers, the companies announced today.
- However, traditional specialty leasing requires time-consuming effort to vet short-term tenants, negotiate leases, collect payment and process renewals, limiting ROI.
- Spacewise's innovative and proprietary platform, created for specialty leasing teams, allows owner/operators to ramp up the leasing process and manage short-term and pop-up deals in one, easy-to-use online platform, said Brennan Wilkie, COO and president, Americas for Spacewise.
- "Our technology improves the economic model for specialty leasing, creating new revenue opportunities while adding margin by reducing the cost and time to close deals.
- Short-term leasing provides an opportunity for brands to be first to market," said Jan Hanak, vice president, marketing and communications at Regency Centers.