Industry veteran tapped to lead Hendon Retail Services.

Hendon Properties, a respected retail developer with a 30-year track record, announces the launch of a new division: Hendon Retail Services. Under the leadership of retail real estate veteran Jackie Wammock,CRX, CLS, principal, the firm provides a full-scope of leasing and management services for owners of retail real estate throughout the Southeast.

“The retail landscape is changing and many owners need experts to guide their leasing, management and investment decisions so that their properties perform at peak profitability,” says Charlie Hendon, president,Hendon Properties.“Jackie is one of the best in the retail leasing world and is building an expert leasing and management team to fill what we see as a void in this evolving market. We’re not just looking to fill empty space. Rather, we’re looking to build value in assets through strategic, concerted advice and decisions – very different from a typical brokerage firm.”

In pursuit of third-party leasing and management retail opportunities, Hendon Retail Services will offer strategies for redevelopment, leasing, property management, tenant coordination and asset management.

Wammock explains that internet sales and omni-channel integration are reshaping retailer’s footprints as storefronts shrink and warehouse/storage space increases. The mix and overall retail environment is evolving as consumers demand an amenity-rich experience. From outdoor patios, music, Wi-Fi and seating areas, retail centers must get creative in their offerings—restaurants, retailers, service providers and amenities—in order to be competitive and encourage longer and repeat visits. “It is that type of principal-forward counsel that we think makes a difference for our clients – and we intend to deliver just that,”continues Wammock.

“As a developer, owner and manager of a significant retail portfolio, the infrastructure, resources and day-to-day know-how are already in place to excel at a more creative, strategic approach to exceed owner-driven goals and objectives,” states Hendon.

While Hendon Retail Services formally opened its doors on November 1, Hendon Properties has been

building its asset management division since the onset of the recession. The firm not only maintained its developed properties during the economic decline, but also acquired assets that resulted in the management of a 30-property portfolio of more than6 million square feet of retail.

“We are taking what we learned by managing our own assets and are pursuing opportunities to build value through leasing and management for other institutional and private owners of retail assets across the region,” concludes Hendon. “We are currently talking with several family funds as well as other institutional ownersabout management and leasing opportunities.”

About Hendon Retail Services

Hendon Retail Services is a highly specialized retail real estate firm that takes a principal-led approach to leasing and management retail assets throughout the Southeast on behalf of institutional and independent owners. The firm provides personal, hands-on service and creative solutions that bring value to their portfolios. The company offers a full-scope of services including redevelopment, leasing, property management, tenant coordination and asset management. To learn more, visit hendonretailservices.com.

About Hendon Properties

Hendon Properties is a full-service development, brokerage and management organization with a specific focus on community and regional shopping centers as well as credit tenant build-to-suit developments. The Hendon team is actively involved in all aspects of retail real estate, including: site selection, project budgeting, due diligence, engineering, architecture, construction and leasing. In 2015, Hendon Properties proudly celebrated its 30-year anniversary. To learn more, visit hendonproperties.com.