Retail Lease Trac provides a commercial real estate database that connects retail professionals with expanding retailers by offering detailed demographic data, lease requirements, and direct contact information. This service enables faster leasing and vacancy filling, addressing the challenge of matching available spaces with retailer expansion needs.
Funding
$200K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Commercial real estate professionals face challenges in efficiently identifying and connecting with expanding retailers to fill vacant spaces. Traditional methods of prospecting and canvassing are time-consuming and often lack up-to-date contact and expansion plan information. This can lead to prolonged vacancies and lost revenue opportunities.
Solution
Retail Lease Trac provides a comprehensive retail tenant database designed to connect commercial real estate professionals with expanding retailers. The platform offers continuously updated expansion plans, desired demographics, and direct contact information for thousands of retailers across the United States and Canada. Users can search for tenants based on specific criteria such as retail category, square footage requirements, and geographic location. The database is updated every 120 days by a dedicated research team, ensuring accuracy and relevance. Retail Lease Trac also provides tools for exporting data to PDF/spreadsheets or uploading to CRM/email marketing platforms, as well as email marketing capabilities for broadcasting opportunities to potential tenants.
Target Audience
The primary users are commercial real estate brokers, economic development councils (EDCs), real estate developers, investors, shopping center owners, and real estate investment trusts (REITs) seeking to fill retail vacancies.
Features
- Access to a database of currently expanding retailers across the US and Canada
- Continuously updated expansion plans, demographic data, and direct contact information
- Advanced search functionality based on retail category, square footage, and location
- Data export capabilities to PDF/spreadsheets and CRM/email marketing platforms
- Email marketing tools for broadcasting opportunities to potential tenants
- Direct contact information including email addresses, phone numbers, and headquarters addresses
- Facility requirements including current and desired number of stores, and desired square footage
- One-on-one virtual training sessions on platform best practices