Since our founding, Stratus has worked with investors on a variety of multi-family property deals, ranging anywhere from an 8-unit building to entire portfolios. We specialize in stabilizing and repositioning A, B and C class properties. As an active investment and development participant in the multi-family sector, Stratus has insider knowledge of the market and can aid both buyers and sellers in making the best decision.

Office properties make up a large portion of the current commercial market. The experts at Stratus have ample experience acquiring new tenants, helping end users find a new space, and assisting investors in finding the right space for their 1031 exchange.

Retail properties make up a large percentage of commercial properties. Stratus has ample experience acquiring new tenants, helping end-users find a new space, and assisting investors in finding the right retail space for their 1031 exchange. Repositioning can be vital to the resurgence of retail centers, and Stratus has worked to redefine these spaces through updated build-out and the introduction of national brands to increase return on investment for property owners. Whether it’s buying a retail center, developing standalone buildings, or leasing, Stratus has handled it.

How Big is Too Big?

Notes on store sizes:

Wal-Mart and Target are currently building “supercenters,” which combine their usual array of merchandise with a full supermarket and numerous specialty services from cut flowers to eye glasses. Supercenters typically range from 180,000 to 250,000 square feet, or between 4.1 to 5.7 acres. The parking lots that surround these stores are several times the size of the store itself. Many other big box retail stores—including earlier-generation Wal-Mart outlets, Home Depot, Lowe’s, Office Depot, Bed Bath & Beyond, etc.—are in the 60,000 to 140,000 square foot range. Barnes & Noble and Borders Books stores range from 25,000 to 45,000 square feet, or about the size of a very large supermarket. Free-standing chain drugstores operated by Walgreens, Rite Aid, and CVS are generally 11,000-15,000 square feet.

As for independent retailers, there’s quite a range. Many Main Street stores are under 1,000 square feet. A full-service neighborhood grocery store might be 10,000 square feet. Locally owned hardware stores generally range from 2,000 to 20,000 square feet. An independent bookstore might be 1,500 square feet.

A growing number of cities and towns are adopting store size caps to ensure that new retail development is scaled appropriately for the community and does not overwhelm the local economy or exacerbate sprawl and traffic congestion. Most communities choose an upper limit of between 35,000 and 75,000 square feet.

For more information on store size caps and other measures to control big box development in your community, see:http://www.newrules.org/retail

Produced by the New Rules Project, a program of the Minneapolis-based Institute for Local Self-Reliance.

When people think of industrial spaces they tend to think of large warehouses, but Stratus has worked to represent both buyers and sellers for a variety of industrial properties, including trucking and distribution centers. These centers are pivotal to our nation’s supply chain, and the intricacies of finding the right space can be complex. That’s why at Stratus we make sure our industrial properties are given the same attention as our other high-interest listings.

Between site selection, feasibility tests, analysis and permitting, Land and agricultural listings can be complex. Whether you want sell your acreage or you’re looking for the perfect commercial pad site for your new development, Stratus can handle your transaction. Combined with our connections at the University of Georgia and partnership with the Urban Land Institute, we aid buyers in locating property that is sustainable for their desired end use. To learn more about how we can help you with your commercial land deal, contact us today.

Here at Stratus we are always looking to break out of the mold and take on a challenge, which has lead us to represent specialty properties including churches, government properties and more.