Commercial redevelopment help

[Ariel Jeidel]

We are a family office that owns retail in close to 20 states. Most of our property is in smaller, not great markets. We have tons of large vacancies. Some are 50,000sf or so boxes, probably 1,200,000 sf or so total vacancies. We also have some properties with 20+ acres of vacant land. Looking for some info to get me started in figuring out if it makes sense to turn into apartments or maybe industrial or self-storage. Any info is helpful. At this point, I think a ballpark number for what it cost to build per unit (assuming we focus on apartments) is probably a good start. I assume my next step would be figuring out if the market rent can justify that cost and if there are any local incentives to make it work. Thanks