Acquisitions & Redevelopment

SDP identifies and executes retail acquisition and redevelopment opportunities across the Western United States. The natural evolution of retail, coupled with fragmented ownership and restrictive governing property documents has led many well-located shopping centers to underperform—creating opportunities to reposition assets through thoughtful planning and diligent execution.

Our approach includes:

  • Development and repositioning of retail anchors, junior anchors, multi-tenant buildings, and outparcels
  • Introducing complementary non-retail uses—such as multifamily, hotel, self-storage, and medical office—to create vibrant mixed-use environments
  • Rightsizing existing anchors and junior boxes to match current market demand
  • Leasing vacant space and optimizing tenant mix to drive long-term performance
  • Restructuring project governing documents—including restrictive covenants, exclusives, prohibited uses, control areas, co-tenancy clauses, and operating covenants—to enable a successful repositioning

SDP leverages longstanding relationships with national and regional tenants, consultants, financial partners, and contractors to deliver comprehensive, end-to-end redevelopment solutions that create long-term value.