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Experience always wins when it comes to great retail property management

BOMA, CSMA, Y2K, Byvan, Axiom Awards, Franklins and Diamaru … if any of these terms are familiar to you then chances are you’ve been in the Shopping Centre industry for a considerable time, just like Managing Director and founder of Comac Retail Property Group, Michael Haddrick.

Comac Retail Property Group’s DNA is in retail property management and leasing via many significant projects over nearly two decades. They currently have 13 centres under management and employ 20 staff. They are one of the ‘overnight success stories’ that have absorbed and prevailed through the GFC and now a Pandemic.

Proudly, Comac Retail Property Group continue to grow with Yamanto Central their latest leasing project and newest centre under management – due to open in the coming months. Yamanto Central has been exciting for Comac Retail Property Group, having the opportunity to lease a green fields project in one of the toughest climates and actually enjoy it! This is what Comac Retail Property Group absolutely love doing, adding value and creating something unique for their clients and their team. Taking on a new centre means that Comac get to expand their Queensland team by three people and the only thing better in their view than building shopping centres, is building a team.

That’s why Comac Retail Property Group started in the first place. Managing and leasing retail centres is an art and unfortunately this has been eroded with the change in ownership weighted more towards a funds management model. The fees associated with these important disciplines are constantly under downward pressure in contrast. At Comac Retail Property Group they strive to go the extra mile and always do what it takes to get the job done and done well. It is a philosophy that permeates their company, sometimes to their financial detriment. However, all their team know, do the job right and the rest will take care of itself. Just like a shopping centre, get the tenancy mix right and the rest will follow.

Understanding your centre with the right research is imperative – “What is your centres signature?”. Super Neighbourhoods are the latest craze, it used to be the Woolworths Marketplace developments consisting of Woolworths, Big W, a food court and 40 shops. Now people will advise you to steer clear of discretionary spending and concentrate on Super Neighbourhood Centres. In Comac’s experience this is not necessarily true, you just need to know your market, customer and lease, manage and market the Centre with quality, experienced professionals like the team at Comac Retail Property Group. They are your retail property management solution.

Comac Retail Property Group are the retail experts and offer a complete retail property management service. For a confidential discussion about how they can work with you to maximise your asset value, contact Michael Haddrick – Managing Director (+61 411 468 660 or michaelh@comac.com.au) or Brett Williams – General Manager (+61 478 312 407 or brettw@comac.com.au)